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Tokoin works with Shuttle One, Singapore’s best project, to help Indonesian MSMEs participate in business development.

Tokoin, a blockchain based digital platform, is increasingly actively participating in accelerating MSMEs to participate in improving the national economy by working with partners in business institutions. For this reason, the Toco Inn held a grand launching event on Wednesday, February 27, 2019 at the Holiday Inn to the Mayo Lan Hotel in Jakarta.

The Grand Launching event is also a commemoration of the start of cooperation with Tokoin by signing the MOU with partners. Tokoin is supported by the government to maximize business growth through the Tokoin platform technical services.

The Ministry of Trade also supports Doco Inn with a digital platform that supports the national economy through MSMEs. Bachtiar Pangaribuan will represent the Department of Commerce as Director of Subdistricts in the US and Europe, speaking at the Grand Launching.

Even at the event titled “The Golden Age of the UMKM Mass Revolution,” a conference was held for journalists. Attending a press conference, CEO Rein Rahardja.

“We believe that an economic partnership will be created through business partnerships that support the performance of MSMEs. Tocoin will be a liaison for SMEs with organizations that can provide business development facilities.”

Shuco One, Toco Inn’s international business partner, also inaugurated its collaboration with Tokoin at the Grand Launching and signed a memorandum of understanding. With their shared vision, Tokoin works with Singapore’s best project, Shuttle One, to help MSMEs in Indonesia develop their business.

Hongzhuang Lim, CEO of Shuttle One Pte Ltd & XSQ Digital Pte Ltd, said this technology will be the basis of the Tokoin platform. “Internet infrastructure must be improved so that everything can be improved. We need to bridge the market gap and blockchain giving us solutions.”

In addition, Tokoin UMKM partners, Ralali.com, Pasar Polis and Sahabat have formalized their partnership with Tokoin at the signing of the MOU and have stated their commitment to long-term cooperation to accelerate MSMEs.

Preparing Indonesian MSME players as Industry 4.0 cannot be separated from merely educating and providing digital economic education, and technology stakeholders and related parties must be able to create a comfortable business ecosystem to provide comfort.

Founded in 2013, Ralali.com has become the largest B2B online market in Indonesia, offering various business categories including MRO (Maintenance, Repair and Operational) product requirements, HoReCa (Hotels, Restaurants and Cafes), Office Equipment. .

Ralali.com, five years old this year, has reached more than 300,000 users and more than 200,000 visitors a month, significantly increasing the number of users.

Rahardja, CEO of Toco Inliner, emphasized that many of the 57 million MSME players in Indonesia did not provide background information and gain fame, making it difficult to obtain financial assistance from financial institutions in the form of business loans. I succeeded. It will be difficult, financing is difficult, and investors want to make it difficult. The state has promoted legitimacy but is unable to get anything

Therefore, the Tokoin application, which relies on Blockchain technology, will enable MSME entrepreneurs to receive credit ratings, thus shaping their business reputation. “

In the future, MSME entrepreneurs will be able to obtain the convenience of selling the products they produce and secure their funds to become a bigger business.

Renier is also proud of the implementation of the blockchain technology and expects MSMEs to double last year. A double increase in MSMEs in Indonesia will contribute 80% of the domestic economy.

With Blockchain Technology, MSME players have an IP Identity, an MSME that is well written and feasible, and its existence is considered legitimate. This makes it easy for banks to raise funds. “Blockchain technology enables us to integrate our supply chain process chains into data distribution networks that effectively support product distribution.”

Together with Renier, CEO Joseph Aditya from Ralali said Tokoin can record transaction data directly on the market or offline with blockchain technology that decentralizes data ownership.

“The existence of technologies such as the Industrial Revolution 4.0, Big Data, Artificial Intelligence, the Internet of Things, and the blockchain, has changed the business ecosystem and many of its activities. I am done.

“Businesses no longer buy and sell, and the economic platforms they use, the technology used can capture and enhance data and see how fast economic activity is in the business ecosystem.

Tokoin gives credit scores to MSME players. MSME is a very large industry, but unfortunately MSME is underestimated. When SMEs accelerate and start entering large institutions or large projects such as Tokoin, they can become competent industries if they realize that various parties are finally able to accelerate the country’s own economy.

Reiner Rahardja, Tokoin’s Chief Executive Officer, said, “We are confident that economic partnership will be achieved through business partnerships that support the performance of MSMEs. Tocoin is a liaison for SMEs with organizations that can provide business development facilities. It will”.

At the Grand Launching event, Tokoin’s international business partner, Shuttle One also formalized the partnership and signed the iconic Tokoin and MOU. With a shared vision between the two, Tokoin will work with Shuttle One to help Indonesian MSMEs help develop their business.

Hongzhuang Lim, CEO of Shuttle One Pte Ltd & XSQ Digital Pte Ltd, explained the technology that will be the basis for the Tokoin platform. He said, “Improving Internet infrastructure must improve the situation, market gaps must be closed, and the blockchain will provide a solution.”

Ralali.com’s Toco-in partners, Market Policy, and Friends of MSME also attended a memorandum of understanding to formalize their partnership with Tokoin and expressed their commitment to long-term collaboration on accelerating MSMEs.

More Information, please visit the link below :

Website: https://www.tokoin.io/

Telegram: https://t.me/tokoinglobal

Facebook: https://www.facebook.com/TokoinOfficial

Twitter: https://twitter.com/TokoinOfficial

Medium: https://medium.com/@tokoin

author : TasiaAdamia

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