Businesses especially MSME's are always looking for ways to advance their process and using technology to bring efficiency. Every business transaction consists of sets of data and in an e-commerce marketplace, these sets of data are stored centrally based on the marketplace platform. With Blockchain technology, it is now easier to distribute and also secure theso data. Adapting the data in a blockchain based platform, all the data information are accurately recorded using cryptography, and stored in blocks.
Tokoin operates as an infrastructure that stores data in a decentralised manner. Using Tokoin MSME can secure their reputation profile by inputing their profile and their transaction data properly. It is a platform aimed at promoting businesses of MSMEs especially in developing economies. As a new business in an emerging market, it could be really difficult to build trust and form partnership due to competition from large corporations. Tokoin is a platform that establishes digital business identity and reputation of MSME as an acceptable credibility scoring for suppliers and financial institutions.
Tokoin is aimed at helping small businesses to achieve their potential by leveraging data for the real market. Tokoin provide a platform to build valuable partnership which will bring you into the engaging ecosystem consists of collectible business profiles profitable for business expansion.
Partnerships are the best way to penetrate into any market as it is through collaborative efforts that rapid progress can be made. Tokoin's understanding of the local environment and global best practices has resulted in them establishing partners for maximum exposure.
Tokoin being based in Indonesia has partnered with Ralali in November 2018. Ralali is Indonesia's largest B2B marketplace which was founded in 2013. This partnership gives Tokoin access to the Ralali.com platform which currently connects vendors to MSMEs, bringing in 3.3 million unique visitors each month.
Being able to onboard users, a vast majority of whom are MSMEs onto the Tokoin platform will give them the opportunity to create a verifiable digital identity and reputation. This gives MSME's access to financial services, including credit facilities, enabling their growth through other companies that have partnered with Tokoin.
Tokoin has teamed up with TomoChain to deliver a secure data management solution, easier access to credit information and token issuance and integration. Tomochain is a scalable blockchain that can support thousands of transactions per second. This partnership agreement will lead to possible integration for Tokoin to build a scaleable blockchain infrastructure provided by Tomochain, trustworthy by transparency and auditability, and fast and easy token integration.
These partnerships is the next stage in Tokoin's strategy of providing data leveraging and tokenization solutions to micro, small, and medium enterprises in emerging markets. Through partnerships, Tokoin will offer MSMEs services such as scalable data storage and cross-chain transfers to facilitate compliance with credit scoring for loans. These partnerships stands to be of benefit to all parties involved.
Tokoin Website: https://tokoin.io
Telegram: http://t.me/tokoinglobal
Twitter: https://twitter.com/TokoinGlobal
Facebook: https://www.facebook.com/TokoinGlobal/
Medium: https://medium.com/@tokoin
Instagram: https://www.instagram.com/tokoinofficial
Linkedin: https://www.linkedin.com/company/tokoinofficial/
Author: Rosarymay
Profile Url: https://bitcointalk.org/index.php?action=profile;u=2430388
