LOYAKK VEGA - Decentralized Business Relationship Platform supported by blockchain


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What is LOYAKK VEGA?

Loyakk Ltd is based in London, England and is the originator of this ICO. Loyakk Vega is a Decentralized Business Relationship Platform supported by blockchain that enables companies to securely and efficiently exchange critical data and values ​​within their business networks and in a contextual and relationship manner.

The Loyakk Vegetoy Platform embeds patent-pending blockchain proprietary technology with sophisticated corporate relationship management capabilities to address the challenges of modern business-to-business engagement across the industry. Loyakk Vega gives strength to a full stack solution that includes critical application and platform components and services designed to quickly enable early and unblocking use cases across the industry while supporting the company's vision and roadmap for blockchain implementation and enterprise digital transformation.

Loyakk is run by a bluechip team with a mix of potential corporate DNA software and technical capabilities that include software capabilities and enterprise blocking capabilities. The team has filed several Blockchain Patents, worked on Hyperledger Fabric and Quorum based applications, built the Stock Option Trading System on ETrade, and the High Frequency Trading Platform at CMT and Pension. Business leadership has led the creation of multi-billion dollar solutions, and organizes global marketing efforts in SAP, Oracle-Siebel and VMware.
MISSION LOYAKK

Loyakk's mission is to transform how businesses create and deliver value in a new decentralized economy with their global network of partners, channels, distributors and vendors. Businesses today face many challenges related to data security and privacy, data reconciliation, contract disputes, inefficient processes and limited governance in their business networks that cause billions of dollars lost each year due to rising costs and lost revenue.

Loyakk takes on this real-world challenge through the Vega Vega Business Relations Platform backed by patents. Loyakk Vega is an enterprise-class platform that has been designed specifically for business-to-business engagement that is safe and decentralized. It leverages patent pending blockchain technology to support the sharing of permitted data, standard communication interfaces, accelerated value movements under smart contracts and policy propagation and consistent business policies - leading to increased security, efficiency and distributed governance across business networks .
 
The Token
 
All parties using the Loyakk Vega platform require the Loyakk token to interact & transact on the Loyakk-powered Value Web Network. The Loyakk token is a carrier of data along and rules.
 
It enables Permissioning, Standardization and Propagation of Data, Value & Rules across the Business Network, as described below :

  • Permissioning - The Loyakk token carries the permissioning rules that set the appropriate visibility and access control rules for the network – be it at individual, team, organization or across companies. The Loyakk token thus ensures that confidential data is accessed by only authorized parties.
  • Standardization - The Loyakk token specifies the common interface, standard formats and the rules for data interchange and interoperability so multiple parties can interact and transact seamlessly with each other
  • Propagation -The Loyakk token propagates network-specific data, governance rules and policies that control how the data is used, processed, propagated and updated based on identity, relationship, location, segments and user behavior. This ensures that business is conducted in adherence with the rules of the Business Network. 
 
The Loyakk Token details are further described in the ‘Tokenomics’ document available on the Loyakk Website: 
 http://www.loyakk.io

The Application
 
The Loyakk Vega Business Relationship Platform’s Application Layer includes a set of application modules that enable an enterprise to manage relationships across its business network.
 
The Vega Applications use Loyakk tokens to enable secure exchange of data, rules, and value within the business network. The platform leverages patent-pending nestedblockchain architecture to validate transactions and move data and value between ecosystem participants based on identity, relationship and business rules. Following are some of the key capabilities of the Loyakk Vega Business Relationship Management Application:



Partner Management Module
 
Enterprises collaborate with Partners to meet new demands from customers. The partner management module enables granular sharing of critical deal, market and solution data, co-selling, revenue-sharing and partnering on delivery services delivered over a set of workflows that are unique to the partner management. The partner management module is thus a foundational component on which value-webs are built.
Channel Acceleration Module

With the channel engagement application module, enterprises can enable, engage and empower channel partners to sell faster, service customers better and execute on channel strategies in a unified and consistent manner. With channel relationships executing around the blockchain-enabled Loyakk Vega platform, businesses and their channel partners will be able to share relevant customer data & insights, execute smart contracts, manage deal registrations, run loyalty programs, and manage channel relationship with greater efficiency and effectiveness.
Vendor Management Module
 
Multiparty vendor relationships are core to value-webs. The vendor management module enables enterprises to manage their relationships across all vendors in a unified and consistent manner and enable dedicated experience based on predefined engagement templates, policies, locations, product and service agreements.
Customer Engagement Module

Regardless of the specific entity customers are transacting, so long as the entity is a part of a value web, Loyakk's customer engagement application ensures enterprises are to deliver unified, personalized, experiences on to customers based on their profile, location, behavior and relationship attributes. More importantly this delivery will be consistent and compliant with rules as required (business, legal etc.).
 
Distribution Management Module 
 
Enterprises in distribution-intensive businesses need to work with multiple stakeholders including suppliers, inbound and outbound transportation, customs, packers, insurance and financial institutions. The Loyakk Vega platform enables them to share contracts, place orders, manage deliveries & stock movement, invoices, payments, letters of credit etc. within a common private blockchain ledger. With data verifiability, immutability and provenance tracked at every point of the supply chain this module is valuable for industries like food, pharma, industrial products where counterfeiting is a real problem.



Web Value Industry - Powered by the Vega Value Business Platform of High-Tech Industry


Companies will reconsider how they manage high-value businesses by better utilizing relationships across their business networks. By bringing partners, vendors, contractors, resellers and other sales agents into the public network, businesses will be able to change the way they sell, implement and support complex technology solutions. The Loyakk Vegetoy Platform allows the sharing of secure IP agreements, projects and information, verifiable project tracking and smart contracts that are aware of the relationship between service delivery and compensation with contractors and vendors. All of these capabilities help speed up project agreement and execution; improve overall project agreement & profitability while greatly reducing project risk.

The Value of the Web Insurance Industry


A web with distributed value supported by Vega may enable insurance companies and various third parties to easily and instantly access and update relevant information (eg claims forms, evidence, adjustment reports, police reports etc.) and perform their roles efficiently through intelligent pre-defined. contract. With the ability of Vega to provide shared data storage / ledger on many trusted parties on the web of values, Insurers can independently verify the authenticity of customers, contracts and policy transactions by keeping a complete historical record, increasing the speed of offer and issuing policies and reducing or eliminating errors in process.

ROADMAP




FOR MORE INFORMATION,  
PLEASE CONTACT LINKS BELOW:

Website:https://loyakk.io/
Whitepaper:https://loyakk.io/assets/Loyakk-Vega-Business-Overview-O21.4.pdf
Ann Thread:https://bitcointalk.org/index.php?topic=2838562.0
Facebook:https://www.facebook.com/loyakk
Twitter:https://twitter.com/loyakkvega
Telegram:https://t.me/loyakk
 
Profile : abdullahtakesi
https://bitcointalk.org/index.php?action=profile;u=1743199
My Address : 0xC0134c6deB80a4550408dBF7E56c864d4BF6E65e

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