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      "body": "Platform\nLoyakk Vega is a blockchain-enabled Decentralized Business Relationship Platform that enables enterprises to securely and efficiently exchange critical data and value within their business networks and in a contextual and relationship-aware manner. The Loyakk Vega Platform embeds proprietary patent-pending blockchain technology implementation with advanced enterprise relationship management capabilities to address modern business-to-business engagement challenges across industries. Loyakk Vega powers a full stack solution that includes the critical application and platform components and services that’s designed to readily enable early and evolving blockchain use cases across industries while supporting a firm’s vision and roadmap for enterprise-wide blockchain implementation and digital transformation.\n![](https://steemitimages.com/DQmV4QJZNGjNLAcZEbHMJbVWdfyxPZpxRbz586LV46xmRL4/image.png)\nLoyakk Vega Business Relationship Platform Stack Version\n\nMission\nLoyakk’s mission is to transform how businesses create and deliver value in the new decentralized economy with their globally distributed network of partners, channels, distributors and vendors. Businesses today face multiple challenges related to data security and privacy, data reconciliation, contract disputes, inefficient processes and limited governance within their business networks leading to billions of dollars lost annually due to increased costs and lost revenues.\nLoyakk is addressing these real world challenges through our patent-pending blockchain-enabled Vega Business Relationship Platform. Loyakk Vega is an enterprise-grade platform that has been designed specifically for secure, decentralized business-to-business engagement. It leverages patent-pending blockchain technology to support permissioned sharing of data, standardized communication interfaces, accelerated movement of value based on smart contracts and consistent propagation of business rules & security policies — leading to greatly improved security, efficiency & distributed governance across any business network.\nTransform Business Network Interactions and Sharing of Critical Data & Value\nThe Loyakk Token enables Permissioning, Standardization and Propagation of Data, Value & Rules across the Business Network.\nFrom Centralized, Chaotic & Unsecure\n![](https://steemitimages.com/DQmNguUXeX33BJ78L82sAtFqoFJLarXjxXqNrFSQAxnzfuX/image.png)\n            ![](https://steemitimages.com/DQmeKeR7PLoJv9i3564bkcUAdt7TL92tm4buCiZzczhmpzh/image.png)\n\nTo Decentralized, Protected & Context-aware\n![](https://steemitimages.com/DQmXFmsfFcCbhbriRcxFxptLPNqzU9tNVbs73ZyR1CC4XYE/image.png) Loyakk is run by a bluechip team with a potent mix of enterprise software DNA and technical capabilities spanning enterprise software and blockchain capabilities. The team has filed multiple Blockchain Patents, worked on Hyperledger Fabric and Quorum based applications, built Stock Option Trading Systems at ETrade, and High-Frequency Trading Platforms at CMT and Pension. The business leadership has led the creation of multi-billion dollar solutions, and orchestrated global marketing efforts at SAP, Oracle-Siebel and VMware.\n\nIndustry Value Webs — Powered by Vega Business Relationship Platform\nHigh-Tech Industry Value Web\nEnterprises will reimagine how they manage their high value business by better leveraging relationships across their business networks. By bringing partners, vendors, contractors, resellers and other sales agents into a common network, businesses will be able to transform how they sell, implement and support complex technology solutions. The Loyakk Vega platform enables secure, permissioned sharing of deal, project and IP information, verifiable project tracking and relationship-aware smart contracts drive services delivery and compensation with contractors & vendors. All these capabilities helps drive accelerated deal and project execution; improved overall deal & project profitability while greatly reducing project risks.\n\nIndustry Value Webs — Powered by Vega Business Relationship Platform\nHigh-Tech Industry Value Web\nEnterprises will reimagine how they manage their high value business by better leveraging relationships across their business networks. By bringing partners, vendors, contractors, resellers and other sales agents into a common network, businesses will be able to transform how they sell, implement and support complex technology solutions. The Loyakk Vega platform enables secure, permissioned sharing of deal, project and IP information, verifiable project tracking and relationship-aware smart contracts drive services delivery and compensation with contractors & vendors. All these capabilities helps drive accelerated deal and project execution; improved overall deal & project profitability while greatly reducing project risks.