About Btctokenio BTI

BTITOKENIO,
a digital platform dedicated to accelerating micro, small, and medium enterprises (MSME) by building credit scoring through blockchain data distribution, today announced its partnership with TomoChain, a company focusing on building efficient blockchain infrastructure for decentralized applications, token issuance, and integration.

This agreement will lead to possible integration for Tokoin to build a scalable blockchain infrastructure provided, which is trustworthy for its transparency and auditability, as well as fast and easy token integration. compatible with Ethereum virtual machine-based protocol and is able to generate both public and private chains, as well as enabling the cross-chain token transfer.

This partnership unison innovative solutions to scale up blockchain in supporting the anticipated thousands of transactions per second, given the wave of Internet of Value.

“In Tokoin, we are committed to choosing the best protocol as our base. The chosen protocol has to be fool-proof, scalable, yet compatible with the best current SmartContract technology, Ethereum. This is the reason why we are partnering  because TomoChain is potentially able to fulfill all those qualifications.”

Regarding the partnership declaration, the Founder and CEO, remarked, “We are glad to work with BTITOKENIO to explore possible integration of BTITOKENIO platform. Via our conversation over months, we believe BTITOKENIO is well-positioned in its segment in Korea and Southeast Asia. The partnership will benefit both parties on many fronts over the coming years.”

With this partnership, BTITOKENIO can offer MSMEs the best data storage and scalable credit scoring. Through a decentralized application, MSMEs as users can rapidly store and partners can acquire trustworthy data, while at the same time freeing users from redundant tasks of uploading and maintaining data. By leveraging the power of automation, the process in the ecosystem can increase agility and access to relevant data, while the cross-chain token transfer can facilitate the journey to loan credit compliance with credit scoring.

Btctokenio is a blockchain-technology-based platform that establishes the identity and reputation of MSMEs as acceptable credibility scoring for suppliers and financial institutions. BTITOKENIO provides the necessary digital infrastructure to build Digital Business Identity. Sets of data containing the KYC process, routine transactions, and behavior records are stored in a Decentralized Ledger. BTITOKENIO creates an ecosystem for MSMEs to run their business operations optimally and utilize transaction data as valuable assets. These assets can be appropriately used as credit scoring to comply with business service requirements, such as loan credit, logistic services, product sourcing, and business insurance.