Introduction
Where does the economy stand in the current globalized world? Many reports and research suggest that the real driver for growth in the majority of nations are the small and medium enterprises. They are the key growth indicators in any economy. Supporting their development and growth in the globalized market should be the priority for the governments. But, sadly, that is not the case. The funding, the market, and the people have been too drowned in the success of a few of the major corporations. They tend to overshadow the government policies and tax benefits. The single biggest issue in the current world is the pain during payment for goods and services.
MSMEs are always looking for better services for managing their payment solutions. Blockchain technology in the recent years has come at the right time for the business solutions. Many business sectors especially banking and financial institutions are working with blockchain specialist for a meaningful solution. Ethereum blockchain is the platform for creating many specialized services based on the blockchain technology. They have been part of blockchain revolution in a major way. Considering the growth and development in the sector, it is no wonder that we see the launch of a new startup every day. Do you think that we can build a similar solution for the SME sector?
Solution Offered
MUST is an innovation Estonian platform offering easy payment solution to the MSMEs. They are launching their MUST token which can be utilized in the payment for goods & services. Users utilizing the token will also receive the discount of 50% which would increase up to 95% till the year 2022. Ethereum blockchain is the technology behind the platform. The idea is to tokenize the assets of the small and medium enterprises with the help of blockchain technology. They are also working on the solutions for isolating the MSMEs from the volatility and speculative trading of the cryptocurrency.
Businesses on the platform can also utilize the smart contract for managing the daily transactions and contracts with the other business. Creating an environment of trust and transparency where the companies can work together without the need for the third parties is one of the core missions of the platform. Companies looking to finance their business can also use the power of blockchain technology on the platform.
ICO INFORMATION AND TEAM
MUST Token sale will start on 1st November 2018. 250 million tokens are available for public sale. The token sale will end on 30th November 2018. 35% of the funds will be utilized for the research & development while 40% of the funds will be utilized for the marketing. The team working on the platform is experienced in the field of blockchain technology and entrepreneurship.
Conclusion
The world of business is changing at a rate that no one can anticipate. The best we can do is to adopt the latest technology and find the solution which suits our needs. Blockchain technology is one of the latest technology that has managed to capture the attention of the businesses. MSMEs are the backbone of the economy, and it is imperative for them to test out the solutions presented by the blockchain technology.
With the excitement and craze around this technology, there are many fake startups that have not launched any product in the market despite raising billions of dollars in the market. The path of adoption of the technology should be fluid and flawless. The integration process offered by the platform to the MSMEs is accessible and productive. What do you think about the services offered by the platform? Will the enterprises like the solution?
Website - https://must.io/
Whitepaper - https://must.io/pdf/whitepaper.pdf
ANN - https://bitcointalk.org/index.php?topic=4509154.0
Telegram - https://t.me/must_en
Published by - coineaglebt
Btalkprofile - https://bitcointalk.org/index.php?action=profile;u=1936073