Continue Its Introduction, Tokoin Took in Participation on Binance Meet-up

Tokoin.io – Willing to support MSMEs to get easier access in accelerating their businesses, Tokoin conducts an agenda to introduce its platform to show-and-tell the world about the aspiration of Tokoin for the MSME in the global scale.

April 6, 2019 yesterday, Tokoin visiting Binance Jakarta Meet Up to gave a short seminar, sharing Tokoin’s aspiration of the MSME for a global scheme. To efficiently demonstrate the application of our business model, Tokoin is presented by Mutia Rachmi, Tokoin Project Manager.

The business concept that TOKOIN offers to the global public and audiences covers important global economic issues in the vastly developed era. TOKOIN target user and market, MSME, is one of the biggest economic driving forces in developing countries. For instance, MSME in Indonesia contributes 60.3% of revenues from Gross Domestic Product (GDP) and 97% of the national labor.

MSME is one of the significant sectors globally, with more than 400 millions existing businesses. currently, the majority of MSME operated in developing countries; TOKOIN presents to manifest solutions to ease the burden MSME have from the actual problems, by utilizing blockchain technology for data distribution and tokenization reward. The solutions from TOKOIN will be carried out properly with business partners from financial institutions who share the same vision to accelerate MSME development.

In reality, MSME businesses often find it difficult to accelerate their business. Lack of access to funding from financial institutions or insurance often hinders them from developing their business. They often get refusal when applying for a bank loan and other financial institutions. Banks who provides commercial loans prefer to allocate their resources to larger firms rather than MSMEs. According to banks, higher default risks, lack of financial transparency, and lack of assets for a mortgage are the major factors for not providing loans to SMEs.

Aim to support the industrial sector with the targeted utilization of its use-cases, Tokoin carries missions to help MSMEs who often find it difficult to grow their business. Tokoin brings together the convenient “meets the needs” between Tokoin’s users and partners (financial institutions, insurance, property business, etc).

Due to this, Tokoin aims to solve the problem by offering a platform that provides easy access for MSME to accelerate. As a platform that leveraging blockchain technology to establish Valid identity and reputation of MSMEs.

As a platform that leveraging blockchain technology to establish Valid identity and reputation of MSMEs, Tokoin implements digital identity and digital ledger to build MSMEs credit scoring services, to increase MSME’s economic scale. This will become a solution that allowing TOKOIN users to build a trust-able profile with security for all stakeholders in the ecosystem.

For further information, do not hesitate to contact us on;
Website: https://www.tokoin.io/
Facebook: http://bit.ly/TOKOIN
Twitter: http://bit.ly/TOKOINID
Instagram: http://bit.ly/TOKOINIG
Youtube: http://bit.ly/TOKOINSMSE
Telegram Announcement Channel: https://t.me/tokoinupdates


Tokoin Global Roadshow – Korean Meet Up

Tokoin.io – Technology brings the industry closer to its market. The utilization of technology helps the industry players to thrive better than the previous industrial revolution. Within this technological implementation to industry, there are more benefits that can be offered by the industry itself. One of them is the implementation of the blockchain.

In Tokoin, blockchain is utilized to assist the MSMEs sector to get easier access to thrive. Tokoin using Blockchain to serve the MSME sector for having proper digital records to grant access to business solutions such as funding from banks and other financial institutions. Tokoin supports MSME in building their credit scoring and business profile to help them gain a reputation.

Tokoin visited Korea as the continuity of Tokoin’s Roadshow. Tokoin was presented by Reiner Rahardja, the CEO and Co-Founder of Tokoin and Gunhee Lee, the Advisor of Tokoin.

To introduce the platform, we conduct several series of roadshows, visiting some countries with a huge growing economic potential. We have visited Indonesia, Hong Kong, Singapore, Vietnam, Dubai, and Korea”, said Reiner Rahardja.

He stated that the reason Tokoin chose MSME and emerging countries as the target market:

MSME is one of the biggest economic driving forces in the emerging market. For instance, Indonesian MSME contributes 60.3% of revenues from Gross Domestic Product (GDP) and 97% of the national labor”.

