TOKOIN: THE HIGHLY VALUABLE AND EFFICIENT PLATFORM

aaaxpress (33)in #crypto • 5 years ago

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Ideas which when acts on leads to Innovations which are shaping this world on a daily basis. These Innovations comes in varying types and have in one way or the other contributes positively to millions of lives. To prove this, let's take a technology like a blockchain technology as an example; before now, the only way to transfer funds from one person to another is only through the banks which are of course filled with all manners of restrictions not forgetting the fees associated. But with the advent of blockchain, one only needs to send the equivalent in any desire cryptocurrency and the other party receives it in a matter of minutes with as little fee as possible.

Also, another opportunity made possible by blockchain comes in the form of decentralization; this feature keeps blockchain apart from other existing centralized systems. This is because in other centralized systems, with data being saved on a central server makes the system in question prone to cyber attacks, data breaches etc. On the other hand, with a feature like decentralization in a blockchain platform, users are assured of their data; I can go on and on about the possibilities with blockchain because they are too numerous to mention.
Thus having this in mind about blockchain led to the creation of a platform known as Tokoin. Tokoin is based on blockchain thus having what it takes to contribute to the affairs of humanity but in this case in the MSMEs systems or ecosystem.

With this about Tokoin, that is to say, there are issues within MSMEs which when solved will make Tokoin valuable and one of such issues is lack of available data needed for an effective way of running the businesses within. Another is lack of access to funding which is caused by no service providers or users trusting MSMEs. On the other hand too, is current MSMEs systems or businesses lacks credibility.

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THE SOLUTION BROUGHT BY TOKOIN WHICH MAKES IT VALUABLE

The first step taken by Tokoin was to leverage blockchain thereby being totally decentralized. With Tokoin being decentralized that means all users data such as transactions, buying behaviours etc are safeguarded.
Since one of the issues present in current MSMEs is lack of available data, Tokoin leveraged blockchain to collect all data which exists, then process it into a Digital Business ID which MSMEs can utilize thus having a reputation.
Also, recalling that one of the reasons why services providers, as well as customers or users, don't trust MSMEs is owing to the fact they lack reputation, that is to say, with Tokoin presenting them with a Digital Business ID their reputation will grow thus having the confidence to approach Banks for funding to grow their businesses while their users, on the other hand, will trust them thus running businesses with them.
From all these made possible by Tokoin, with the presence of Digital Business ID and as well as blockchain technology MSMEs will behave credibility scoring which they will keep growing thus exposing them to more opportunities.

What Makes Tokoin Valuable

Tokoin is a valuable platform owing to its ways of ensuring the credibility of all its users is top-notch. This is achieved by compiling together all available data into a valuable asset while using blockchain to make it immutable and secure.
Tokoin believes so much in growth because this is the only way through which its platform and as such the MSMEs can be valuable; this is also achieved by partnering with various institutions thus opening more opportunities for users and/or MSMEs to access the services which will help them to scale.
A study has shown that many successful platforms always have a way of getting their community members engaged thus making them contribute meaningfully to the development of the platform. In the case of Tokoin, the teams believe that in other for Tokoin to be valuable too, community members who in one way or the other contribute to the growth of the platform will be rewarded.

CONCLUSION

Tokoin is a valuable platform not because of the team but rather because of the way it is built and what lies within it. Tokoin adopted blockchain thus having the capacity to store credibility data in a high throughput data store which removes any iota of manipulation etc.
Tokoin platform's token is known as TOKO, it is an ERC-20 token based on Ethereum blockchain.
Therefore, owing to the need to build a valuable platform, Tokoin IEO will take place on Kucoin exchange Spotlight on 23rd August.
In order to participate, visit Kucoin exchange or get started via the following link: https://www.kucoin.com/news/en-kucoin-spotlight-will-launch-tokoin-toko-on-august-23