Small and medium-sized enterprises are enterprises with small or medium trade turnover and financial indicators. They are self-employed citizens and individual entrepreneurs. In recent years, the familiar rumor of "small and medium-sized enterprises" has been replaced by the more progressive name of "micro, small and medium-sized enterprises" MSME. This term for developing economies, denotes the importance of micro-enterprises, which are an important part of our business. The standards and criteria for the definition of micro-enterprises, as well as MSMEs in different countries and organizations are different. Tokoin is a platform designed to create infrastructure for small and medium-sized enterprises. The Tokoin platform is headquartered in Indonesia.
It is a platform designed to establish the digital identity of small businesses and MSME reputation as the main confidence-building measure for partners of suppliers and financial counterparties. Create your digital business identity for MSME, which is a true reflection of your business reputation.
Problems that need to be solved. Banks have always been biased against MSME SMES. In general, the availability of financial injections for small businesses is far from ideal in emerging markets. Therefore, most MSMEs do not have access to external financing. All this is happening because young and newly opened businesses do not have a credit history and often do not have proper legal documents at all. They also have nothing to offer to banks as collateral, as such enterprises often have no property. The majority of MSME's small and medium sized enterprises do not have sufficient production capacity and therefore have low sales, so their capacity is minimal and they simply cannot afford to receive volume discounts from suppliers.
It puts small business in an unequal position with the big campaigns at which simply huge volumes of orders at them for this purpose there are special departments of purchases which problem to buy all at the minimum prices exists. The content of such a staff is unfortunately not available for small enterprises. All of the above creates a vicious circle of problems. When small businesses get into it, it is very difficult for them to get out of it. High cost of purchase leads to high retail prices - high prices - low demand - low demand - lack of customer loyalty - low profit - dissatisfaction of founders.
What way out? Tokoin has them!
Tokoin is a reputation-based platform based on blockchain, an uneditable registry technology. Simply put, it is a database containing all the full information about the business reputation of both small business representatives MSME and their clients.
With such a system of data collection and analysis, the Tokoin project can turn them into competitive advantages of MSME small businesses, which more than compensate but also strengthen all the weaknesses of small businesses. As a result of assigning a digital decentralized business identifier, MSME is able to create and analyze its business processes in a decentralized distributed book of accounts, which is transmitted to all interested partners on the Tokoin platform thanks to the transparent blockchain structure.
This is a decentralized blockchain structure where there are no central servers, no data concentration in one place, and therefore no vulnerabilities associated with it. When all data is physically located in the same place, on the same server(s) it is a direct threat to data security when it can easily fall into the hands of intruders as a result of hacking. Blockchain project Tokoin is based on distributed servers (nodes) when each node has a full copy of all blockchain data and is therefore devoid of classic storage method vulnerabilities because access to it is securely protected by cryptographic encryption, which is why the cryptocurrency has such a name.
Tokenometrics:
Token name: TOKO
ICO token type: ERC-20
Total number of tokens: 2 000 000 000 TOKO
The token is successfully traded on the Kucoin exchange and traded, the price is several times higher than the price at the start of sales
All links to Tokoin project are presented in the description below! All the best for you!
website: https://www.tokoin.io
whitepaper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82
Telegram: 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
author: sorbit
https://bitcointalk.org/index.php?action=profile;u=1180811
Eth : 0x531a50b437725CA67A8AeE30065370453Db09334