TOKOIN - The future of blockchain - mikdad icoblog

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Minggu, 25 Agustus 2019

TOKOIN - The future of blockchain




Cryptocurrency offers a variety of benefits for users throughout the world. However, their high price volatility inhibits mass adoption. The demand for cryptocurrency continues to increase, people have heard of it, but people want to know more about it and find ways to be a part of it. Blockchain technology can mainly be used for all types of transactions related to value (money, goods, real estate, etc.). Blockchain technology is a more efficient, decentralized, and consensus-based public repository where there may be some applicants to make citizens less dependent on government.

Blockchain is used to provide transparency through accurate shipping information, near market data, reputation, traceability, tracking and most importantly; a method for ensuring purchase commitments and enabling global participation. Tokoin aims to reduce the number of distributors in the supply chain and smooth out the current gap between producers and retailers so that each partaker builds trust by giving each other better values. At Tokoin, we believe that trading and distribution must be trustworthy, transparent, and empower all participants.

What is Tokoin?
Tokoin is a platform that establishes digital business identity and the reputation of MSMEs as an acceptable credibility assessment for suppliers and financial institutions.

Face the real market. Tokoin provides a platform to build valuable partnerships that will lead you to an attractive ecosystem consisting of collectable business profiles that are profitable for business expansion.

How does Tokoin work?

SHOP Buyer Token Flow starts based on the value that can be trusted from the data
Retailer input information: basic profile and product value request


  • Seller Data Sellers will be assessed to redeem appropriate discounts.
  • Manufacturers benefit from risky token actions.


Tokoin Ecosystem
This is a user who is involved in Tokoin business activities. UMKM as a data provider, sends transaction data activities through Tokoin dApp. Tokoin process and validate data into valuable assets. Partners can get data by risking the SHOP store.

Problems with high funding constraints
After the financial crisis, banks were hesitant to give loans to MSMEs. They adhere to the generally accepted stereotype that MSMEs do not have enough cash flow to make loan payments. Overall, financial affordability is still low in developing markets, because 70% of MSMEs still do not have access to financing opportunities. This is often explained by the fact that, as a relatively new or small company, most MSMEs do not have proper legal documentation, guarantees, and / or long-term credit history.

Difficulties in expansion
Most MSMEs do not produce enough to take advantage of economies of scale. They also have low order volumes, which means that they have little influence on suppliers and do not accept wholesale discounts. This results in higher production and transaction costs compared to large companies, and unlike companies where all departments are involved in procurement and finance, MSMEs have less resources to find the best suppliers or suitable financing. International expansion is also problematic.

Lack of business support
For MMZ, this problem means they feel trapped in a cycle of high costs, financial support, and intense competition. The essence of this cycle is the lack of trust on the part of institutions that must support the IHR to maintain and grow. Suppliers don't trust them, banks don't trust them, and, ultimately, customers don't trust them. What is missing is the ability of MSMEs to build a reputation that builds trust and opens various growth-enhancing services.

Through the blockchain network, you can verify data related to business transactions in the ecosystem. TOKOIN uses data recorded on the blockchain network as a valid indicator of business reputation. In other words, this reputation will be built on the customer's buying behavior in trading activities, and this information will be an important part of the customer's profile. With this approach, TOKOIN can turn accurate data records into valuable assets that can be used by MSMEs as leverage to offset lost loan requirements, such as reliability measures.



Digital Identification
Responding to the needs of people who are authoritative and tangible, Tokoin uses the digital sector as assistance and privileges. With digital business identifiers, MSME can record and track business processes in a digital ledger, while distributing the credit ratings they make to other partners in the Tokoin ecosystem. This is the decentralized nature of the blockchain, where there is no central power point that records data. Use of blockchain technology in business processes.

Digital Book
All transaction data from MSME business transactions as users will be stored in digital form and at the same time computerized records are called digital ledgers. Information from KYC to identify initial business profiles and more detailed information, such as cash flow, sales and income, and ordinary business purchases, are recorded as valuable assets. These assets will also be compiled and processed, and will be assessed according to the depth of information contained.

