LOYAKK Blockchain-enabled Business Relationship Management

Loyakk develops Enterprise Relationship solutions used by blue-chip customers such as SAP, Novartis, Abbott Labs, Infosys, Mphasis. Loyakk is addressing these business challenges through our patent-pending blockchain enabled Vega Business Relationship Platform.

Loyakk Vega is an enterprise-grade platform that is being designed specifically for secure, decentralized business-to-business engagement. It leverages patent-pending blockchain technology to support permissioned sharing of data, standardized communication interfaces, accelerated movement of value based on smart contracts and consistent propagation of business rules & security policies - leading to greatly improved security, efficiency & distributed governance across any business network.

The Vega Business Relationship Platform will enable exchange of data, business context and value in a secure, permissioned, verifiable and immutable manner. Enterprises can share sales and deal data, actionable intelligence, leverage and drive automated processes via smart contracts and do business with anyone across the world as long as they create value for the end customer.

The Loyakk Vega Business Relationship platform will leverage patent-pending nested blockchain architecture and a proprietary consensus mechanism to share and/or move data and value between business network participants based on identity, relationship and business rules. Vega will thus deliver key features that are the foundation of value webs. These are as follows:

1. Secure Information Exchange –
2. Workflows
3. Relationship Management

The Token

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 Per missioning, Standardization and Propagation of Data, Value & Rules across the Business Network, as described below :

• Per missioning - The Loyakk token carries the per missioning 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.

Contact:
a: Official Website: https://loyakk.io
b: Whitepaper: Loyakk White paper
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile