Did you know? Tokoin based on Blockchain can push MSMEs towards promising economic opportunities Jumail Follow Sep 24, 2019 · 6 min read

Technological developments bring many changes in many sectors of life. Technology offers many new things that are effective and efficient to accelerate human activities in everyday life, both carried out by individuals and groups. The change that has been felt most recently has been in the economic and trade sectors. Life demands that require everything to be done quickly, safely, and easily provide challenges for economic actors to maximize their services and products.

One of the drivers of the economy is MSME (Micro, Small, and Medium Enterprises). In some countries, the percentage of MSME tends to dominate the economy more than large-scale businesses. MSME has many important roles, including:

✔️ Improve the economic level

✔️ Expanding employment

✔️ To generate large scale employment

✔️ Providing foreign exchange earnings for the State

✔️ To sustain economic growth and increase exports

✔️ Making Growth Inclusive

With such a large role, MSME still has many opportunities to maximize its potential. That is why technological developments such as blockchain are very effectively applied to service improvement in emerging markets. This is a very effective solution to overcome many problems that hamper the development of MSMEs. This is getting stronger when the use of the internet and online systems is increasing in this era. Therefore, with this great opportunity, Tokoin is present as a solution to help MSMEs build a modern and profitable trading ecosystem.

A. What is Tokoin?

Tokoin is a trusted blockchain-based platform that was built to improve the utility and performance of MSMEs. So that the work system of MSMEs related to data collection and other important information storage which is manual is computable and well structured. This is an excellent opportunity for you, the owner of MSMEs to develop your business profile in the right way.

Tokoin ecosystem

If you have a business and want to expand your network, it’s time to learn about the Tokoin ecosystem. Don’t miss this great opportunity to overcome your various business problems related to data collection, information dissemination, and marketing digitalization. The existence of a well-functioning ecosystem maximizes all aspects of the trade, namely suppliers, service providers, and financial intermediaries that make MSMEs have great potential in increasing economic opportunities.

Another benefit you will get if you join Tokoin is that you have the opportunity to experience the achievement of the Tokoin mission:

☑️ Building MSME profiles to guarantee data integrity

☑️ Creating a virtual ledger for each MSME transaction

☑️ Lower financial inclusion barriers by providing reputation scoring

☑️ A sustainable business model that enables MSMEs to reach a higher scale

☑️ Increasing the economic capability of the whole MSME ecosystem

The existence of blockchain technology is predicted by many economists to shift the role of eCommerce. That is why Tokoin is here to provide education and open opportunities for business people to improve the economy promising.

B. Why is TOKOIN useful for MSME entrepreneurs?

Building a business from scratch with little capital requires process and hard work. Expansion of the market network so that more people know and know the products or services offered also provides many challenges. That is why combining technological developments, blockchain, marketing strategies, and maximizing tools and facilitated by Tokoin can provide many benefits for you as an economic actor.

Other problems that are often experienced by MSME entrepreneurs are lack of capital, market access, access to permits, lack of management, and lack of access to information technology. Business development through credit with improper management tends to make MSMEs entrepreneurs more difficult. That is why one of Tokoin’s goals is to educate the MSMEs market about the importance of proper data management so that it can be trusted by large industry owners to get better market bargaining power.

In addition to maximizing target markets, licensing, data management and maximizing information technology, it is fully facilitated by Tokoin dApp to build profitable Digital Identity. Information and how to build a digital identity you can learn in more detail in the whitepaper on page 21. With a variety of features offered to the needs, merchants will be able to meet the needs related to business services and financing without intermediaries and complicated processes. With its large role, the success of MSMEs can greatly influence the economic sustainability of a country.

How to get a Digital Identity

Digital identity can increase your success in carrying out marketing strategies, both B2B and B2C. If your profile is good, with a good reputation, it will increasingly attract the attention of business partners and other MSME entrepreneurs. So that the targets from Business to Business (ie other businesses or companies) and Business to Customers (ie individuals or groups) can be achieved properly. Of course, this must be accompanied by improvements in product quality, service quality, to communicate with your customers. When your customers are other businesses or companies, then you have to build strong relationships in this business sector.

C. Will TOKOIN have Apps?

Of course, Tokoin will present dApps and also build network infrastructure around Tokoin. Based on the roadmap, dApp Tokoin will launch in Q1 2020. With this dApps will facilitate the management and monitoring of all activities in trade and all important data collection. To support the creation of a potential ecosystem, Tokoin is supported by a team of professional and experienced developers in their fields, besides that, it is also supported by a profitable partnership, and most importantly, Dahlan Iskan as one of the influential people in the business world in Indonesia is a part of the advisor.

You can see the sneak peek Tokoin dApp through this video

I am sure, with the dominance of the blockchain, Tokoin is able to compete with existing eCommerce. With the advantages of the blockchain, trading activities will be more fun without problems that can arise from the presence of a third party. So dApp Tokoin will attract a lot of interest from retail and wholesale traders and form a fun retail marketplace ecosystem.

Tokoin also makes TOKO tokens to support all trading activities. The token shop is based on ERC-20, you can use all types of wallets that are compatible with it. You can buy a TOKO token as a commodity in KuCoin and trade there now, or make it an investment, with enough promising potential, I think the TOKO token also has a good opportunity for that.

Tokoin offers many solutions for MSME business people to develop their opportunities in achieving a promising economy. Compared to existing eCommerce, Tokoin has more maximum performance because it is supported by blockchain technology so that problems often caused by third parties can be avoided. Indonesia, as the first target of market development, is a very potential target, where more than 26 million MSMEs are operating. So with a broad target market, real usage, and all the features offered by Tokoin can become the #1 Indonesian blockchain project.

Let’s use this opportunity well and be a successful part of improving the Msme’s economy.

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