Service provider
To help MSMEs, Tokoin is also supported by partners who provide financial and business services, such as business loans and credit, insurance services, logistics, shipping and warehousing. As Tokoin users, MSMEs can choose business services based on their preferences and also development plans. For service providers, this means that they can work with MSMEs, get access to their data and get a general picture of their potential customers.

Token Details

  • Token Name: STORE
  • ICO Token Type: ERC-20
  • Token Supply: 2,000,000,000 STORES
  • Sales Tokens: 700,000,000 STORES (Supply 35% Tokens)
  • Hardcap: $ 25,000,000
  • Softcap: $ 8,000,000


Token Allocation

  • ICO Contributors - 35%
  • Industrial Funds - 40%
  • Treasury - 10%
  • Team & Initial Contributors - 10%
  • Adviser - 5%

Use of funds

  • Product Development - 50%
  • Marketing & BD - 35%
  • Operation - 10%
  • Reserve - 5%

Roadmap

Q4 2018
● Selling Tokoin Tokens through Personal Sales and Pre-Sales
● Development & distribution of Tokoin Wallet

Q1 2019
● Grand Launching Tokoin
● Selling Tokoin Tokens through crowd sales

Q2 2019
● Blockchain advisors on-board for the Tokoin ecosystem
● Launch of POC on TestNet

Q3 2019
● On-board Warehousing Partners for the Tokoin ecosystem
● On-board Financial Partner for the Tokoin ecosystem
● Expansion of local operations to 10 first-tier cities in Indonesia

Q4 2019
● Launch of the Data Reputation engine
● Launch of the Data Visualization platform
● Launch of the Partner Suite platform
● On the whiteboard of 50,000 users in the Tokoin ecosystem

Q1 2020
● Launching dApps on MainNet
● Launch of the Tokoin POS system
● Launch of the Data Exchange platform for the Token enhancement and loyalty program
● Expansion of local operations to all capital cities in Indonesia
● 10,000 users in the integrated Tokoin POS system

Q2 2020
● Launch of the Tokoin POS System
● Expansion of the hyper-local pilot operation to Thailand
● On-board 1000 users in the Tokoin ecosystem in regional hyper-local markets
● Development of AI Solutions for Tokoin to improve Operations

Q3 2020
● Expansion of hyper-local operations to Vietnam and the Philippines
● More than 500,000 users in the Tokoin ecosystem on the Indonesian market
● Expansion of local operations to the top 10 cities in Indonesia
● On the whiteboard of 50,000 users in the Tokoin ecosystem

Q4 2020
● Placement of AI as part of Business Intelligence Capability
● Introduction of the Forecast & Prediction platform to the Tokoin ecosystem

Q1 2021
● Integration of AI solutions for Financing and Logistics partners

Q2 2021
● Expansion of hyper-local operations to other potential emerging markets
● More than 10,000 users in the Tokoin hyper-local ecosystem

Conclusion
This transaction will reach the distribution of Tokoin highway ecosystem data. With Tokoin recording transactions, which involve all participants to ensure the reliability of tokens and tokens printing the blockchain security ecosystem. Each participant will depend on his hero for the benefit of their own needs. Partners access relevant data, and development and financing opportunities for downstream users because participants will benefit from business access. At this stage of the transaction, and a permanent record of Tokoin transaction information is provided. Accuracy is guaranteed because every transaction can be tracked and recorded by Bukegaibian. Tokoin as a distributed infrastructure of stored data. Enter your users increase the information of MSME users and their transaction data as posts, you can ensure that their credit profile. As an illustration, user data will be recognized as valuable assets. service provider partners accumulate tokens to get data to determine the credibility of their potential customers.

For more information-
Website: https://www.tokoin.io/
Telegram Chat: http://t.me/tokoinglobal
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial
Simple: https://medium.com/@tokoin
Instagram: https://www.instagram.com/tokoinofficial

Author: Mikdad1018
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2343017

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