Review — ToKoin ( Accelerating Growth of Micro, Small, and Medium Enterprises in Emerging Mar )

Vu Cuong
5 min readAug 14, 2019

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The project on blockchain helps small businesses reach their potential by leveraging important Market knowledge. Tokoin provides a platform to create valuable partnerships that can help you entice ecosystems along with business profiles that will be useful for business development.

As far as I know, this is an Indonesian project that is being evaluated by the IEO website, in addition to having a very effective strategy, expected to be IEO at an average grant in the near future

About ToKoin

Tokoin may be a platform that establishes the identity of MSMEs as an appropriate name within the business system. Tokoin presents an improved and trendy business system that gives valuable partnerships to handle inclusive growth. As a platform, Tokoin captures and processes business
information from the users as a valuable plus, which, in our system, interprets into a marker for trusted name of the MSMEs as our users. this permits them to access antecedently inaccessible financial business services from suppliers, that act as our partners. Therefore, Tokoin links the business and money sectors to launch a theme of monetary inclusion. The partnerships fashioned in Tokoin can later on contribute to the national economic process.

Characteristics of Tokoin:

Digital Identity: To address MSMEs’ wants for reputable and valid identities, Tokoin utilizes the digital sector as a facility and privilege. By getting a Digital Business ID, MSMEs ar able to record and keep track of their business processes during a digital ledger, whereas at the same time distributing the credit grading that they’re building to different partners within the scheme of Tokoin. this can be the localised nature of the blockchain technology, during which there’s no central purpose of authority that records the information.
Applying the blockchain technology during a business method, Tokoin aims to make Associate in Nursing scheme which is steam-powered by information distribution and at the same time benefitting the participants.

Digital ledger: All of the dealing knowledge from business operations by MSMEs as our users ar about to be unbroken digitally and at the same time in an exceedingly processed record referred to as a digital ledger. Any info, ranging from the KYC to additional elaborate info,such as income, sales and earnings, and routine business purchases, are recorded as valuable assets. These assets also will be compiled, processed, and given worth in step with the depth of the knowledge contained. the worth embedded to the information will function Associate in Nursing indicator of credit rating that builds the name associated with a business’ profile. With the underlying technology of our platform, the information within the digital ledger ar potential to be distributed in our scheme to get interrelationships between all participants.

Ecosystem: Tokoin ecosystem consists of an order of arrangement to convey the experience of distributing values from one participants to another. Each participant holds a determining role in order to keep the ecosystem fruitful to every business involved. The interaction between Tokoin user and partners is enabled by the blockchain technology to ensure every participant with security to every transaction and a more trustworthy relationship, resulting to valuable partnership between every partakers. In the business activity of Tokoin. MSME as the data provider, submit their transaction data activity through Tokoin dApp. Tokoin process and validate the data into valuable asset. Partners can acquire the data by staking Toko tokens.

Roadmap

Q4 2018:

Selling Tokoin Tokens through Private Sales and Pre-Sales
Development & distribution of Tokoin Wallet

Q1 2019:

Grand Launching of Tokoin
Selling Tokoin Tokens through crowd sales

Q2 2019:

On-board Blockchain Advisor for Tokoin’s ecosystem
Launching of POC on TestNet

Q3 2019:

On-board Warehousing Partners for Tokoin’s ecosystem
On-board Financial Partners for Tokoin’s ecosystem
Expansion of local operations to 10 tier-one cities in Indonesia

Q4 2019:

Launching of Data Reputation engine
Launching of Data Visualization platform
Launching of Partner Suite platform
On-board 50,000 users on Tokoin’s ecosystem

Q1 2020:

Launching of dApps on MainNet
Launching of Tokoin POS system
Launching of Data Exchange platform for Token stacking and loyalty program
Expansion of local operations to all capital cities in Indonesia
On-board 10,000 users in Tokoin’s POS system

Q2 2020:

Launching of Tokoin’s POS System
Expansion of pilot hyper-local operations to Thailand
On-board 1000 users on Tokoin’s ecosystem in the regional hyper-local market
Development of AI Solutions for Tokoin to scale up Operations

Q3 2020:

Expansion of hyper-local operations to Vietnam and the Philippines
On-board 500,000 users on Tokoin’s ecosystem in the Indonesian market
Expansion of local operations to 10 top tier-one cities in Indonesia
On-board 50,000 users on Tokoin’s ecosystem

Q1 2021:

Integration of AI solutions for Financing and Logistics partners

Q2 2021:

Expansion of hyper-local operations to other potential emerging markets
On-board 10,000 users on Tokoin’s hyper-local ecosystem

This is a clear roadmap, the project is showing that they are strategically approaching the market.

Token Distribution

Conclude:

With what I know about the project, this will be a promising project in the future. In the near future, the project is implementing the IEO program, and you can also consult to join the program. You can also find information about the project through the project’s communication media.

WEBSITE: https://www.tokoin.io/

TWITTER: https://twitter.com/TokoinOfficial

FACEBOOK: https://www.facebook.com/TokoinOfficial

REDDIT: https://www.reddit.com/user/TokoinOfficial

TELEGRAM: https://t.me/tokoinglobal

MEDIUM: https://medium.com/@tokoin

My user bitcointalk: vucuong16101997

Link my bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2239114

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Vu Cuong

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