Tokoin Partners BiFrost for the Advancement of the Ecosystem

Partnerships are one of the leading ways of expanding the services of a business. Aside from drawing some unique innovations from the collaborated parties, the partners would also be able to grow their reaches, by leveraging the offers made by each of the partners.

It is against that backdrop that the Tokoin blockchain sought the partnership of BiFrost as a means of extending the services (such as credit scoring and loans) that it has in stock to offer the Micro, Small, and Medium Enterprises (MSMEs).

If you’ve been following this project for long, you would agree that Tokoin has one of the most innovative solutions that would set the startup industry on the path of glory. So, without much ado, let’s look at the unique tidings that come through from the partnership between BiFrost and Tokoin.

The DApp Connection
There’s no denying that Decentralized Applications (DApps) are one of the most defining instruments that came through blockchain. They were devised as a peer and trustless variation to the conventional mobile applications run by centralized institutions.
BiFrost was launched in light of the continued growth of DApp. The platform (BiFrost) is famous for being the leading middleware platform that connects Decentralized Applications (DApps) to blockchain protocols.
On the other hand, Tokoin pulls its weight as one of the most promising blockchain-based projects of our time. The fact that it is targeted at the small industries through the dedicated DApp is a move that makes the collaboration more intriguing.

The Correlation of the Tokoin Blockchain to the DApp Offer from BiFrost
The positive tidings of blockchain are many. It is on that premise that the Tokoin blockchain aims at reinventing the global Micro, Small, and Medium Enterprises (MSMEs) through the undisputable network of the blockchain technology.

The factors that led to the partnership with BiFrost boil down to the inadequacies noticed in the startup markets, especially in Indonesia where startups account for over 50% of the country’s Gross Domestic Product (GDP).
Through the unique features offered by Tokoin, of course through the blockchain platform, MSMEs would be able to have a digital database where their activities are mapped. Besides, the facilitation of the features through the dedicated Tokoin DApp ensures that these startups would upload their Know Your Customer (KYC) data and verify their digital identities. Hence, the premise of all these through the DApp that is connected to blockchain empowers finial intermediaries like banks to check the creditworthiness of the startups before issuing loans and credit facilities.

The Expectations of the Tokoin-BiFrost Partnership
BiFrost bridged the gap that existed before now in the blockchain community. In place of the highly sought balance for the Blockchain Trilemma puzzle, developers can now use the BiFrost platform to develop and delegate their Decentralized Applications (DApps).
Now, Tokoin takes advantage of the application and the protocol layers of the BiFrost middleware platform to combine the customizability, performance, and scalability of private blockchains with the decentralization and security offered by public blockchain networks.

To that end, there leaves no doubt that the Tokoin blockchain is sure of using the Linkers architecture provided by BiFrost to have an interconnection of control and transfer of data between the two blockchains (private and public).

In the coming months, the partnership between Tokoin and BiFrost would help it get more exposure and credibility concerning the innovations it is bringing into the Micro, Small, and Medium Enterprises (MSMEs).

TOKO is on coinmarketcap
TOKO which is Tokoin's official token to be used in the Tokoin ecosystem has been doing extremely well after the Kucoin spotlight token sale. It's now on coinmarketcap and trading on Kucoin with highest volume and also Coinexchange. The team is capable hence will roll out more exchanges with time to boost liquidity. In my own opinion, TOKO is a gem to hold for very long term since the project has a unique product and highly experienced/devoted team. Visit the URL to check everything about TOKO https://coinmarketcap.com/currencies/tokoin/

TOKOIN team has been working really hard
It will amaze you to know that Tokoin team has been doing everything possible to attain the project vision. Direct enquiries has been made from MSMEs to understand their pains which Tokoin promise to curb.