Blockchain technology and cryptocurrencies have penetrated very deeply into our lives. They also couldn't avoid small and medium businesses.
About the project.
The creation of the Tokoin project was made possible thanks to a strong team of developers and enthusiasts who were able to implement the most daring ideas and solutions. The Tokoin platform works on the principle of mutual exchange of information and hosts on its platform business projects with trust rating, thanks to which future partners will be able to choose with whom to collaborate and with whom not to collaborate.
Developers aim to reduce the number of intermediaries, unnecessary links, instead offering to create interaction directly between suppliers and consumers. All participants in the ecosystem - investors, entrepreneurs, suppliers and consumers - will benefit.
It is also planned to create a reliable ecosystem from the selected projects and campaigns of Tokoin dApp , which are suitable for building long-term relationships and connections by directly linking suppliers and consumers.
How exactly can this be done?
Each transaction on the platform will be recorded in the blockchain of the project and will become another entry in the trust portfolio of each counterparty. Platform participants will be able to buy goods at a discount thanks to the TOKO utility token.
tokenometrics:
a softcap of $8 million;
Hardcap - $25 million;
Total amount - 700 million pieces;
country - Indonesia;
In Indonesia, the prospects for the development of small and medium-sized businesses have not been exhausted yet. According to statistics, the number of small and medium entrepreneurs reaches 60 million people and despite the lack of support and sufficient funding, this figure is steadily increasing every year.
Banks have always been biased against entrepreneurs and owners of small and medium-sized businesses. Due to the fact that their small businesses are underdeveloped and do not have sufficient turnover and financial documentation, they refuse to grant them loans or issue them for a small period of time and at a looting interest rate.
Also, small businesses do not have sufficient marketing budgets for advertising. They do not have large volumes of production and sales to have high turnover and discounts when purchasing raw materials from suppliers.
Since there is no financial support from state institutions, they do not have the strength or capacity to compete with large corporations on the market. There are no opportunities to compete with large companies in the sphere of marketing and advertising, as the budgets are simply not comparable even close, and in the spheres of procurement and logistics - due to the large volume of turnover large campaigns have discounts when purchasing, compared to small and medium business enterprises MSME. The Tokoin project solves all the problems of small and medium-sized enterprises. It creates favorable conditions for MSMEenterprises to have trusting relations for small businesses and large corporations. By making daily transactions on the Tokoin platform, an enterprise increases its trust rating, which positively influences the choice of suppliers and contractors. All transaction data is written directly to Tokoin's blockchain in the form of decentralized accounting. It reflects all cash flows and transactions, income and expenses, turnover, assets and liabilities.
The Tokoin ecosystem is supported by representatives of various businesses: financial, logistics, legal, transport, retail and wholesale. Tokoin ecosystem partners will be able to independently choose the partners to cooperate with based on the trust rating system. In case of an unfavorable outcome of the transaction, the record of this will remain in blockchain forever and it will be impossible to remove it from blockchain.
For detailed study and acquaintance with the possibilities of the Tokoin project, I have put all the links to information resources about this project.
Website: https://www.tokoin.io/
White Paper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial
Telegram: http://t.me/tokoinglobal
Medium: https://medium.com/@tokoin
Reddit: https://www.reddit.com/user/TokoinOfficial
YouTube: https://www.youtube.com/channel/UCOncpHAzRWWjx6HBp4wAhbg/featured
LinkedIn: https://www.linkedin.com/company/tokoinofficial/
Instagram: https://www.instagram.com/tokoinofficial
author: molonlabe
btt: https://bitcointalk.org/index.php?action=profile;u=1235945
eth: 0xA4aA554Cf391b86bE17546c7fad1151689AE91A2