Strengthening Enterprise Relationships with Blockchain

in #enterprise6 years ago

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The digital revolution has created an irreversible impact on the relationship between enterprises/businesses. Interactions between businesses with one another or with people have changed due to introduced software, technologies, machinery during this period. Among them, the internet- a network of global computer interconnected using standardized communication protocols has created the most significant influence on this relationship. But presently the internet has become outdated mainly due to inefficiencies, and security problems. Customers, partners, vendors, and enterprises suffering from difficulties in maintaining a proper relationship. Businesses cannot survive alone, only a better collaboration with other parties can lead to a higher performance in any kind of business. With the existing system, prevailing businesses have estimated to loss $2 Trillion USD in 2019 due to data leakages, data reconciliation, contract disputes, data related to privacy. Inefficient processes, outdated technologies has intensified this situation.

A company named Loyakk Vega has come to the reality for strength up this suffering Enterprise Relationship. Loyakk Vega has absorbed all the unique qualities included in the cutting-edge technology named as "Blockchain". The blockchain is a public ledger of all transactions that have ever been executed within the given decentralized network. Blockchain has entered the technological competition while forming a backbone to a new kind of internet, which is completely different from the previous internet. With the inclusion of Loyakk Suddenly all industries relied upon the internet will begin to experience a smell of new kind of disruption. Usage of smart contracts and digital signatures with the blockchain has formulated a distributed, encrypted, immutable and fraudless interconnection for strength the Enterprise Relationship.

Loyakk Vega has established a platform, driven by an advanced application layer specially created to enhance the relationship of enterprises in the platform. Crypto token named as LYK token will be the driving force of all the transactions, security of exchanging data and managing values within the business network. Enabling of Permissioning, Propagation and Provenance is the main duty of the LYK token. Loyakk Vega Enterprise Relationship Platform has 5 main modules established mainly to manage different types of relationships between different parties in a professional manner. Partner Management Module, Channel Acceleration Module, Vendor Management Module, Customer Engagement Module, Distribution Management Module are the five modules. Usages of those modules ranging from creating collaboration with Partners to meet new demands from customers to sharing contracts, placing orders, managing deliveries etc. Evert single act needed for better Enterprise Relationships ha included in the platform. Sharing of data cannot frauded or theft by anyone anymore, because each transaction has secured with a unique digital signature meanwhile executing through smart contracts. The utility provided by smart contracts cannot be found with anything. Adopting full blockchained ecosystem provide ease of managing data workflows between all business network applications. Users of Loyakk Vega will be benefited with Seamless and borderless business relationships around the globe supporting the growing supply chain interactions and both B2C and B2B relations.

Loyakk holds the position to be the first Blockchain-enabled Platform created for Decentralized Business Networks. Loyakk will disrupt every kind of businesses through managing better Enterprise Relationships. Loyakk token sale is now live, Please follow the links for more details.

Website: https://loyakk.io/
Whitepaper: http://www.loyakk.io/#white-paper
ANN Thread: https://bitcointalk.org/index.php?topic=2838562.0
Telegram: https://t.me/loyakk

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@prasannpr143 great article my friend

Really appreciate your interest in my article @flash07

really nice article...bt do you really think blockchain technology along with bitcoin will find its place in india...

India already has, They have started some new ICO's

Even i am planning to put my career in blockchain as i can the good future of it

That great way to develop your career, best wishes for the success

Nice article. I hope this will b helpful for us.

Really appreciate your interest in my article @rosy1606

Bang that's an amazing news. Block chain is covering all industry day by day. That's really great things

thank you for the positive comment @dhanjkalita

Informative,looking forward to ur future contents

thank you for the positive comment @dhanjkalita

This is really informative and knowledge .i love this post and keep it up and keep posting .wish you all the best

Really appreciate your interest in my article @lokmanshrestha

That's a good informative post. Keep it up. I visited to their website.

That good, What you've found??

Thanks a lot for the information these are really great days are coming through blockchain,do you think is this is the emerging product for the year 2018.

Why not, Upcoming enterprise based economy will have a big disruption with the Loyakk , Every entrepreneur need a good Enterprise Relationships around them. So there will be a massive interest wrapped around Loyakk.

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