WHAT IS TOKOIN?
Before we start the discussion about Tokoin project, let me share first the effective use cases for data management and product development. First of all, let's quickly define a use case and how it can help in the improvement of the product. As you can see, Use case can be somehow compared to "scenario" but it's more than just simple theory or plan.
To guarantee the effectiveness of a certain platform. A vivid plan and objective is a must. In this project of Tokoin, the target markets here are those who arent confident enough to build clients and regular customers. That's where the tokoin platform will help in building up an Emerging Markets
and Retail Marketplace for all merchants out there.
For example, when you're talking to your friends regarding business or about a new start up project. A great question that you would like to ask is "What's the business or project all about right? Better solution here is guidance through data management and proper solution to lack of sales of whatever business it is. With this, the business will engage by customer, client, and merchants appreciation of the product if the project can show what special they have been working on. Anyway, let's begin on discussing some use cases for Tokoin and its worth on the market.
Tokoin already have their MVP and prepare many unique solutions to the number of the problem on MSME industry why the business isnt that effective. Today, I'd like to share some hypothetical scenario wherein Tokoin platform can help them can solve and improve more their businesses.
HOW TOKOIN SOLUTION WORKS...
Have you seen their platform and how it works? Better watch this short clip to understand how simple Tokoin
platform works.
As you all know, different businesses have pros and cons. Proper information and data management can be used to improve many aspect of businesses. However, some firm are too scared to face the reality that are now moving on a advanced tech world where technology is highly modernized. If youre a businessman you would risk and shift to a global level expansion to caught up with other businesses. Which I believe some MSME are still par below others.
Many companies and firms across the globe have been struggling to ease their traditional way of doing business and not using the benefit of using data management to improve business aspect. Few of these companies have a very limited understanding on what data they have, and how to use it properly. Tokoin goal is to put the power back into these firms by offering decentralized solutions for not only selling their valuable products but also connecting them with the right buyers or clients of their services or products.
Data is of little value to any business or person if they do not know how to utilize it properly but with the Tokoin platform, they can now monetized their raw products or services on a decentralized retail marketplace and emerging markets where people can catalogue their business easily. Sound's cool right? Tokoin aims to offer data solutions in a competitive environment where both buyers and seller can interact without any hassle to process their transactions. If you read their whitepaper you can see step by step how they can help us do it all on a very friendly procedure.
TOKOIN EXAMPLE USE CASES FOR DIFFERENT MSME...
The scenarios I come up with are based on the Tokoin Platform capability to help them grow their business.
CASE 1: Restaurant Franchising.
In this example, an entrepreneur decided to start up a new business on a new place for a restaurant franchising. Of course, a new business will have risk if feasibility studies hasn't made regarding the location of the business he want. Now, he then go to tokoin platform to acquire some necessary data and information such as people's population, people's interest, and important parameters for securing a crowd customer over the place and the probability that the place for his franchise restaurant can be profitable. Now tokoin can provide these simple information to what the client's need cause the platform is a digital catalogue of informatiom to connecy their client to more specific and right customers. Now the entrepreneur can now decide if he will pursue the business franchise. Cool right?
CASE 2: A farm owner having a hard time to sell in wholesale all harvest crops to consumers resulting to crops decaying.
A farm owner is gaining a lots of crops decay due to lack of regular consumers or customers for their harvest crops. As usual this problem is common to many farmers out there. But if they will seek guidance from a third party business group who knows how to connect them on the outside world they can easily widen or expand their customers. How they can help? One of the characteristic of Tokoin is their digital Identity. Whereas the farmer can go to their platform and create the farmer identity and tokoin will handle the promotion to the outside world by promoting and giving credibility score to their farm also can seek potential investors to widen their operation if lack funds to do it. How this will work? Tokoin ecosystem is so wide in terms of business affiliation. The secret here, is the branding and how they present all data of their clients which make them reputable and trusted. Im sure that the farmer will gain traction and people will notice him more compared to other.
CONCLUSION
To summarize the Tokoin project, their product as a whole can be viewed as a support for those medium enterprises that lack capabilities to improve growth and fast development. I guess in global scale many firms needed funding and aid for a better solution to better prosper in their line of business. Below are the key points or advantages Tokoin can give the community.
- Building a Digital Identity for MSMEs that Represents a Valid Reputation
Tokoin helps clients to maintain and build reputations by incorporating KYC processes, routine transactions, record keeping and compiling to aid tokoin users to gain credibility, and to acquire people's trust on theit businesses.
- Accommodating MSMEs to Utilize Their Data to Create More Funding Opportunities.
Admit it, some firm lacks the suitable data management of their own business such as track record, list of important matter and etc. Tokoin have the technology to provide a reliable management of data for records, transactions and product labelling.
- Providing Growth Opportunities for MSMEs by Bringing Business Partnerships.
My most favorite part is the tokoin's partnership with multiple institutions can help tokoin users to access services they need to furtherly expand their business through financial funding. Hence, those major firms can benefit as well since most tokoin users will acquire quantity of buyers which attributed to the business credit reputation of tokoin users.
These are just examples on how Tokoin platform can aid many types of businesses to deliver results and will surely increase and boosts sales and confidence of every clients on their firm. Id like to give more examples. But Hope you'd like my article and stay tune for more. Keep updated on Tokoin project by visiting the following important links below. Oh by the way, as of this writing would like to congratulate tokoin for a succesful token sale held on Kucoin as 5th Spotlight IEO project. Indeed a good sale is accomplished. Im saluting all the member of tokoin team.
Website: https://www.tokoin.io
Whitepaper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82
Facebook: https://www.facebook.com/TokoinOfficial
Twitter: https://twitter.com/TokoinOfficial
Telegram: http://t.me/tokoinglobal
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