Tokoin Details - 2019
Tokoin Provides Fair Business Environment for MSMEs Tokoin is an Indonesia-led project that understands the complications of MSMEs from the very root of the problem. In fact, the MSME industry appears as a major player in Indonesia’s economy, totaling to more than 50% of its GDP, which served as one of the factors leading to the creation of Tokoin. In order to address the two key challenges of MSMEs, namely, the aggressive competition and lack of credibility, Tokoin has put forward an innovative solution. The Tokoin platform is a place that establishes the identity of MSMEs as an acceptable reputation in the business ecosystem. To do so, Tokoin employs the digital sector as a facility. As an ultimate goal, Tokoin strives to provide MSMEs with a solution to the problems they are facing by building a digital identity for them, by leveraging the data by putting value into them, and by encouraging business partnerships. As MSMEs obtain Digital Business IDs, they can record and ke...