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Saturday, August 17, 2019

TOKOIN - Accelerating Growth of Micro, Small, and Medium Enterprises in Emerging Markets


I am Bitcampaign, today I will discuss a crypto project called Tokoin below I will give some more detailed explanations of the Tokoin project

WHAT IS TOKOIN?

TOKOIN is a platform that establishes digital business identity and reputation of MSME as an acceptable credibility scoring for suppliers and financial institutions.. Helping small businesses to achieve their potential by leveraging data. Face the real market. Tokoin provide a platform to build valuable partnership which will bring you into the engaging ecosystem consists of collectible business profiles profitable for business expansion. Our blockchain-powered platform works by reciprocating data using a distributed proof of commitment incentive model and connects resellers directly with producers of all sizes thereby empowering the resellers with buying power. Blockchain is used to provide transparency through accurate shipping information, near-time market data, reputations, traceability, tracking and most importantly; a method to ensure purchase commitment and allow global participation. Tokoin aims to reduce the number of distributors in the supply chain and flatten the current gap between producers and resellers so that every partaker build trust by delivering better value to each other. In Tokoin, we believe that trade and distribution should be easily trusted, transparent and equally empowering to all participants.

MSMEs are the building blocks and driving force behind the success of the global expansion. They are responsible for about 90% of the world’s registered businesses and have consequently made noticeable contributions to job creation, production, exports and bridging of income gaps specifically in developing countries. Their flexibility puts them a notch higher than corporations when it comes to adapting to the ever-changing business environment.

Technology has shrunk time and space. Businesses are ever-expanding, advertising and improving their activities through technology. If we are being honest, starting a business and not promoting it online or borrowing ideas on the internet, from other business owners, has never worked. Blockchain technology, developed as a distributed ledger of the transaction, works as a platform to ease the distribution of information between participants involved through the creation of a distributed database. Given that distributed data is valuable, the blockchain acts as a system that secures the data. A business transaction basically contains a set of data like buyers, sellers, orders, payments methods, discount, and detailed payment invoices among others. An online market has a set of data centrally situated on the platform. Adapting this data in a blockchain-based platform, all the information is accurately recorded using cryptography and then stored in blocks.

OUR MISSION

Tokoin’s mission is to facilitate trustworthy data exchanges in a specified platform so that MSMEs will be able to meet their needs for financing and business services without complicating intermediaries. The more prosperous MSMEs’ economy will lead to the sustainability of a country’s economy.

TOKOIN Mission
  • Building MSMEs profile to guarantee their data integrity
  • Creating virtual ledger for each MSMEs transaction
  • Lower financial inclusion barriers by providing reputation scoring
  • A sustainable business model that enable MSMEs to perform in higher scale
  • Increasing the economic capability of the whole MSMEs ecosystem

HOW TOKOIN WORKS


Buyer
  • TOKO tokens flow starts based on the valuability of data
  • Reseller input informations: basic profile and product value demand
Seller
  • Reseller's data will be valued to redeem appropriate discount
  • Producers earn benefits with the action of staking tokens
WHAT IS DIGITAL BUSINESS IDENTITY?


We aim to build business credit scoring that complies with the standard to apply business loans.
  • Stores point reward and use it to claim discount for every transaction
  • Directly quote to brands to buy bulk with lowest price
  • Record buying activity and gain reputation as one of the growing business factor
  • Every transaction occurs in the Tokoin platform will be stored as credibility record to be used as mortgage in the near future.
  • Dodge any possible fraud or risk of damage from doing transactions with unknown intermediaries
TOKOIN ECOSYSTEM


Tokoin ecosystem consists of an order of arrangement to convey the experience of distributing values from one participants to another. Each participant holds a determining role in order to keep the ecosystem fruitful to every business involved. The interaction between Tokoin user and partners is enabled by the blockchain technology to ensure every participant with security to every transaction and a more trustworthy relationship, resulting to valuable partnership between every partakers. In the business activity of Tokoin. MSME as the data provider, submit their transaction data activity through Tokoin dApp. Tokoin process and validate the data into valuable asset. Partners can acquire the data by staking Toko tokens

These are the users involved in the business activity of Tokoin. MSME as the data provider, submit their transaction data activity through Tokoin dApp. Tokoin process and validate the data into valuable asset. Partners can acquire the data by staking TOKO tokens. Tokoin Ecosystem assigned to convey the experience of one party to another with the order. Each participant, in order to maintain productive ecosystems involved in each company, has a decisive role. Tokoin interaction between customers and partners enabled by technology blockchain to ensure that the relationship between each participant and the security for each transaction, more reliable, making it a valuable partnership between each allotment. Tokoin in business activities. MSMEs as a data provider, transaction activity data submitted by Tokoin DAPP. Tokoin and validation process data into valuable assets. Partners can acquire data by stacking Toko Token.

Token Detail

What is TOKO Token?
TOKOIN Tokens are based on ERC-20, distributed on the Ethereum and are meant to be used for transactions at the exchange.
  • Token Name: TOKO
  • ICO Token Type: ERC-20
  • Total Token Supply: 2,000,000,000 TOKO
  • Token Sale: 700,000,000 TOKO (35% Token Supply)
  • Hard Cap: $ 25,000,000
  • Soft Cap: $ 8,000,000

ROADMAP

2018

Q3
Q4
  • TOKOIN Personal Sales and Pre-Sales Tokens
  • TOKOIN Development & distribution of wallets
2019

Q1
  • Grand Launching TOKOIN
  • Tokens Tokens that are sold by many people
Q2
  • Onboard Blockchain Advisor for the TOKOIN ecosystem
  • Launch of POC on TestNet
Q3
  • Onboard Warehousing partnered with the TOKOIN ecosystem
  • Onboard Financial Partners to the TOKOIN ecosystem
  • Expand local operations to 10 tier 1 cities in Indonesia
Q4
  • Launch the Data Reputation engine
  • Launch the Data Visualization platform
  • Launch the Partner Suite platform
  • Onboard 50,000 users in the TOKOIN ecosystem
2020

Q1
  • Launch dApps on MainNet
  • Launch the TOKOIN POS System
  • Launch the Data Exchange platform for the token stacking and loyalty program
  • Expand local operations to all capital cities in Indonesia
  • Onboard 10,000 users on the TOKOIN POS system
Q2
  • Launch the TOKOIN POS System
  • Expand hyper-local pilot operation to Thailand
  • Onboard 1000 users to the TOKOIN ecosystem in the regional hyper-local market
  • Develop AI Solutions for TOKOIN to increase the scale of Operations
Q3
  • Expand hyper-local operations to Vietnam and the Philippines
  • Onboard 500,000 users to TOKOIN Ecosystem in the Indonesian market
  • Expand local operations to the top 10 cities in Indonesia
  • Onboard 50,000 users in the TOKOIN ecosystem
Q4
  • Deploying AI as part of Business Intelligence Capability
  • Introducing the Forecast & Prediction platform into the TOKOIN ecosystem
TEAM







That's enough of my writing this time about the Tokoin project. I hope this is useful for those of you who want to know about this project, for more detailed information about the Tokoin project, you can visit the link below

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