TOKOIN: HOW TOKOIN HELPS THE MSMES BUSINESS!

in tokoin •  5 years ago  (edited)

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Hello there, Tokoin platform aims and focuses at enhancing the Micro small and medium enterprises (MSMEs) ecosystem. Tokoin seeks to revolutionize this entity of small enterprises by providing endable solutions to the problems with the ecosystem through the use of blockchain.
Tokoin seeks to accelerate the growth of the MSMEs in emerging markets towards providing growth opportunities by bringing business partnerships.

We cannot underestimate the roles played by the Msmes in every nations economy. Its has been clearly stated that the Micro small and medium enterprises have contributed in one way to the other in the economic development of any given state. For instance, in country such as Nigeria, MSMEs contributes upto 50% of the country while also providing employment for the country. MSMEs is the best tool for growth of any country or nation.

However, as benefiting and tantamount as the MSMEs seem, it isn't without issues weighing its smooth operations. The MSMEs is bedridden by some problems which has greatly hindered its smooth running operations. These problems are:

  1. Absence of adequate and timely banking finance.

  2. Lack of necessary technology to drive the smooth running operations of the MSMEs.

  3. Lack of skilled man power.

  4. Ineffective marketing due to limited resources.

  5. Unability to integrate into large-scale business relationships and partnerships due to lack of international standards and quality controls.

  6. Most of these MSMEs operate without any type of certification, which greatly reduces their prospects of developing backward linkages with large enterprises.

All these and many more are the prevailing problems hindering the smooth operations of the Msmes . With the intervention of the Tokoin platform, through its scalable solutions would help to accelerate the growth and the development of the Micro small and medium enterprises.

INTRODUCING TOKOIN

Tokoin is a blockchain based platform which seeks to accelerate and develop the MSMEs by establishing digital business identity, partnerships and reputation for the MSMEs. Tokoin seeks to revolutionize this entity of small enterprises by providing endable solutions to the problems with the ecosystem through the use of blockchain.
Tokoin also seeks to accelerate the growth of the MSMEs in emerging markets towards providing growth opportunities by bringing business partnerships.

On the Tokoin platform, their are 2 key players namely,:

  1. The Buyer
  2. The seller.
    These are the people involved with the activities on the Tokoin platform.

BENEFITS OF TOKOIN FOR THE MSMEs

Tokoin shall benefit the Micro small and medium enterprises in the following ways:

  1. The MSMEs shall benefit from Tokoin's digital identity building and reputation.
  2. Tokoin shall help the MSMEs to properly untilize their data towards creating more fund for the smooth running operations of the entity and partnerships.
  3. Also, MSMEs will benefit from Tokoin as it would help to process and validate every data into valuable assets. By so doing, potential Partners will get to acquire the data by staking TOKO tokens.

TOKOIN TOKEN (TOKO)

The native token name of Tokoin is TOKO. TOKO is an erc-20 supported token based on the ethereum platform. The TOKO is the major medium of exchange and transaction on the Tokoin platform. TOKO shall be used for transactions on exchanges between other cryptocurrencies. The price of TOKO is liable to increase in the near future just like other tokens. Tokoin is also currently traded on Kucoin exchange, one of the bigger exchanges on the space. More exchanges to be listed soon.

Conclusively, as a result of the prevailing issues of the MSMEs, Tokoin has step in to educate MSMEs market about the importance of correct data so that they can be trusted by large industrial owners to get better bargaining power, partnerships and improved growth.
Tokoin is indeed the change needed to accelerate the Micro small and medium enterprises. Why not join and explore this opportunity.

Website: https://www.tokoin.io

Telegram Chat: 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

Linkedin: https://www.linkedin.com/company/tokoinofficial/

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

You can now buy and sell TOKO token here: https://www.kucoin.com/trade/TOKO-USDT

Author: Modanalee

Botcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2491710;sa=summary

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