With the massive amount of businesses, MSME has become a significant sector that contributes to the developing countries GDP. However, their excellent number of contribution could not help them to transcend the problems that have been shadowing them all this time.

On this global emerging market, MSMEs hold an important role in accelerating the nation’s economy with more than 400 millions existing businesses. Tokoin presents to manifest solutions to ease the burdens of the MSMEs from the actual problems they face.

By utilizing blockchain technology, they can actually provide proper transaction records and built their credibility status to access many business solutions. By that, they will be able to put a monetization scheme of tokenization reward from those valuable data they stored on Tokoin platform. This activity will be carried out properly with business partners from financial institutions who share the same vision to accelerate MSME development.

On this event, Tokoin not only sharing a vision to accelerating the MSME, but also conveys the project purpose to global audiences from all over the globe including blockchain enthusiasts, practitioners, executives, and prospective investors as well. Moving toward the Public Sale phase, participating in this event is also a strategic way to draw attention and spreading the presence of TOKOIN to the public.

For further information, do not hesitate to contact us on;

Website: https://www.tokoin.io/

Facebook: http://bit.ly/TOKOIN

Twitter: http://bit.ly/TOKOINID

Instagram: http://bit.ly/TOKOINIG

Youtube: http://bit.ly/TOKOINSMSE

Telegram Announcement Channel: https://t.me/tokoinupdates

Tokoin in Dubai Blockchain Summit 2019, The Most Influential Blockchain Summit of This Era

Hosted by Smart Dubai in partnership with the Dubai World Trade Centre, Future Blockchain Summit unlocks many opportunities in an exponential speed of industry through global partnership, demonstrate real-world blockchain use cases for business and daily life, featuring a real-life interactive blockchain experience.

Took place in 2nd and 3rd of April 2019, Future Blockchain Summit will host the region’s largest gathering of blockchain experts, implementing blockchain to lift the veil on the technology, focusing on the countless ways that it is altering industries and delivering multi-billion dollar opportunities for the international blockchain industry, which is expected to grow to be worth US$20 billion by 2024.

Attending this event, Tokoin aims to build a partnership throughout the global scale to show-and-tell the world about the aspiration of Tokoin for the MSME in the global scheme. To efficiently demonstrate the application of our business model, Tokoin also presents in the panel discussion themed “Strategy and Branding of Building A Successful Blockchain Company in Asia” to communicating the SME’s Landscape on Emerging Market.

On this event, Tokoin introducing its platform through a panel discussion. Addressing the hot topic of economic problems with a technological approach to the solution, Tokoin would like to convey the project purpose to global audiences from all over the globe, including blockchain enthusiasts, practitioners and executives and also, prospective investors. Moving towards the Public Sale phase, participating in this event is also a strategic way to draw attention and spreading the presence of Tokoin to the public.

The Future Blockchain Summit is the world’s most influential gathering of blockchain adoption and opportunities and a meeting ground for industry leaders, government and tech startups with over 10,000 visitors, and hosting speakers from world-renowned brands. Officially hosted by Smart Dubai, the government entity responsible for seamlessly connected services in Dubai, and organized by Dubai World Trade Centre it covers blockchain adoption across all sectors including retail & e-commerce, healthcare, transportation, education, creative economy, hospitality & tourism, energy, Fintech & banking and more.

Providing Credibility Record, Tokoin helps Vietnam’s MSMEs to Embrace Financial Inclusion

Tokoin on Vietnam’s Roadshow

Tokoin.io – Targeting the global MSMEs sectors, Tokoin conduct a roadshow activity to several countries, one of them is Vietnam as the third country to visit. After Hong Kong and Singapore, Tokoin introduction in Vietnam also having a warm welcome.

Vietnam roadshows were held in a panel discussion and talk show format presented by two speakers from Tokoin and two guests from Vietnamese industry players.

To introduce itself, Tokoin is represented by Reiner Bonifasius Rahardja as the CEO of Tokoin, and Gun Hee Lee and Michael Park from Blockcrafters Capital, the Tokoin’s advisor.

“As a blockchain platform, Tokoin will provide the MSMEs with the digital business ID and digital ledger to record every transaction carried out by the MSMEs through its platform,” Reiner said.

