Business is the core of the economic development, and hence it needs to be unhampered with any obstacles. Business can also bring so many benefits for the humanity and thus need to be improved and interconnected so that it brings even more significant advantage. The world of business is often described as win-win solution scenario, where the businessman provides several facilities with their services so that it brings goodness to the people, where the businessman receives a portion of their money for employing their business. And interconnected business is the solution for this early 21st century since it can enhance the mutual growth and also bring a broader scope to both companies. Nowadays, there is a lot of business going around, from a simple merchant in the roadside to the gigantic building erected for the business alone.
But the problem lies with the growth of the business as well. The business needs to transfer data as the data is crucial to their account. For example, an insurance business needs the data of the youngster in one country, and thus it requests the data from the government, in exchange for the money. The company then send the data to all of their connected subsidiary bodies such as the branches offices, the working agent and salesman and so forth. Often the data is lost, stolen or comes with a very high price so that it is no longer efficient for every company to do that way. The situation if reasonably dire as the data leak of the business transaction could reach millions of dollar annually and strike a severe blow to every related company.
So far, there are about four issues that are related to the business data transfer, they are:
- Centralized
It is very well known that the business which exists today mostly comes with a very high centralisation pattern. This is good at some point to strengthen the coordination which is done inter-business platform. But as for the long run, it is not very good as it will make the innovation dull and centralised to the owner, and also the data transfer is very centralised to the core business platform rather than the subsidiary bodies. The centralised data transfer also makes the flow of information somewhat tedious and slow, since it needs to be started from the core of the business and spread out the other which takes a rather long time. - Costly
The data that is being transferred with a centralised pattern will be expensive since it needs to be relayed multiple times. The cost per relay is rather high since the data need to be transferred as soon as possible and thus it needs a specific infrastructure to do so. The agencies and the branches which receive the data last are also cost them money since the data flow is so much inefficient for them. The cost of data transfer alone could reach millions of dollar with very low efficiency, making it almost unbearable for the companies. - Insecure
As the technology progress, the threat for the business is not always coming out offline, but also online. The hackers and crackers are continually bombarding the business weak spot to exploit or do some corporate espionage which includes the stealing of data. This is most vulnerable as the data is being transmitted in unsecure channel makes them the perfect prey for those who wish to harm. The information that is stolen is often very valuable, and thus the loss of it means a significant blow for the corresponding business. This need to be stopped or otherwise the running industry will continue suffering under hacker attack. The firewall and the internet security nowadays are n’t enough to keep the hackers at bay. - Chaotic and disorder
The flow of information is often described as a chaotic world where there is not a single policy could govern it. Everyone can send their messages to everyone, no matter how and what the context is. This also happens in the world of business, as the bodies are often mismanaged their flow of information and making the incorrect messages to the wrong receiver. The word is also mixed up with the other words from the other bodies and thus making it very confusing for the receiver. The ability to sort all of, therefore, become so crucial as the chaos is still raged in the data exchange world in the business. This will hinder the data exchange and the flow of information between business, body business, and person to person making it significantly harder for the company to grow.
Those issues need to be solved as soon as the business keeps growing. Nowadays, the connection for each business is very complicated since the flow of information is being attacked by inside and outside threat. Not to say the beaurocracy that still hinders the progress of the business and makes it even harder to compensate. There has to be one solution to solve this issue, which the solution need to facilitate the flow of the information and to reduce cost and increase security and efficiency in sending the messages, data and any information alike.
For further information regarding the business realm overview, you can refer to the websites below.
https://bitcointalk.org/index.php?topic=2838562.0
https://loyakk.io/
Optimizing Blockchain to Optimise Data Exchange Sequence
LOYAKK VEGA ENTERPRISE RELATIONSHIP PLATFORM
The tech nowadays has been improved a lot, to the point it now has been capable of doing so much thing, including optimising the current ecosystem that we now have. The blockchain tech is considered a very revolutionary tech since it alters radically on how people do business and their daily transaction. It also becomes the mother of a very decentralised business as it employs so many servers to ensure the user experience in using the platform, and the speed of such transaction could also be accelerated thanks to the decentralised nature of the business as well. The platform seeks to end all kind of centralised business as it already been obsolete and bring more harm compared to the benefit for the society alone. Since its birth, so many platform based blockchain are giving the pressure towards the old and centralised business.
