Tokoin Building a Digital Identity for all Small Businesses

Global businesses now dominate a large part of the market. Many famous brands we see in the world continue to maintain their leadership by crushing their competitors. These brands often go to great cost cuts to end their competitors. Alternatives in the market have been resisting these cost problems for a while, but they are disappearing from the market over time.

As a result of this monopoly, consumers are forced to content themselves with the products offered by the major brand owners. Because of these and these processes, consumers cannot consume cheap goods. Small businesses often find it difficult to enter the market. The reasons for this are that they do not have sufficient funding and that they cannot maintain their liquid balance in the long run.

What Offers Tokoin to Business Retails ?

For many small and medium-sized retails , there is no competitive situation in the market. This sector, which cannot be accessed in any way, needs a great deal of digitalization. Tokoin builds its own kyc and digital structure, enabling small businesses to adapt to more markets and achieve cost advantages. Tokoin, which has a detailed ecosystem, allows all retails data to be processed into the blockchain environment.

How Tokoin Contributes to the Development of the Global Economy

• With Tokoin, the communication process between enterprises is accelerated. MSME can track all their accounting processes through the digital identitiesthey receive. With Tokoin, which creates a system in which users can be rewarded with credit ratings as a result of their transactions, users provide absolute benefits.
• MSME's often cannot open up to global markets. The reason for this is that the price they supply their products is not low enough. With Tokoin, businesses can negotiate with a supply center anywhere in the world and buy goods at a very cheap price. This increases their competitiveness with big brands and helps to develop the economy in the long run.
• The problem of many small businesses is that they do not have enough funds. Banks do not give credit to these companies due to lack of digital identities. Through Tokoin, businesses can digitally present all financial book records to banks. As a result of this situation, banks themselves can come to the right enterprises and give loans to low interest rates.
• As everyone knows, one of the most important sources in the world today is data science. Due to the insufficient amount of data from the enterprises, there are no suitable solutions for small enterprises. Some businesses carry goods at very high prices, while some transport companies are looking for goods to carry. Tokoin removes all these barriers between the buyer and the seller, allowing people to communicate directly with each other.

What are the differences of the Tokoin system from similar blockchain initiatives?

• Today, many startup projects do not have a viable structure. Many projects try to benefit from each other with similar ideas. Most projects promise solutions to non-problems. Tokoin is a really feasible project and quite different from the others.
• The Tokoin team, which respects alternative ideas and wants to ensure the rapid development of the platform, has created a system where people can make money. Tokoin, which will meet the data requirements of the world to a large extent, aims to establish a digital database. Any small and medium-sized enterprise can benefit from this digital database.
• Only businesses that wish to provide data to the platform save their business information in the Tokoin system. The Tokoin team builds a Kyc system to ensure the accuracy of businesses, ensuring that all businesses are accurate and reliable.

Last Words

The project is managed by a team of experts in the field and has worked in many blockchain startups. You can reach the details of the project that will start the ieo studies via Kucoin in the following addresses.

Detailed Information About Tokoin Project

Website: https://www.tokoin.io/
Telegram Chat: http://t.me/tokoinglobal
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial

My profil: https://bitcointalk.org/index.php?action=profile;u=1771007

Tokoin

Explanation of Tokoin's ICO platform

What is the TOKOIN mission? 
Creation of the MSMES profile to guarantee their data integrity 
Creation of a virtual ledger for each transaction MSME 
Reduce obstacles to financial inclusion by providing a reputation score 
A sustainable business model that allows MSME to operate on a higher scale 
Increase the economic capacity of the entire ecosystem MSME 

