LOYAKK: A DECENTRALIZED B2B PLATFORM POWERED BY BLOCKCHAIN

cryptotraderrr (45)in #crypto • 6 years ago

I always remain in search of that are capable to address the long-awaited issues and that have practical utility. The technology used earlier in different sectors is not capable to meet the needs of modern era. There is need of much more advanced technologies to confront the issues and to run the projects successfully. Today I’m going to discuss another great unique project that really has potential to address the complicated issues. has come forward to present solutions for enterprise sector.
Currently our business community is facing such serious problems like privacy issues, data leakage, disputes in contracts, lack of security and many other problems. The consequences are adverse. Sometimes business owners have to face big loss and in adverse cases even, they have to shut down their business.
No more such issues will be raised now as LOAYAKK is there to offer solutions for business community.
Let’s talk about LOYAKK in detail so that we can have exact idea how this project is so much important and how it is going to resolve the adverse business community issues and you will come to know why this project is worth to join. There are several reasons due to which I am preferring this project. I will try cover man points here to present comprehensive picture of the project.
LOYAKK is backed up by Blockchain technology and by using this technology, LOYAKK is going to introduce decentralized business- to- business system. By using LOYAKK VEGa platform, this will be convenient for enterprise to create hi-tech business that will enable global ecosystem. This global ecosystem will bring contractors, sellers, resellers, partners and all sale agents into the entire cycle.

are enough to confront the main issues encountered by enterprises.
LOYAKK VEGA is the first blockchain backed up platform that will enable decentralized B2B system. Its system ensures and secure data and makes the system transparent. The usage of patent-pending blockchain technology will be helpful for cross industry. This platform will prove to be solution for relationship management. VEGA platform has capability to manage relationships among the participants and has potential to generate maximum output.

VEGA PALTFORM has been designed in such a way that is capable to serve the purpose for which the project has been launched.
VEGA platform administrators and permissioned users will be able to create, configure and manage the entire multi-level structure, would be able to create smart contracts and virtual organizations, would be able to assign permissions for the verification of transactions. It would be possible for the users to do low cost transactions and to maintain public and private contracts at all levels. It would be possible to keep record of public and permitted private states. The system is capable to handle thousands of transactions per second and it will increase the efficiency of the entire system.
Blockchain core layer of the project will ensure privacy, security across the whole ecosystem and will allow intra-organization, inter-organization and private transactions for enterprises.
We have discussed here distinct points of the project here. If you need more information consult whitepaper (link of whitepaper)
The users using the platform will be able to get benefits and to conduct all activities within the platform by using LOYAKK TOKEN. It’s a utility token. All transactions will be conducted by using LOYAKK token.
It is a fact that today blockchain based projects are getting successful and massive are adopting to this technology to run their systems efficiently. Today the world has become a global village. There were some hurdles till now inspite of much progress yet every type of system was centralized till now. Now blockchain has resolved this problem and today all sectors are ready to adopt blockchain technology as it presents solution of centralization by presenting complete decentralized system. The usage of Blockchain technology will certainly make the project successful, efficient and transparent.