Having a similar business culture as Indonesia, Vietnam industry sector also being supported with the MSMEs as it’s driving force. As one of the developing country in Asia, Vietnam has attained remarkable economic growth and sustainability. In line with the country’s economic development, Small and Medium-sized Enterprises has also experienced phenomenal growth.

Small and medium-sized enterprises play a major role in Vietnam, as the country’s economic driving force, Vietnam’s SME accounting for 98 per cent of all enterprises, 40% of GDP, and 50% of employment. The number of SMEs itself has grown by around 100,000.

However, despite having this phenomenal achievement, Vietnam’s SMEs remain weak in terms of access to many business solutions, such as funding and insurance.

Credit access becoming the major concern for Vietnam’s MSMEs. Banks providing commercial loans prefer to allocate their resources to larger firms rather than MSMEs. According to banks, higher default risks, lack of financial transparency, and lack of assets for a mortgage are the major factors for not providing loans to SMEs.

As a person who has been involved in the MSMEs worlds before, Reiner really understands how difficult for MSMEs in accelerating its business. “There are more than 400 Million MSME in the developing country, acquiring more than 90% of the world’s businesses. For so long, MSMEs had difficulty accessing business assistance from various financial institutions. They are constrained by the requirements for the credibility of the business. And it’s happened because they can’t provide a complete record of financial transaction”.

Tokoin is able to assist Vietnamese MSMEs industry sectors to build their credible credit scoring by recording every MSMEs transaction using blockchain technology.

“By combining digital identity and digital ledger, Tokoin able to help MSMEs with a credit scoring services. With this proper technology implementation, Tokoin facilitate the MSME to record every transaction as a set of data that can be used as their financial transparency. This technology provides MSMEs with valuable assets that helping them to embrace economic inclusion.” Michael Park added.

For further information and updates, do not hesitate to contact us on;
Website: https://www.tokoin.io/
Facebook: http://bit.ly/TOKOIN
Twitter: http://bit.ly/TOKOINID
Instagram: http://bit.ly/TOKOINIG
Youtube: http://bit.ly/TOKOINSMSE
Telegram Announcement Channel: https://t.me/tokoinupdates

Visiting Singapore, Tokoin Meets the Needs of Singapore’s SMEs Sectors

Tokoin.io – As one of the leading economies for the global market, especially in Asia, Singapore industries are also driven by the small and medium-sized enterprises. The rising and powerful Singapore’s economy accounted for 2.1% of unemployment and per capita GDP of nearly S$53.000, this remarkable economic growth powered by the small and medium-sized enterprises, which make up to 99% of all enterprises and an employment rate of 65% of all workers in Singapore.

During Tokoin’s March roadshow, Singapore was chosen to be the continuity of 2019 Tokoin’s global roadshow. After Hong Kong, Tokoin met Singapore’s industrial community to introduce Tokoin project. Tokoin held the meet up with the Singapore’s business leader and took part on the Money20/20 Asia.

To be the center of attention, Asia become the region where blockchain and business growth flourished. As of the industry and blockchain both meets the needs of each other, many sectors in emerging countries implement blockchain as it’s groundworks of its platform. One of them is the Singapore’s business sectors.

Singapore’s meet up

Singapore who also be driven by the SMEs sectors are positively welcome the introduction of Tokoin.

Eddy Ng, Tokoin’s Head of Business Development take the role as Tokoin’s representative in Singapore’s roadshow said that, “we believe, Tokoin could assist Singapore’s SMEs sector with our business model”.

He also explain in regards of Tokoin’s products and use cases which are suitable for SMEs to embrace themselves to financial inclusion.

“We provide SMEs the digital business id and digital ledger. This technology will assist Tokoin’s user to record their transactional data as their credit score to access many business solutions, such as; funding, insurance, property credit”.

Introducing the business model and the big picture of Tokoin business ecosystem, this event received a very positive response from the public, accounted for about 80’s attendees with the field concentration of business expertise, blockchain industry expertise, bankers, and the SMEs representatives itself.

