Technology has shrunk time and space. Hence, businesses are always advancing their processes using technology to achieve efficiency. Blockchain technology, developed as a distributed ledger of transaction, works as a platform to facilitate the distribution of information between participants involved by creating a distributed database. Data information distributed on the Blockchain is a valuable asset, and blockchain acts as a system that secures the data.
Every business transaction consists of a set of data, among which are the participants, buyers and sellers, orders, payment method, the amount of discount, and detailed payment invoices. In an online marketplace, the set of data are stored centrally on the marketplace’s platform. Adapting the data in a blockchain-based platform, all information is accurately recorded using cryptography and stored in blocks.
The trading ecosystem is about to implement Tokoin as a highway of data distribution. By recording transactions on Tokoin, all participants involved are guaranteed a secure ecosystem of blockchain with Tokens as signs of credibility scoring. Every participant will benefit depending on his/hero own needs. Partners get relevant data, while users as the downstream participants will benefit from access to business expansion and funding opportunities.
In the transaction stage, Tokoin provides a permanent record of information and transactions. The accuracy is guaranteed, for each transaction recorded is traceable and immutable. Tokoin will operate as an infrastructure that stores data in a decentralised manner. After MSMEs as users input their profile and transaction data properly, they can secure their reputation profile. As a note, data from users will be validated as valuable assets. Partners as service providers stack Tokens to acquire the data to determine the credibility of their prospective clients.
With the proposed ideas and approach to utilise data distribution for credit scoring and business growth, Tokoin aims to bring an elevation in the economic growth by leveraging and sustaining MSMEs as the powerful driver of a country’s economy in the emerging markets. BiKi Exchange is pleased to list TOKO as one of our different tokens for trading and purchasing in the cryptocurrency market.
1.What is Tokoin (TOKO)?
On the project side
Tokoin is a Blockchain project focused on providing technology solutions, to change the way MSMEs (micro, small and medium enterprises) operate, optimize their potential and contribute to the revolution of technology 4.0. Tokoin aims to take advantage of data from MSME businesses, build database infrastructure and digitize their transaction data on Blockchain. This will make everything safer, data will not be changed. Meanwhile, banks will easily use the data they gathered from the Blockchain system.
On the token side
TOKO is the base token of Tokoin network. This is the token ERC-20, built on the Blockchain Ethereum. You can use TOKO to trade on these listed tokens. Or if you want to store TOKO, you can use cold wallet or hot wallet that supports token ERC-20.
TOKO is Utility Token. Any component participating in Tokoin must use TOKO to be able to interact and operate within that ecosystem.
It is used by buyers, sellers, service providers, products, or financial institutions to interact with each other. At the same time, they also get back to TOKO when contributing to the ecosystem.
2. What are the Competitive Advantages of TOKO?
- An abundance of cryptocurrency trading pairs;
- Large trading volume, which significantly contributes to the liquidity of the exchange;
- Super node feature;
- High security of the exchange thanks to the multi-layered system architecture;
- The intuitive mobile version of the exchange;
- Low trading fees.
3. TOKO Data
[Updated on 26th June 2020 based on: https://www.coingecko.com/en/coins/tokoin]
|Tokoin ROI Beta||-20.7%|
|Market Cap Dominance||0.00%|
|Volume / Market Cap|
|24h Low / 24h High||$0.01582237 / $0.01660601|
|7d Low / 7d High||$0.01557802 / $0.01729478|
|Market Cap Rank||N/A|
|All-Time High||$0.177662 -91.1%Aug 30, 2019 (10 months)|
|All-Time Low||$0.01326700 19.7%May 15, 2020 (about 1 month)|
|Tokoin/Bitcoin Ratio||1 BTC = 583651.49 TOKO|
- TOKO Official Website: https://www.tokoin.io/
- TOKO White paper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=93463cf8ec8457c6c862
5. TOKO Website Community Socials
- Twitter: https://twitter.com/TokoinOfficial
- Facebook: https://www.facebook.com/543126232754780
- Telegram: https://t.me/tokoinglobal