One of the main components of the business model is the token, instead of the real fiat currency. This token is the primary source of income for the business, as it is used for every kind of transaction that is occurred within the region of such platform, be it customer to customer or customer to platform transaction. Using these tokens, the user can accelerate their payment time and thus increasing the efficiency of such a platform and enable the platform to divert the resource more onto their performance. To put it just, the blockchain based business is a very efficient business since it utilises their form of currency and their system.
There is one platform that tries to resolve the issue of the data exchange process, which is called by loyakk.io. This platform seeks to increase the data that can be transferred, protecting the data exchange process, and thus reducing the cost of the data exchange. This groundbreaking invention is about to emerge as they are preparing their infrastructure to do so. Here is several information regarding their feature for your business to come.
- Securing the flow of information
Imagine a pipe is delivering the oil, and that pipe is full of holes. That is the world of data exchange nowadays, which are very prone to attack by hackers or corporate spies that attempts to steal the crucial data from any company. Those companies are trying desperately to increase their protection, but always be outmanoeuvred by the culprit since they are working alone. The utilisation of loyal will improve the data protection, because not only they will employ the most sophisticated state of the art tech of the firewall, but the security will be deployed end to end, leaving no weak spots or holes unattended. This will decrease the odds of the data being stolen, and thus the data exchange can be conducted safely. - Complex data verification
The information is essential for the business as it holds the very complicated kind of agreement between the business party. This will lead to misinterpretation of the data as the data they contain is usually different from one after another due to the different resource. But that will be not the case in the platform since the data flow will be guaranteed by one-way flow, and the data that will be received by the receiver will always be the same with one after another. This will make even the most complicated data could be verified and makes the agreement easier and more apparent as the data verification is no longer an issue. - Standardizing all form of data exchange process
For the company which has been integrated with the platform, the data flow and data exchange will be simplified and standardised to ensure exchange speed and efficiency. This will remove the confusion of the data exchange process which is ravaging the business nowadays as a different kind of business will have their unusual method of delivering their data. By this standardisation, the data will be much easier to read and interpret and reducing the data conflict even more, and creates a friendly business environment for everyone. The standardisation will be conducted by the platform, and the member of the ecosystem need to adopt this standard for their good. - Enabling easier governance
The data of the company is usually being used by so many actors, be it the other corresponding companies, the insurance companies, auditor, customer and so forth. Those data will be tough to be governed since the company need to pick which data will be sent to which party carefully. Any mistake concerning the data government will result from the data being used by the wrong person or the competitive business to ensure their domination for the industry. The platform will play a huge role in governing the existing data and thus makes the company more accessible to arrange their own and fasten the correspondence process.
THE LOYAKK VEGA ROADMAP
For more information concerning the feature of the platform, you may refer to these web pages.
https://loyakk.io/#whitepaper
https://www.facebook.com/loyakk
Tokenization and Token Sale
As we have stated above, since this platform is based on the blockchain platform, they will use the token for their currency for any transaction that will occur within the system. The token is based on the ethereal platform, as the value of this token is held by the community trust and the ethereum platform as well. There is only one way to obtain any token which is issued by every platform, which is to follow their token sale.
The token itself is named by the loyakk token, which falls into the type of ERC20. The token generation is about 177 million token, and the sale will sell about 60 million tokens. The worth of the token is about 0.65$ per token, and have a vestment period of about two years. The only way you can purchase this token is to utilise the BTC or the ETH. You will need first to exchange your fiat currencies for those token.
As for sale, uniquely the platform is not differentiating the kind of sale into three parts, such as the other platform did. Instead, they differentiate it via bonus statistic starting from 35% to 7%, from June 15th to August 31st. Currently, the bonus is in 10%, and this offer will end just about today, 16th August. The sale is nearing its end, so you better to hurry if you wish to join the platform. And one note, if you wish to join the sale, you might want to spend at least 200 LYK since that is the company regulation.
The token will then be distributed to several posts beside the sale, such as the founding team, the marketing team and so forth. The unsold token will be destroyed through smart contracts, and there will be no more token creation.
For further information concerning token usage and token sale, you may refer to the web pages below.
https://loyakk.io/
https://twitter.com/loyakkvega
https://t.me/loyakk
Posted by kurniawan05