Collaborating With PasarPolis, Tokoin Provides Convenient Access to Insurance

Tokoin.io – Public awareness of insurance has been quite high. Since its introduction, many people have been interested in insuring their possession. In the current market, the best-selling insurance product is life insurance, but there are also many products available in the insurance industry, such as property and business insurance.

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Next Stop: Tokoin Visits Singapore in the Global Roadshow

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

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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/

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

Solving the Inconvenient Access to Credit of MSMEs

“SMEs are less likely to be able to obtain bank loans than large firms; instead, they rely on internal funds, or cash from friends and family, to launch and initially run their enterprises” Worldbank.

According to the global record, Formal SMEs contribute up to 60% of total employment and up to 40% of national income (GDP) in emerging economies. The number got even higher when micro and informal SMEs are included. However, access to finance often constraint MSME’s growth. Within the absence from access to capital, many MSMEs find it difficult to grow, not infrequently comes to stagnation, or even languish.

To be compared with large firms, SMEs are less likely able to obtain bank loans. This is when we talk about formal SMEs, what about the informal? The financing gap is even larger when micro and informal enterprises are taken into account. The number increases to 70% of the micro, small and medium-sized enterprises (MSMEs) in emerging markets still lack access to credit.

Financial institution as bank or insurance, require credit scoring or credibility status to whoever who wants to apply a credit proposal. Though MSMEs has a massive contribution to the emerging market, the absence of credit scoring and lack of credibility status makes them very hard to obtain future financial institution’s fund.

What we do

A key area of the Tokoin work is to accelerate MSME’s through convenient access to finance and find innovative solutions to unlock sources of capital.

Our approach is by enabling the blockchain technology on our platform, combining digital identity and digital ledger to build MSMEs credit scoring services, to increase MSME’s economic scale. This technology has a similar function as the bank account for its transactional recording. However, the blockchain gave their user authority to themselves. Each user are liberated to share assets to whoever they trust, directly.

With this proper technological implementation, we facilitate the MSME sector to embrace economic inclusion.

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.

By thus, Tokoin facilitates MSMEs to have a better record of financial transactions, as a form of credit history to build the credibility status of their business. The transaction history of the MSME initiation is a guarantee of business feasibility to access various business solutions.

The Role of Data in Business

Tokoin.io – Data can represent everything. Information, numbers, facts, instructions that are helpful to understand an object or an entity that exist within an environment. In a business environment, data means any information related from the production to the consumption process that acts as archives or records, beneficial to the significant future action to achieve better business result, be it the efficiency for productivity or to obtain better revenue. There is a valuable thing that can be figured out from a set of data.

According to the World Economic Forum,

To operate effectively and efficiently, economies need reliable, continuous, and affordable access to data.

The existence of data can drive a company’s decision and concerns regarding to planning and marketing. With the right set of data, companies can determine to channel their products promotion to their target audience. This action will lead to cost efficiency in marketing strategy. By targeting the exact market that is highly likely to consume the products offered, companies are able to promote directly and the conversion rate of the marketing channel are more likely to increase.

Relevant data allows companies to discover market needs. Setting the data to the most specific way is one way to understand the market. Use case that is closest to be applied to market the products is the product dispersion based on the geographic level. From one city to another, the company can measure the acceptance of their products. By driving their product distribution to the highest receptivity, companies can expect higher revenue and income. Therefore, companies can also expect lower excess products that are stuck in stores and retailers.

Every company in general, has the budget allocation for marketing and promotion. With this budget, companies will test the market in terms of product receptivity by the conversion measured from the marketing strategy. But, the downside of this method, the audience is unknown. If only the companies have the insights in advance about their market, they can allocate their budget to the right market for better targeting which leads to better conversion and revenue.

These use cases are applicable to the marketing allocation of the brand companies and manufacturers. Answering all the needs, the role of data in business is better targeting, so the companies are allowed to channel their marketing cost and expect better result of conversion and revenue in return.

Now the question is, how to acquire the data, and what kind of data that are best to to give the desirable result? The answer is, listing of business profiles. Specific business profile covers business sectors, location and value demand from a particular range of time. This specialized set of data are possible to obtain from business transactions. To make the purpose of data collection and pooling is possible, Tokoin engages to the transaction of business existing in any online trading ecosystem.

