Loyakk's mission is to completely transform how companies interact in the new decentralized economy to drive new business and value across borders. Loyakk is building next-generation ‘Enterprise Value Webs’ powered by our patent-pending Blockchain-enabled VEGA Enterprise Relationship Platform that will enable secure inter-company movement of sales data & value across their ecosystem of Partners, Channel, Distributors and Suppliers across the globe.
The Loyakk platform is being orchestrated by an exceptional team that architected ETrade’s Option Trading Platform, developed High Frequency Trading Platforms at CMT and Penson, built business and infrastructure analytics solutions for large enterprises and with multi-billion dollar solutions and marketing experience from SAP, Oracle-Siebel and VMware.
VEGA is the enterprise relationship management platform that enables enterprises to drive and grow collaborative business relationships with their customers, partners, channel and suppliers. Vega's patent-pending technology enables configuration and deployment of complex relationship structures and enable businesses to interact and transact across their distributed business relationships and create powerful value-based ecosystems.
Enterprise ecosystems are complex environments that involve the dynamic interplay of companies, processes, people, products, and services that span the creation and delivery of value to end customers. Loyakk recognizes this and has designed and built VEGA to power 'Enterprise Value Webs’ that combines various Systems of Engagement, Systems of Intelligence, and Systems of Record to create new comprehensive 'Systems of Value' for industry-specific ecosystems. These VEGA-powered Enterprise Value Webs will enable verifiable, immutable & provenance-tracked data movement, relationship management, and value-movement capabilities.
The Loyakk Vega Enterprise Relationship Application includes a set of purpose-built application modules that enable an enterprise to manage relationships across its business network covering customers, channel, partners, distributors and supplier relationships. The Vega Enterprise Relationship Application leverages blockchain capabilities with use of Loyakk tokens to enable secure exchange of data, relationship information and value across businesses.
Enterprises will reimagine how they manage their High Value relationships across their business networks. By bringing partners, contractors, resellers and other sales agents into the sales cycle, businesses will be able to transform how they engage across their global ecosystem. Selectively sharing and tracking deal and project information, jointly managing projects, making investments and paying contractors & vendors across the globe will be seamless thus helping accelerate deal and project execution; improve overall deal & project profitability while greatly reducing project risks.
With VEGA's ability to provide a shared data repository/ ledger across multiple untrusted parties in the value web, Insurers can independently verify the authenticity of customers, policies and transactions by providing a complete historical record and eliminate errors, as well as increase the velocity of the quote and policy issuance processes. Within claims management, new data streams can enhance the risk selection process by combining location, external risk data. A distributed value web can enable the insurer and various third parties to easily and instantly access and update relevant information (e.g., claim forms, evidence, police reports and third-party review reports) and efficiently execute their roles via pre-established smart contracts. Such a value web is essential to establishing an efficient, transparent and customer-focused claims model based on higher degrees of trust and exceptional customer experience.