Tokoin is a platform that establishes the digital corporate identity and reputation of MSME as an acceptable measure of trust for suppliers and financial institutions. Create a digital corporate identity for MSME that represents a valid business reputation. 
Basic token information: 
Token name: Tokoin
Token symbol 6 TOKO 
Soft hat: $ 8,000,000 
Hard cap: $ 25,000,000 
Sale quantity: 700,000,000 TOKO 
Country: India 
Problems with high funding obstacles
After the financial crisis, banks were skeptical of MSME loans. They adhere to the generally accepted stereotype according to which the MSME do not have sufficient cash flows to make loan payments. Overall, financial accessibility is still low in emerging markets, as 70% of MSME still have no access to funding opportunities. This is often explained by the fact that, as relatively new or small businesses, most MSME do not have adequate legal documentation, guarantees and / or long-term credit history. 
Expansion difficulties 
Most MSMEit does not produce enough to take advantage of economies of scale. They also have low order volumes, which means they have little influence on suppliers and do not receive wholesale discounts. This leads to higher production and transaction costs than large companies and, unlike companies where entire departments are engaged in procurement and financing, MSME has fewer resources to find the best suppliers or adequate funding. International expansion is also problematic. 
Lack of business support
For MMZ, these problems mean that they feel trapped in the cycle of high costs, minimal financial support and strong competition. At the center of this cycle is the lack of trust on the part of institutions that should support the IHR to support and grow. The suppliers do not trust them, the banks do not trust them and, ultimately, the customers do not trust them. What is missing is MSME's ability to build a reputation that creates trust and opens up a wide range of services that improve growth. 
Through the blockchain network, it is possible to verify the data relating to commercial transactions in the ecosystem. TOKOINuses the data recorded on the blockchain network as a valid indicator of corporate reputation. In other words, this reputation will be based on the customer's buying behavior in trading activities and this information will become an important part of the client's profile. With this approach, TOKOIN can transform an accurate data record into a valuable resource that MSME can use as leverage to compensate for missing loan requirements, as a measure of reliability. 
Digital identification
Responding to the needs of an authoritative and real person, Tokoin uses the digital sector as a help and a privilege. With a digital business identifier, MSME can record and track its business processes in a digital ledger, while distributing the credit ratings they create to other partners in the Tokoin ecosystem. This is the decentralized nature of the blockchain, in which there is no central strength that records the data. The use of blockchain technology in a business process. 
Digital book
All transaction data resulting from the MSME commercial transaction as a user will be stored in digital form and at the same time a computerized record called a digital ledger. The information provided by KYC to identify the initial company profile and more detailed information, such as cash flows, sales and revenues and ordinary commercial purchases, are recorded as a valuable asset. This resource will also be compiled and processed and a value will be assigned based on the depth of the information it contains. 
Service provider 
To help MSME, Tokoin is also supported by partners who provide financial and commercial 
services such as loans and loans to businesses, insurance services, logistics, delivery and
warehousing. As a user of Tokoin, MSME can choose business services based on their preferences and a development plan. For a service provider, this means that they can work closely with MSME, gain access to their data and get an overview of their potential customers. 

What problems does the Tokoin ecosystem solve? 

The biggest problem with micro, small and medium-sized enterprises is that they do not have enough capital to start up and grow. Since the trading volumes of companies are not very high, no matter how brilliant their ideas are, today's classic banks do not want to lend.
The lack of technical support emerges as another consequence of a lack of budget. If small businesses fail to make sufficient investments, they will not be able to obtain and read the data that will accelerate their development and, in the long term, failure will be an inevitable end as they misjudge the market. Micro, small and medium enterprises need guidance to manage their data collection and evaluation processes. 
Another problem of micro, small and medium enterprises is the problems they have in establishing business partnerships with people or companies with similar goals and companies in their business areas. It is very difficult for MSME to establish commercial partnerships because their recognition and reliability are initially very low. 

Road map:
Q4 2018 
TOKOIN Token for private sales and pre-sales TOKOIN Development and distribution of portfolios. 
Q1 2019 
Grand Launch TOKOIN 
Q2 2019 
Integrated blockchain advisor for the POC 
TOKOIN ecosystem launched on TestNet 
3rd quarter 2019 On 
-board storage partner for the TOKOIN ecosystem On 
-board financial partners for the TOKOIN ecosystem 
Expansion of local operations in 10 cities of first level in Indonesia 
Q4 2019 
Start the data reputation engine. 
Start a data visualization platform. Start the Partner Suite platform. 
On board 50,000 users in the TOKOIN ecosystem. 