\n![](https://steemitimages.com/DQmVJ5X6mc2Cj62GZ32C8U3Tri6egDscEYvo34Njg2xiEJE/image.png)\n\nInsurance Industry Value Web\nA distributed value web powered by Vega can enable the insurer and various third parties to easily and instantly access and update relevant information (e.g., claim forms, evidence, adjustor reports, police reports etc.) and efficiently execute their roles via pre-established smart contracts. With Vega’s ability to provide a shared data repository / ledger across multiple trusted parties in the value web, Insurers can independently verify the authenticity of customers, policy contracts and transactions by storing a complete historical record, increase the velocity of the quote and policy issuance and reduce or eliminate errors in the process.![](https://steemitimages.com/DQmak4WVenemCTUme6Aj4ZEdDiG4rXLt4HtYhbxkbprsqCm/image.png)\n\nBenefits\n\n\nSecures and streamlines information exchange, collaboration and engagement between members of the distributed business network\n\n\nEnables permissioned visibility and access to relevant data by network members based on identity, relationship and business contexts\n\n\nFacilitates secure, timely and accurate movement of digital assets and value between participants based on business rules and policies propagated throughout the network\n\n\nAccelerates and streamlines complex deals, projects involving multiple parties with smart contracts, and minimizes disputes through better data verifiability & provenance\n\n\nStandardizes all interactions on the network, helps reconcile data from disparate sources and systems around a single, common version of truth that network members agree upon\n\n\nEnsures that all data and interactions across the ecosystem can be independently verified by customers, partners, auditors & regulators\n\nTestimonials\n\n“Blockchain-powered business networks is a very compelling notion when you consider the needs of business to streamline & secure interactions across the business partner network. Loyakk’s vision and platform to create decentralized Value Webs holds much potential”.\nAnthony Thomas, \nGlobal CIO, Nissan Motors\n\n“Blockchain will impact industries well beyond FinTech. Loyakk will be the disrupter in enabling businesses to create networks powered by Blockchain”.\nErwin A Rezelman\nCTO, Zurich Latin America\n\nPartners\n\n![](https://steemitimages.com/DQmPf8wk9zsm6bGAwxtYa58qzy1SdRMfeH4zaVsxYnZ5WuR/image.png)\n\n![](https://steemitimages.com/DQmWvk1Qs2ADG2WeZVAcY9Un1UL8kYpQudPYD2Gq3fvNRbJ/image.png)\n\n![](https://steemitimages.com/DQmWFpYMoTjahLX8oy5PkqoiQsy4pPs5Qd4KEe3AqWTEjh3/image.png)\n\n![](https://steemitimages.com/DQmUB8vPU8GXWnLiguKeM4aUP3tgVqiAwhYK6kMKYVETzgd/image.png)\n\n![](https://steemitimages.com/DQmZfetccSxhz4Mx4FooQTpJqBodefZSD8pEgJxchaJPgoJ/image.png)\n\n![](https://steemitimages.com/DQmQ7Xm7uMVyT9jYBXnM98q196wersbhvcpvj51iVCHZK1k/image.png)\n\n![](https://steemitimages.com/DQmeCFTyhmtyAF6bsuGkVmiP9cB2GX85xAPBeckoAAQzwju/image.png)\n\n\n![](https://steemitimages.com/DQmRwKD1u8G41J6oneohBhjnhCHidq83SBRi5e2Dai363TJ/image.png)        The Loyakk VEGA Roadmap\n\nOur Team\n![](https://steemitimages.com/DQmNQRsivKkQBE8xskzHdceNzytfKG7LdRC3M3dzR8mrw4F/image.png) Salim Ali-CEO\n\n![](https://steemitimages.com/DQmVPj4XCtamPJeG5By1HKLuKfrqPyvy28MDdFZmgyRR1TT/image.png)Jitu Telang-CTO\n\n![](https://steemitimages.com/DQmXkaKuHerdTZyMQWMM8vFqQFfVX1rYRQzbAtkJncGYSSu/image.png) Tsvetan Georgiev-Blockchain Technical Architect and Development Lead\n\n![](https://steemitimages.com/DQmT6qaWyTwDooHGJNJU6HBUTu8SYgHbz3vNNowqAx28xRv/image.png) Jimjees Abraham-Blockchain Solutions Architect\n\n![](https://steemitimages.com/DQmf4gCAv5uS6eFNagSZtQ4FvgawKSFJqbQ1NsXGsRm8Ghi/image.png) Jaijiv Prabhakaran-Chief Architect\n\n![](https://steemitimages.com/DQmRoZfD3CgHBohB15qKt1rjukVKftcFZ9LnM6Bvj4iSk2h/image.png) Marzanne DeLoof-Customer Success\n\n![](https://steemitimages.com/DQmVs3tvWny713supxwEMGGTK7iDFGbnVUw2ipd3yum34re/image.png) Rakesh Sreekumar-Chief Marketing Officer\n\n![](https://steemitimages.com/DQmRyJ2HadA2w4wJ3fBDo5JjrGMMYLNvNVs9UPK4BxVFyZc/image.png) Sadiq Quasim-Director, Loyakk Ltd.\n\n![](https://steemitimages.com/DQmWSaG2rQeGFqF6vGgBpCas4rJmBSWy5782fAv9wMKgywJ/image.png) Anthony Thomas-Advisor, Global CIO, Nissan Motors\n\n![](https://steemitimages.com/DQmdPbnuhRwTQEMb16fcYH29Juc7zCcGHQpKa897Lo8u7H9/image.png) Patricia Hatter-Advisor, ex-CIO , McAfee\n\n![](https://steemitimages.com/DQmSdZkU2AQJdkk8gQgYfrWCbDWCzaZD4A9PaabZZLVrRu6/image.png) Jonathan Becher-Advisor & Investor, Chief Digital Officer, SAP\n\n![](https://steemitimages.com/DQmdkAeAusDmx3pbKsL7s6ykzyhgQ9NfrTG5aWydPXfpjtC/image.png) Gerry Mcclement-Investor, Director, ‘Big 4’ UK Bank",
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      "title": "Loyakk Vega — The Platform for Decentralized Business Networks Blockchain-enabled Business Relationship Management"
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