Many MSMEs find it hard growing their structures and as such have experienced stagnancy in their operations, making them unable bto fulfil the demands of their customers. The reason why some of them are still in such low state of helplessness is because they haven't been helped or given opportunities that would enhance their operations. But now there is a platform which is inclined to meeting their expectations for assistance though the growth opportunities that will be given as they both partner together. TOKOIN will help many MSMEs achieve their long set goals and globalise the MSMEs such that they become bigger and better.
This is a platform that allows all MSMEs to have their profiles and be assisted I thw expansion of their operations. The sole aim is to form partnership with MSMEs to make them gain more profit and have more customers to patronize them. However, the use of smartcontracts will be included in its operations for all businesses joining to operate transparently within the ecosystem when they relate with other companies. All the users will have the history of their business activities recorded and accessible at all times. The ledger chain infrastructure allows the storage of data for a long time since it is saved on the immutable public ledger.
ne ofof the Interesting thing about the use of smartcontracts in this platform is the transparency it brings in services. Same goes to the products used in this ecosystem. In actual fact, the smartcontracts makes users supply adequate information and also aids the verification process.
Peer-To-Peer Services that is in great demand will be conducted when people come together to exchange their services as wellas goods. It will provide direct access to the different business partners and the people involved in a business.
THE MAJOR PROBLEMS TO BE ADDRESSED BY TOKOIN
One of the problems is the difficulty in collecting data and storing them. More so, there is no trust when data is concerned and it has been difficult to maintain privacy when using the data.
Even when a user decides to provide very confidential data about anything, the confidentiality of such data cannot be sustained in the existing model of the MSMEs Industry because of its porosity. All that can be offered to solve these issues that concerns privacy and security is a proper encryption model.
The solutions to the problems is embedded in the decentralised features of this platform. This potential has given it the ability to alter the deformed structure of the industry to introduce flexible solutions to data collection, use and storage in the MSMEs Industry.
Tokoin now brings the advantage of using different products and services freely or with just a very minimal fee. Smartcontracts will serve users when they make transactions and all they will be experiencing is a perfection in the transactions.
Tokoin will ensure the encryption of data provided and the easy decryption when the owners need them. The encryption will put all Intruders away permanently.
The users will have access to MSMEs, they will be able to make good connections with chosen partners in the platform and companies they choose to do business with.
ABOUT THE TOKOIN DAPP
The dapps is useful in connecting thw stakeholders and to make them have a trusted network where they could connect with one another. There is no cost attached to using th network.
The contribution of this platform will make a pot of changes in customer'a interraction with businesses. The innovation will lead to the development of many MSMEs that are still struggling to thrive. This changes will be aided by the introduction of the digital currencies including the TOKO token.
Author's Telegram ID: @Chomsy