Tokoin’s Platform ECOSYSTEM
The Tokoin platform issues a SHOP on the blockchain as a
means of interaction between participants. A SHOP is used as an incentive when
participants in the ecosystem send transaction data and validate data. Also,
this is a prerequisite for using certain services on the SHOP platform,
including business insight services provided by Tokoin. For service providers,
STORES are used to access advertisements and MSME transaction data. With more
and more participants using Tokoin service, participants must bet or use Tokens
to use the Tokoin platform, then raise the price of the SHOP. The STORE is
generated by the ERC-20 token and can be converted to certain main net
protocols if the team decides that it is necessary. In this way, the STORE will
be converted to a new token based on the new protocol. As a Utility Token,
Token should be in the ecosystem. Use of MSMEs TOKO tokens to build credit
assessments that can be used later to access business services. Partner such as
financial institutions, Tokens as a prerequisite for accessing data and MSME
Tokoin is an autonomous system that manages data distribution and presents prizes for contributing data in the Tokoin ecosystem. Tokoin is also an incentive tool that determines value in relation to an activity.
2. Buyers
MSMEs as product buyers contribute as data providers by sending Tokoin Platform transaction information. The data they provide includes KYC information, transaction details, and
business operation details.
3. Financial intermediaries
As one of the main actors on the Tokoin platform, financial intermediaries will be able to capture the leading digital identity of MSMEs to take advantage of the real market perfectly by sorting personal MSME ratings and types of services they seek from financial intermediaries, e.g. loan amount.
4. Seller
They are recognized as product sellers and distributors who market their products to MSMEs. By paying a Token Token, the seller gets targeted advertising on the Tokoin platform.
5. Service Providers
Providing business facilities for MSMEs, service providers can also place advertisements and offers on the Tokoin platform, specifically targeting MSMEs that meet their criteria
Tokoin will operate in an environment without centralized
control, a consensus mechanism to coordinate data replication between nodes
with low latency is needed. tokoin uses Tendermint for the underlying consensus
mechanism to ensure Byzantine Error Tolerance (BFT) across Tokoin
network. By design, Tendermint runs a validator on each node
for broadcast consensus transaction. Because this middleware only focuses on
consensus, this middleware can handle rising transaction rates up to thousands
of transactions per second. In order for Tendermint to interact with data
storage
tokoin adopts the ABCI interface to connect with each other consensus
network to the database engine. ABCI is a coordinating messaging protocol requests
(business logic) received from the Tokoin network and apply them to the
database Tokoin must guarantee that records cannot be changed and cannot be
exchanged. To attach all data sent to As the owner, Tokoin utilizes Bigchain DB
to interface to the data layer and conditions are strict at data ownership. It
enforces rules to ensure that data is cryptographically signed before is being
entered into the database. It also prevents harmful interference with one node
and no does not affect the rest of the network
• Inter Planetary File System (IPFS) IPFS is a distributed
file system protocol for connecting allcomputing device with the same file
system. It can access, manage and save files, as well tracking version from
time to time. IPFS also explains how files move across the network
• DynamoDB Amazon DynamoDB is a fully managed NoSQL database
service that provides fast and predictable performance with seamless
scalability. DynamoDB allows disassembly administrative burden for the
operation and scaling of distributed databases so that users do not need to do
so worry about hardware provisioning, setting and configuration, replication,
software patching, or cluster scale. In addition, DynamoDB
offers encryption at
rest, which eliminates operational burdens and the complexity involved in protecting sensitive data Point
of Sale (POS) or Point of Purchase (POP) is a retail transaction settlement
place. Through POS, traders enter and clarify SME purchase transactions as
system notes in Digital Ledger
Tokoin POS System is a device released by the
Tokoin platform. Function to track transactions carried out by Digital Business
ID. The specific use of Tokoin's POS is for take off-line purchases. Tokoin
will provide this tool for offline sales partners, such as distributor and
wholesaler
Data, such as product type, quantity, price, purchase intensity,
payment details, and other relevant information, will be recorded through this
POS in the Digital Ledger belongs to a specific Digital Business
ID Activities
on our platform ecosystem are generated in blockchain-based digital systems. Through
a decentralized computer application, data captured on the Tokoin platform is
stored distributed ledgers. Every data set stored on the Tokoin platform via
dApp is secured, and this is activated by the characteristics of the blockchain
which is to be safe, trusted, and unchanging
When users send their data, it
will store data in a decentralized manner, meaning there is not a single point authority
in data ownership. Therefore, each data set belongs to each provider. This Platform
characteristics allow MSMEs as data providers to benefit in the form of
"data monetization The Tokoin application also allows MSMEs to build their
credibility through records transaction
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