Loyakk — Hive

The business organization is very difficult and hard-working task. The larger the business, the more difficult to organize it. There are many numbers of processes which are needed to be done quickly, correctly and effectively. In view of this, so much appreciated competent management in organizations. Without it, the company will stop making profits. However, at the moment, the business can not ensure the quality of business processes organization for 100 percent, due to a large amount of data and the lack of a system that can properly process it.

As in the process of its work, the business gets a whole range of tasks that need to be performed, there is an urgent need to ensure the regulation of this work by the smart contracts. This will help to ensure that each relevant transaction or interaction will be recorded and monitored in a consistent, verifiable manner.

So, there is a necessity to use the blockchain technology that actually offers the Loyakk company. Loyakk Vega Business Relationship Platform is the first kind of enterprise blockchain solution for decentralized business networks.

Every business has a large number of departments, positions, and business processes. All of them form a whole chain of actions and various works that lead to the task and obtain the desired result.

We will provide a platform with patent-pending technology that will enable enterprises all over the globe to leverage the power of blockchain for a large variety of interactions and complex business processes involving multiple parties
– across organizational and geographic boundaries.

The platform

The Loyakk company wants to transform, simplify and improve the interaction of business as within the company so and among its partners, distributors, and other counterparties. This applies to various disputes related to contracts, inefficient processes, and the problem of security of various data and their using.

Because of the Vega Enterprise Relationship platform, organizations will be able to use and manage automated processes through the smart contracts, share sales data and other useful business information. This should provide more efficient interaction, reduce transaction time, reduce information processing costs and increase the satisfaction of all members of the ecosystem.

Every day there are many of interactions between organizations. Phone calls, emails, meetings, etc. At the moment, all this is unsafe, chaotic and hard to track. Based on the Vega Enterprise Relationship platform, these processes will be optimized, secure, and verifiable.

The Token

We should also note the company's token. Differently, from many new ICO projects, where tokens are often used only to raise the money and to sell it on the exchange, the role of Loyakk token is much more meaningful.

The Loyakk token is a carrier of business data and will use for all interactions within the ecosystem. Loyakk also provides a template for creating your own index, which will include only certain actions with the token. For example, operations that take place only within your own country. Thus, it will be possible to assess the overall condition and speed of the platform. In addition, all data values will be stored in the Loyakk blockchain, so all historical data will be available to all participants of the system.