Tokoin is a technology company that aims to provide solutions to the needs of local governments and businesses through blockchain technology. Tokoin uses the digital sector as a vehicle and privilege to meet the needs of MSME (Micro, Small and Medium Enterprises) for authoritative and valid identities. MSMEs can record and track business processes on a digital ledger by obtaining a digital business ID. The platform also distributes the credit scores they generate to other partners in the Tokoin ecosystem.

This is the decentralized nature of blockchain technology, with no central authority to record the data. Also, Tokoin aims to create an ecosystem by applying blockchain technology to business processes. This is based on data dissemination and, at the same time, benefits the participants.

All of the transaction data from business operations by MSMEs are kept digitally and simultaneously in a computerized record called a digital ledger. Any information, like KYC, cash flow, sales and earnings, and routine business purchases, is recorded as valuable assets. 

These assets are also compiled, processed, and given value according to the depth of the information contained. The value embedded in the data can serve as an indicator of credit scoring that builds the reputation related to a business profile. The digital ledger data can be distributed in the ecosystem to generate interrelationships between all participants by utilizing the underlying technology,

The Tokoin ecosystem is organized to deliver the distribution value from one participant to another. Each participant plays a decisive role in maintaining a solid ecosystem for all businesses involved. The platform enables interaction between Tokoin users and partners who support blockchain technology. 

The interaction between Tokoin users and partners enables valuable partnerships between each participant. The platform does so by assuring each participant the security of each transaction and a more trusted relationship through blockchain technology. In Tokoin business activities, MSME as a data provider transmits transaction data through the Tokoin Dapp. Tokoin processes and verifies data, making it a valuable asset. Partners can receive data by staking TOKO tokens.

TOKO is the native ERC-20 token of the platform and serves as a means of interaction between participants. TOKO is used as an incentive when ecosystem participants submit and validate transaction data. TOKO is also a prerequisite for using particular services on the platform, including business intelligence services provided by Tokoin. For service providers, TOKO is used to access advertising and MSME transaction data. 

TOKO can be converted into a new token if the need arises based on the new protocol. Small businesses use TOKO tokens to generate a credit score that can be used later to access business services partners.

The Tokoin team includes team members Welly Salim (CEO), Eddy Christian (COO), Andrew Riady (CMO), Trong Dinh (Head of Engineering), and Stephanus Andreas (Finance and Development Officer).