The BIG Picture

The Loyakk Vega Platform enables Value Webs with Flexible Blockchain Zones



For more details on the foundational Blockchain aspects of the Loyakk Vega Platform, please refer to the Solution Architecture Overview available on the Loyakk Website: http://www.loyakk.io

The Token
  All parties using the 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 Permissioning, Standardization and Propagation of Data, Value & Rules across the Business Network, as described below :

-Permissioning - The Loyakk token carries the permissioning 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.

The Loyakk Token details are further described in the ‘Tokenomics’ document available on the Loyakk Website: http://www.loyakk.io

The Application
  The Loyakk Vega Business Relationship Platform’s Application Layer includes a set of application modules that enable an enterprise to manage relationships across its business network.
The Vega Applications use Loyakk tokens to enable secure exchange of data, rules, and value within the business network. The platform leverages patent-pending nestedblockchain architecture to validate transactions and move data and value between ecosystem participants based on identity, relationship and business rules. Following are some of the key capabilities of the Loyakk Vega Business Relationship Management Application:



Partner Management Module
Enterprises collaborate with Partners to meet new demands from customers. The partner management module enables granular sharing of critical deal, market and solution data, co-selling, revenue-sharing and partnering on delivery services delivered over a set of workflows that are unique to the partner management. The partner management module is thus a foundational component on which value-webs are built.

Channel Acceleration Module
With the channel engagement application module, enterprises can enable, engage and empower channel partners to sell faster, service customers better and execute on channel strategies in a unified and consistent manner. With channel relationships executing around the blockchain-enabled Loyakk Vega platform, businesses and their channel partners will be able to share relevant customer data & insights, execute smart contracts, manage deal registrations, run loyalty programs, and manage channel relationship with greater efficiency and effectiveness.

Vendor Management Module
Multiparty vendor relationships are core to value-webs. The vendor management module enables enterprises to manage their relationships across all vendors in a unified and consistent manner and enable dedicated experience based on predefined engagement templates, policies, locations, product and service agreements.

Customer Engagement Module
Regardless of the specific entity customers are transacting, so long as the entity is a part of a value web, Loyakk's customer engagement application ensures enterprises are to deliver unified, personalized, experiences on to customers based on their profile, location, behavior and relationship attributes. More importantly this delivery will be consistent and compliant with rules as required (business, legal etc.).

Distribution Management Module 
Enterprises in distribution-intensive businesses need to work with multiple stakeholders including suppliers, inbound and outbound transportation, customs, packers, insurance and financial institutions. The Loyakk Vega platform enables them to share contracts, place orders, manage deliveries & stock movement, invoices, payments, letters of credit etc. within a common private blockchain ledger. With data verifiability, immutability and provenance tracked at every point of the supply chain this module is valuable for industries like food, pharma, industrial products where counterfeiting is a real problem.

Thank you for your attention, sorry if there is a word or language that is not good, umpteen.

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