Not only the exclusive meetup, Tokoin also took part on the Money20/20 Asia. Attended to this event, Tokoin meet and build networking agenda with various industry players from many countries.

Tokoin Visit Vietnam as the Third Country on Global Roadshow

Tokoin.io – Willing to support MSMEs to get the easier access to accelerate their businesses, Tokoin conducts roadshows to several cities and countries which have an emerging market characteristics throughout Asia. After Indonesia, Hong Kong, and Singapore, today Tokoin’s team visit Vietnam.

As one of the developing country in Asia, Vietnam has attained remarkable economic growth and sustainability. In line with the country’s economic development, the Small and Medium-sized Enterprises has also experienced phenomenal growth.

Small and medium-sized enterprises play a major role in Vietnam, as the country’s economic driving force, Vietnam’s SME accounting for 98 percent of all enterprises, 40 percent of GDP, and 50 percent of employment. The number of SMEs itself has grown by around 100,000 in 2016.

However, despite having this phenomenal achievement, Vietnam’s SMEs remain weak in terms of internal and external networking, competitiveness, innovativeness, human resource, and readiness to globalization.

Apart from the SMEs low starting points, these shortcomings and weaknesses have been largely due to the prolonged discrimination against private sector access to capital or credit and land, lack of a pro-private and competitive business environment, and poor quality of human resource and business support development services.

SMEs continue to face problems such as access to finance, market access, and competition with foreign firms.

Like the common problems which MSMEs face in many countries, credit access is a major concern for the Vietnamese SMEs. Banks providing commercial loans prefer to allocate their resources to larger firms rather than SMEs. According to banks, higher default risks, lack of financial transparency, and lack of assets for a mortgage are the major factors for not providing loans to SMEs.

The other is the market access and supply chain problems. As of 2017, only 21 percent of Vietnamese SMEs are linked with global supply chains, much lower than 30 percent and 46 percent in Thailand and Malaysia respectively. Integrating further with global supply chains in terms of procurement, operations, and sales will allow firms to manage competition, reduce risks, and reduce production costs, which currently is 20 percent higher than those of neighboring countries, such as Thailand and China.

Those problems made SMEs even harder to compete with larger firms; Most of it doesn`t even manage to survive during their first five years.

Due to this, Tokoin aims to solve the problem by offering a platform that provides easy access for MSME to accelerate. As a platform that leveraging blockchain technology to establish Valid identity and reputation of MSMEs.

Tokoin’s blockchain platform record every transaction as a set of data that can be used as their financial transparency. This will become a solution that allowing Tokoin users to build a trust-able profile with security for all stakeholders in the ecosystem.

Our approach is by combining digital identity and digital ledger to build credit scoring services. With this proper technological implementation, we facilitate the MSMEs to record every transaction as a set of data that can be used as they financial transparency.

The idea is to bring prosperity to MSMEs. On this modern business ecosystem, Tokoin allows the MSMEs on having the financial records as similar as with the bank. Every transaction that is initiated through Tokoin’s platform is accurately recorded with timestamps.

To further information, do not hesitate to contact us on;
Website: https://www.tokoin.io/
Facebook: http://bit.ly/TOKOIN
Twitter: http://bit.ly/TOKOINID
Instagram: http://bit.ly/TOKOINIG
Youtube: http://bit.ly/TOKOINSMSE
Telegram Announcement Channel: https://t.me/tokoinupdates

Next Stop, Tokoin Visit Singapore on Global Roadshow

Tokoin.io – After Hong Kong industrial sectors, Tokoin’s global roadshow meet its second checkpoint at Singapore. Becoming the major financial hub in Asia Pacific region, Singapore has a long earned reputation as one of the world’s most advanced economies.

In 2017, Singapore was ranked as the world’s second most open economy by the Heritage Foundation’s Index Economic Freedom. as well as the world’s second most pro-business regime by the World Bank’s Doing Business report. Today, Singapore economy is one of the most stable in the world, high government revenue and a consistently positive surplus.

To be said the most stable in the world, Singapore largest industry who drive its economy by far is the manufacturing sector.

Close to the Singapore’s manufacturing industry, it’s the financial industry services industry that are also making a significant contributions to the country’s economy. Becomes the second largest industry of Singapore, financial services industry grow comfortably due to Singapore’s pro-business environment and political stability.

