MnI: The Bridge Between Conventional Business and Virtual Economy
In the digitalized era, under the increasing influence of blockchain technology, various Southeast Asian countries are holding positive attitudes to the blockchain, with respective supporting policies, leading to popularisation of blockchain technology in the business and public sectors. According to CVSource, the data sources in June 2019 show that the blockchain industry in Southeast Asia has a relatively high proportion of venture capital in recent years, close to 30%.
Among all the countries in Southern Asian, Indonesia stood out, as Bank of Indonesia (BI) announced plans to launch its own digital currency relying on blockchain technology back in January 2018, with the aim of becoming the first country in the world to issue digital currencies. This ambition fully demonstrates that Indonesia is playing a predominant role in the race of blockchain development. And among all the blockchain startups in Indonesia, MnI draws our attention, as it is trying to bridge the conventional business and the virtual economy. Is it possible? With tokenization, the answer is yes.
Based on the nature of token, by splitting up real-world assets and converting them into their digital equivalent on the blockchain, tokenization can make assets essentially exchangeable via a blockchain-based system. It can also allow innovators trade fraction of the assets, without the limitation of time and space, and in the meantime, create a whole new market of liquidity. Tokenisation is offering a unique opportunity for startups and enterprises to adopt emerging business models and technologies and is leading in the digital transformation of capital markets.
MnI is making full use of tokenization and combines blockchain technology and digitalization with the conventional business. Incorporating a conventional business in the mining and infrastructure sectors into a diversified pool, MnI is linked to a blockchain and uses Mandi token as a form of shareholding, allowing token holders to benefit from their token holdings and market appreciation, as well as the profit from the combined companies MnI invests in.
Based in Indonesia and taking advantage of the rich mineral resources, MnI has been exploring cooperations with companies in related fields. Till now, MnI has established a strong strategic partnership with companies in mining, hospitality, infrastructure and commercial property industries, with various projects undergoing and worth looking into.
Thanks to tokenization, the robust and well-supported ecosystem created by MnI will allow all MnI affiliates and entities accept payments, transactions, and adoption, and enable Mandi token holders to use Mandi payments in the MnI ecosystem. In addition, the MDI tokens will be redeemable for services, goods and products from all MnI affiliates.
Mandi token will be listed on various exchanges in Asian and will be tradable and active, which greatly ensures the liquidity, tradable and further usability. Also, through focusing in the mining and infrastructure sectors, risk can be diversified and the returns can be spread over a diverse portfolio of businesses.
More importantly, as the pioneer of the CDC (Conventional Digital Convergence), MnI ensures token holders fund share allocated to profit-generating activities and directly translates to token market price increase and additional profit sharing to all token holders. This provides liquid, secure, transparent, accessible, efficient and greater ROI to all investors and creates a truly digital share certificate while utilising blockchain tokenizing structures.
In the age of tokenisation, in the vast potential land of Southeast Asia, MnI, is an undeniable shining new star and a forerunner in the digitalisation revolution. We are looking forward to its brighter future.
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