Loyakk: transforming the way how companies share data with partners and distributors

zeeshan003 (53)in #ico • 6 years ago

Loyakk platform uses blockchain and smart contracts for sharing and collaboration data with their partners, vendors and distributors across the globe. This ecosystem is designed to provide secure information sharing and to save billions of dollars by preventing costly data breaches, IP theft and contract disputes.

Loyakk uses patent-pending blockchain technology which ensures that your competitors and other people who might be benefiting from your data can not copy or steal it. Through patent-pending extension, it is ensure that your data is protected. The breachers in this case are subject to pay the damages resulting from the data breach. As we all know that data is very valuable these days. Most of the companies are doing their businesses merely on the data from different sources. This platform will ensure that their data is secured.

Loyakk is a smart contract driven program which ensures security of data in business-to-business engagements. Companies are globally connected these days in form of their own corporate offices, partners, distributors and vendors. The information sharing between these entities becomes vulnerable because there is no such mechanism to guarantee that your data will not go beyond your business model. Loyak is a Vega Enterprise Relationship platform which ensures data security, contract disputes, data reconciliation and bloated processes resulting in saving billions of dollars.

Secure information sharing: In a business network powered with loyakk application your data is shared in a way that only the verified users can get access to it. The information is verified, permissioned and immutable which shows that your data can’t be changed or if someone attempts it, it will be recorded on the blockchain.
Workflows: Data and information move among and between different entities. Sometimes this movement is manual and sometimes it is programmed. In any case of data movement, the ecosystem guarantees that no information should be supplied to irrelevant entity. It checks the relationship context, agreements, business rules and regulations before validating the data exchange.
Relationship Management: businesses are depended on relationships with people, organizations, vendors and distributors. This program has relationship management capabilities which allow you to create and manage relationship with more entities to maximize the performance of their businesses.

Users can publish any type of content and manage it to their requirement. However access to the content is permissioned and controlled by the platform.
Users can also communicate with each other with full sense of security about their private matters such as sharing customer information, confidential deals and critical data to increase performance.
The platform provides analysis on data which helps the users to gauge the performance and use the relevant type of data and information into their business models.
It provides a matchless relationship experience to everyone. This program provides a customized service based on your profile, location behavior and relationship.