Besides it’s two economic pillars, Singapore also mainly driven by tourism, exports industry, and the world’s busiest cargo seaport.

However, Singapore’s strong economic environment which are led by the big entreprises leave a hidden issue. Tougher competition who killed small businesses’ growth. Although SMEs become one of the Singapore’s economic driving force, conquering the market is another thing.

With so many SMEs on the rise and so many competitors for a particular industry, everybody wants a slice of the pie of the economy. This has made it hard for an SME to be successful in conquering the Singaporean market. Expanding the market become even harder to accomplish.

Shortage to funds, slow economic growth, high property rental, Increased production cost, Banking/credit access, and adapting and utilising technology.

Tokoin tend to breakdown the challenge need to face by the small industries. Becoming the bridges for the SMEs in accessing financial services Tokoin aims to help SME to accelerate their business.

Most SMEs lacks the access to funding that allows them to expansion opportunities. According to a study from the World Bank, there are around 200–245 million of SMEs from the formal and informal sector that couldn’t earn business loan.

Within the convenience access to business loan, problems that strains SMEs to grow, such as mentioned above will meets its ‘goodbye’. By utilizing Tokoin’s blockchain technology infrastructure to make a structured, compiled record of their data as a valuable asset.

In Tokoin, information from SME will be validated as the asset who contained values. Asset valuation become the solution for SME to access the bank or credit solutions as the form of credit scoring.

To further information, do not hesitate to contact us on;
Website: https://www.tokoin.io/
Facebook: http://bit.ly/TOKOIN
Twitter: http://bit.ly/TOKOINID
Instagram: http://bit.ly/TOKOINIG
Youtube: http://bit.ly/TOKOINSMSE
Telegram Announcement Channel: https://t.me/tokoinupdates

Tokoin to Support the MSME’s Acceleration of Hong Kong Trading and Tourism Industry

Tokoin.io visiting Hong Kong as our first global roadshow to introduce Tokoin Platform. Hong Kong as one of the world’s leading international financial centres, Hong Kong’s service-oriented economy is characterized by its low taxation, almost free port trade and well established international financial market.

Hong Kong global trading flourished as they supported with the convenient supply chain industry, the shipping and logistics type of business. The fact was proven by the late 20th century, Hong Kong was the seventh largest port in the world and second only to New York and Rotterdam in terms of container throughput.

Not only well known for its trading industry Hong Kong also popular for its tourism industry. The tourism industry is one of the major pillars of the economy of Hong Kong.

In 2016, it contributed to around 5% of Hong Kong’s GDP and employed around 258.900 persons, accounting for about 7% of total employment. In 2017, total visitor arrivals rebounded by 3.2% over 2016 to 58.5 million, of which overnight arrivals rose by 5.0%. The Mainland continued to be the largest source market of Hong Kong, accounting for around 76% of our visitors. The total number of visitors rose further by 9.6% in the first quarter of 2018 over the same period in 2017, mainly bolstered by a 12.6% growth in Mainland arrivals.

Tokoin aims to support the industrial sector with the targeted utilization of its use-cases. As for Hong Kong, the logistics and property use-cases. The MSMEs who often find, it is difficult to grow the business because of the difficulty of expanding by opening a new branch, or for the business people who have the needs for convenient access to their supply chain business needs.

Tokoin can bring together for a convenient “meets the needs” between users and partners. As for the easy access to growing business through expansion, we can help you to generate the credibility of a valuable data record as your collateral.

As a platform that leveraging blockchain technology to establish Valid identity and reputation of MSMEs. We offer a solution that allowing TOKOIN users to build a trust-able profile with security for all stakeholders in the ecosystem.

In the world of MSMEs, there is one complex question that can`t be solved by the current system. Because of the needs of the transaction data capture, causing a roadblock in the MSMEs system itself. By leveraging Blockchain that emphasizing the decentralized capability to incentivize users who contribute to the network, by providing correct data is where TOKOIN roles play.

The replication multitude of transactions could be made within minutes and yet guarantee. Data integrity needed by the MSMEs. So they could leverage their business in a sustainable way.