Tokoin works by accumulating the business profiles that are registered and validated in the Tokoin platform. Therefore, companies can be assured that the data compiled are accurate, as the data providers are the participant of the ecosystem. In the ecosystem of data in Tokoin, companies are allowed to receive demand from their actual buyers. The transaction history that are done within the Tokoin platform are also recorded to provide such market overview that are beneficial to gain insights about product demands from their buyers.

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


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 develop a valuable network. Therefore, we came up with an idea to gather all blockchain enthusiasts in our event, the BlockClinic 1.0, to encourage all participants to think critically and get insights about the crypto world. This bi-weekly event is hosted and organized by our community program, BlockLab Indonesia. In our events, we bring together business professionals, blockchain enthusiasts, academics, and those who are interested in entering the world of blockchain by learning together.

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The Path to MSMEs’ Transformation

Tokoin.io – Technology is a tool for SMEs to seize bigger opportunities to accelerate their business. The blockchain is a technology that can assist business transformation. To fully embrace the technology-driven transformation, businesses must be willing to learn and adapt to this change and keep with the revolutionary process. In the blockchain network, a business ecosystem will be built based on decentralized governance principles to ensure that all of the business participants will engage in a secure, efficient, and transparent business process.

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How Tokoin Helps Buyers Keep Businesses in Shape

As a coffee shop owner, almost every month, Deni needs to spend some money on product needs and various invoice payments to be his coffee shop’s working capital. This working capital is in cash, being a liquid asset, used to finance the day-to-day operations of the company. By having accurate information about working capital, one can plan and manage business properly, as well as facing less confusion when about to make any investment decisions.

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This is How Blockchain Accelerates the B2B Ecosystem


Tokoin.io – In the business world, the availability of market overview data could be a game-changer for entrepreneurs, especially sellers (brand companies). The data could be anything related to the market overview, including buyers’ behavior.

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Interrelationship in a Healthy B2B Ecosystem

Tokoin.io – To support smooth flows in a business model, a proper ecosystem is needed. Related to this, a B2B ecosystem constitutes an order of arrangement to convey the experience of distributing values from one participant to another. Each participant holds a determining role in order to keep the ecosystem fruitful to every business involved.

Iansiti and Levien (2004) compared a business ecosystem to a biological ecosystem and maintained that:

“…a biological ecosystem provides a powerful analogy for understanding a business network. And like business network participants, biological species in ecosystems share their fate with each other. If the ecosystem is healthy, individual species thrive. If the ecosystem is unhealthy, individual species suffer deeply. And as with business ecosystems, reversals in overall ecosystem health can happen very quickly.”

(Iansiti & Levien 2004, 8–9)

Analogous to a biological ecosystem, a B2B ecosystem works by involving two-way interactions between all participants in an environment in favor of mutual growth and evolution of populations in the forms of commensalism, competition, and mutualism. The concept of a healthy ecosystem is outlined by the contribution of every main organism involved. The roles of the organisms as the main partakers can be seen as a supply chain from one end to another. Manufacturers as producers in the upstream provide their goods to resellers in the downstream without any destabilizing interruption in pricing and market overview. By excluding sales intermediaries and individual buyers, the supply chain goes directly from upstream to downstream through efficient data distribution and a precise targeting on a methodical platform.

The interaction forms a mutual relationship since the resellers, as business buyers, need the lowest prices possible and manufacturers desire to know the actual market situations prior to product innovation and development. The mutual needs can be fulfilled in a well-ordered manner of data provision. The adaptation of blockchain technology in a B2B ecosystem is seen as an applicable solution to disrupt the traditional supply chain which typically includes layers of intermediaries. Resellers can quote directly to the producers to get the lowest prices, simultaneously generating real-time and actual data pertaining to the market overview producers.

Implementing the above system on a marketplace, Tokoin provides the shortest way for business participants to connect without layers of intermediaries. In order to build an ecosystem consisting of valuable assets, Tokoin is developing a blockchain-powered platform to equip every participant with security in every transaction and a more trustworthy relationship, resulting in a valuable partnership between partakers.

The blockchain platform enables data exchange in a decentralized manner. There is no central entity collecting data. Instead, data will be securely and immutably stored, eliminating any kind of data abuse and manipulation, as well as creating an ecosystem of organisms that are linked together in a mutual way. Concurrently, new generations of business customers are conditioned to emerge on the platform.

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