Title: Accelerating Micro,Small,and Medium Enterprises in Emerging On BlockChain Post by: sharadmaurya on June 21, 2019, 12:12:58 PM Tokoin
Accelerating Growth of Micro, Small, and Medium Enterprises in Emerging Markets On BlockChain WHAT IS TOKOIN? Helping small businesses to achieve their potential by leveraging data Face 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. Problem A recurring problem for new or existing MSME is that they lack the capital needed to boost productivity. Because many MSME are dependent on labor-intensive operations (and not capital-intensive), the limitations of labor-dependent production serve as an obstacle to their growth. Without the capital needed for business expansion, economies of scale may seem unattainable for small-scale businesses that are struggling to remain in the competitive market. This can and will negatively affect Indonesian economy that are dependent on these MSME. Solution Credibility That Opens Access to Funding. Scaling Up by Access to Expansion Opportunities Through blockchain network, data information involving business transactions can be verified in the ecosystem. TOKOIN utilizes data recorded in the blockchain network as a valid metric for business reputation. In other words, this reputation will be built on the client’s buying behavior in trading activities and this information will become an important part of the client’s profile. With this mindset, TOKOIN is able to transform accurate data record into a valuable asset that MSME can use as leverage to make up for their lacking lending requirements, such as credibility scoring. This will bring MSME as users gets access to the financial services leading to business growth. Leveraging Business Profile as Reputation. UseCases Usecase Lending activity Usecase Logistic services Usecase Property Developer services Usecase Group buying Medium https://medium.com/tokoin Website www.tokoin.io Blog blog.tokoin.io Telegram t.me/tokoinUpdates Twitter https://twitter.com/tokoinofficial Facebook facebook.com/tokoinofficial Instagram https://www.instagram.com/tokoinofficial Linkedin linkedin.com/company/tokoinofficial Blockchain Ethereum ICOCryptocurrency Crypto |