Q1 2020 
Start the applicationTokoin dApp on MainNet. 
Start the POS TOKOIN system. 
Start the data exchange platform for the token accumulation program and the loyalty program. 
Expand local operations in all the capitals of Indonesia. 
On board 10,000 users in the TOKOIN POS system. 
Q2 2020 
Start the TOKOIN POS system. 
Expansion of hyper-local pilot operations in Thailand. 
On board there are 1,000 users in the TOKOIN ecosystem in the regional hyper-local market. 
Develop AI solutions for TOKOIN to resize operations. 
Q3 2020 
Expansion of local operations in Vietnam and the Philippines. 
On board there are 500,000 users in the TOKOIN ecosystem in Indonesia.
Expansion of local operations in the 10 largest first-tier cities in Indonesia. 
On board 50,000 users in the TOKOIN ecosystem. 
4th quarter 2020 
AI distribution as part of the Business Intelligence features 
Implementation of the forecasting and forecasting platform in the TOKOIN ecosystem 
More information on the project: 
Website: https://www.tokoin.io
White paper: https: // www. tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82
Telegram Chat: http://t.me/tokoinglobal
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial
Half:https://medium.com/@tokoin

My profil: https://bitcointalk.org/index.php?action=profile;u=1771007

TOKOIN : Accelerating the Growth of Micro, Small and Medium Enterprises in Developing Markets.

 

TOKOIN works as a platform that provides convenience to every B2B stakeholders to reach their business goals respectively. 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. 

WHAT IS TOKOIN?

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.

The Problems

• Lack of financial support for start-ups: As it’s a common feature of all MSME’s that they lack strong financial support, collaterals and also enough cash inflow, this makes them unqualified to get loan from banks and
• Inability to maximize data usage effectively: Data being generated by most MSMEs are supposed to be used effectively for the development of the business but most MSMEs don’t even understand these data, talk-less of maximizing its effective usage.

The Modus Operandi of Getting Digital Identity on Tokoin

• A business account is created on Tokoin’s App by MSMEs’
• A KYC is done by Tokoin team to verify the profile being submitted by an MSMEs’
• An official business identity is earned from Tokoin immediately KYC gets successful
• This business identity can then be used to carry out transactions by MSMEs’ on marketplaces affiliated with Tokoin
• Digital ledger can therefore be maintained by MSMEs’ and also create transaction records by doin transactions with their digital business ID.

What’s in it for Brand and service providers?

• They can easily access user’s profile
• They are able to see real-time business transactions
• They are able to see business reputation and
• They can also see affiliate networks.

PROPOSITION OF VALUE

1. Building a Digital Identity
for MSMEs that represents 
a valid reputation

2. Accommodating MSMEs
to use their data for 

3. create more funding opportunities. Provide growth opportunities
for MSMEs by bringing 
business partnerships 

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
• Stores point reward and use it to claim discount for every transaction

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

TOKOIN ECOSYSTEM

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.

TOKEN

1. Token Name: STORE

2. ICO Token Type: ERC-20

2. Total Token Supply: 2,000,000,000 STORES

4. Token Sales: 700,000,000 STORES

(35% Token Supply)

5. Hard Hat: $ 25,000,000

6. Soft Cap: $ 8,000,000

Token Allocation 

1. ICO Contributor - 35%

2. Industrial Funds - 40%

3. Treasury - 10%

4. Team & Initial Contributors - 10%

5. Advisory - 5%

Use of Funds

1. Product Development - 50%

2. Marketing & BD - 35%

3. Operation - 10%

4. Reserve - 5%

ROADMAP

2018

Q3

• Start the TOKOIN Project

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

For more information about this project, follow the link below: 
https://www.tokoin.io/

Telegram Chat: http://t.me/tokoinglobal

Twitter: https://twitter.com/TokoinOfficial

Facebook: https://www.facebook.com/TokoinOfficial

Medium: https://medium.com/@tokoin

Instagram: https://www.instagram.com/tokoinofficial

My profil: https://bitcointalk.org/index.php?action=profile;u=1771007