As we go further in the crypto space daily, a number of new crypto projects emerge in the quest to make life as a whole better and more satisfying for users of blockchain around the world. And lately one very innovative and mouth watery project have evolved to help make the life of people even more better, and this project is no other than the tokoin crypto project.
More on Tokoin
Tokoin is a project that helps to rate and establish digital business identify and reputation of micro, small and medium enterprises, what this does is to help provide some level of credibility score for suppliers and financial institutions.
The platform helps to create a transparent and more technologically business ecosystem where room for an inclusive growth is given to every party involved. What tokoin does as an ecosystem is to help capture, process and store every bit of business information from users and have them stored up as valuable assets, these information are being used to rate and grade the reputation of the financial institution in question. This data are being made available to financial institutions which in turn help provide finances in form of loans to MSMEs (micro, small, medium enterprises) start ups.
All these will work hand in hand towards to enhancing national economic growth on the said regions.
The project's mission
The mission of this project is to help facilitate the exchange of data among involved parties in a very trustworthy manner and this also helps to eliminate the works of complicating intermediaries. The more sustainable and robust a country's MSME are, the more buoyant it's economy becomes with time.
Helps you build trust
It is difficult to trust an institution you are yet to officially transact with and for this reason tokoin was established to help MSMEs (micro, small and medium enterprises) gain the required trust needed to access loans and grants from investors and the general public.
This is done by registering the profile of the said enterprise on their platform and this is inturn being closely monitored and the data obtained is being displayed for the public, this way they will be able to determine if the said project is worth their investment or financial contribution.
Installment buying
The tokoin team helps MSMEs who are not very buoyant financially to make purchase for item they need and make payment in installments, this is powered and made possible courtesy of the tokoin platform.
This goods are being bought from merchants within the tokoin ecosystem system in accordance to your credibility score and payment is being made within the specified period of time.
Loyalty points
Tokoin understands the need to reward very loyal members of its platform and this is why the loyalty point reward system was chosen to help reward loyal members of the community, these loyalty points are mobile digital assets which can be redeemed for other assets.
Summary
Tokoin is set to take the crypto world by storm and it is currently employing all the right tools required to get this done, the platform is indeed a very unique and progressive one so it wouldn't be surprising to see this project rated among the top projects in the crypto space sooner than later.
HELPFUL LINKS
Website: https://www.tokoin.io/
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial
Author's Telegram ID: @idakpe