Trade Financing Platform for Accelerating Growth of Micro, Small and Medium Enterprises in Emerging Markets
A few weeks ago,Tokoin participated in a workshop aimed at accelerating the growth of Micro, Small and Medium Enterprises (MSME), organized by the Indonesian Ministry of Trade. The event was held in Malang, on the 19th and 20th of June, 2019.
Continue reading “Supported by the Government, Tokoin Gave Workshops to the MSMEs in Malang”
The latest edition of the World Blockchain Forum (WBF) was held in Marina Bay Sands, Singapore, on the 22nd and 23rd of June. Having been previously organized in London, Singapore, Jeju (South Korea), New York and Shenzhen, the 6th version of WBF made a return to Singapore. This year’s WBF was co-hosted by World Blockchain Award (WBA) and World Blockchain Media Alliance (WBMA), and supported by the USA-China General Chamber of Commerce. The event was attended by government representatives, blockchain projects and fin-tech startups, along with regular blockchain enthusiasts and investors.
Continue reading “Tokoin was Invited to the World Blockchain Forum in Singapore”
Tokoin.io – For 2019, Asia has been acclaimed as the center of innovation for blockchain and crypto. This is indicated by the growing number of blockchain projects in Asian countries, such as Korea, Singapore, and China, making the region a hotbed of blockchain innovation and adoption.
To expand outreach in the international market, Tokoin visited various countries following the Global Roadshow agenda to introduce itself and establish networks in the wider blockchain industrial ecosystem.
The first visit was to Hong Kong, in which Tokoin’s team held an exclusive meet-up and took part in the 2019 Asia Crypto Week. In the Token 2049 event, Tokoin built its presence and built networks with industry players from overseas countries.
Tokoin’s exclusive meet-up was attended by around 40 people who are major blockchain industry players, including Ian Sullivan, a blockchain expert and start-up advisor, as well as c-level audiences and the representatives from CryptoFund.
Tony Tan from the New Century Global Center and the Token 2049’s sponsor remarked, “Tokoin has a very good business model and an ecosystem that is also very potential to develop. China also has a similar project, but in Indonesia, with a prediction of the business climate, the Tokoin project can develop more profitably.”
Aiming to support the industrial sector with targeted utilization of its use cases, Tokoin carries the mission to help MSMEs which often find it difficult to grow their business. Tokoin brings together the convenient ‘meet-the-needs’ concept between Tokoin’s users and its partners. It serves as a platform which optimizes blockchain technology to establish a valid identity for and reputation of MSMEs.
By using blockchain, Tokoin implements encryption that enables the system to process transactions faster but also in a more secure manner. It offers solutions that allow MSMEs to build a reliable profile as a reputable credit scoring with guaranteed security to access business solutions, such as funding, property credit, and business insurance.
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Tokoin.io – Aiming to support MSMEs to get easier access in order to accelerate their businesses, Tokoin conducts roadshows to several cities and countries which have the characteristics of an emerging market throughout Asia. After Indonesia, Hong Kong, and Singapore, today Tokoin’s team visited Vietnam.
Continue reading “Tokoin Visit Vietnam as the Third Country on Global Roadshow”
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.
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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.
Continue reading “The 4th Industrial Revolution from the Perspective of Business Model”