By using blockchain it also means TOKOIN implement encryption that enables the system to transact faster but also secure.

Tokoin carries missions to help MSMEs to; built a trusted profile with integrity, providing virtual ledger for each users transaction, lower financial inclusion barriers, and increasing economic capability of the whole MSMEs ecosystem.

Website https://www.tokoin.io/

Facebook http://bit.ly/TOKOIN

Twitter http://bit.ly/TOKOINID

Instagram http://bit.ly/TOKOINIG

Youtube http://bit.ly/TOKOINSMSE

Telegram Announcement Channel https://t.me/tokoinupdates

The 4th Industrial Revolution from the Perspective of Business Model


The participants of BlockClinic 1.0 took a picture together with speakers Mutia Rachmi and Peter Wijaya. This event was initiated by BlockLab ID and powered by Tokoin.

Having a community to share knowledge and insights about the blockchain world surely bring a valuable network, therefore we came up with an idea to gather all the blockchain enthusiasts in our event; the BlockClinic 1.0, to encourage all the participants in thinking critically and grasp the insights of the crypto world. This bi-weekly event is hosted and organised by our community program, BlockLab Indonesia. In our events, we bring together business professionals, blockchain enthusiasts, academia and those who are interested to enter the world of blockchain through learning together.

We intend to cover a broad impact that the blockchain technology brings to every aspect in our life. That is why, we chose The Fourth Industrial Revolution as a perspective to introduce about blockchain in BlockClinic 1.0. Delivering the topic, Tokoin invited the speakers:

  • Host: Singgih Akbar Prakoso — Community Manager BlockLab ID
  • Peter Wijaya — Business Partner of Ralali.com
  • Mutia Rachmi — Business Developer of NEM

Located in the Ralali.com’s office in West Jakarta, about 50 participants ranging of business executives, entrepreneurs in various fields, academia and journalists joined in in our meetup which consists a brief presentation from each of the speakers, Q&A, discussion and networking session. We want to create a community and aspire the people to deepen their knowledge about blockchain and widen their network.

The Fourth Industrial Revolution

Being aware that the industry is continuously improving, the world is now facing the revolution of industry 4.0. In this phase, industrial and business process is highly affected by technology such as Artificial Intelligence, Internet of Things, and blockchain. This will bring consequences to the business model in terms of efficiency of production and manpower. To get involved in the digital ecosystem, let alone the blockchain ecosystem, businesses need to adapt to a new form of technology.

In this case, business models are also changing. Peter Wijaya, one of our partner from Indonesia’s B2B marketplace, sees the sharing economy which can be powered with the blockchain technology to guarantee the transparency and security as an effective solution.

Mutia Rachmi, NEM’s Business Developer, invited three participants in the interactive illustration.

Understanding the blockchain network, Mutia Rachmi, the Business Developer of NEM presented an interactive illustration. To understand how blockchain works, firstly one can understand characteristics of blockchain, the peer-to-peer network. So the illustration goes as, if one peer put one data, it will be distributed to another peers. One peer modify the data, the change will leave traces and it will affect the other data that is being distributed on the network. This immutable characteristic makes the blockchain network is incorruptible and unhackable.

The technology of blockchain that can be implemented in a business model, requires a friendly interface for the user to access. Mutia Rachmi stated that the blockchain can solve problems and provide effectivity in business processes, such as trust, transparent records preventing fraud, cost reduction, quicker transaction which all are secured with encryption.

To answer the challenge of the Industrial Revolution 4.0, businesses must willing to invest their time in learning as well as knowledge and skill development. Tokoin and BlockLab Indonesia is providing a convenient place to get deeper understanding of many aspects in the blockchain field, which we will present in our upcoming bi-weekly event.

To further information, do not hesitate to contact us on;
Website: https://www.tokoin.io/
Facebook: http://bit.ly/TOKOIN
Twitter: http://bit.ly/TOKOINID
Instagram: http://bit.ly/TOKOINIG
Youtube: http://bit.ly/TOKOINSMSE
Telegram Announcement Channel: https://t.me/tokoinupdates