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Bikdata Is Revolutionizing Blockchain While Promoting Social Good

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(Credit: Bikdata Is Revolutionizing Blockchain While Promoting Social Good) Bikdata Is Revolutionizing Blockchain While Promoting Social Good
September 18
4:05 PM 2021

They protect assets and set organizational boundaries. They establish and verify identities and chronicle events. They govern interactions among nations, organizations, communities, and individuals. They guide managerial and social action. And yet these critical tools and the bureaucracies formed to manage them have not kept up with the economy's digital transformation. They're like a rush-hour gridlock trapping a Formula 1 race car. In a digital world, the way we regulate and maintain administrative control has to change. Blockchain promises to solve this problem. The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically. 

This is where Bikdata can alleviate some of the friction points that are not addressed right now. The goal of BIKDATA is to join and gather all data from ERP systems into a single and secure blockchain; that is readable and can be verified at any point intime. By importing up the data obtained from an ERP platform, BIKX has a purpose that no other token has, the ability to structure a company's own data asset; because today, even data is an asset and must be treated accordingly. Bikdata learned that the financials produced by entities all around the world are an untapped resource. By slating them in a blockchain, we can create transparency and redundancy of the date. Corporations joining the Bikdata platform will be leveraging their own assets for their own benefits as well as other member corporations. Member corporations would be the main governors of the blockchain. By consensus, the council of member corporations will play a critical role in the development and maintenance of the project, rendering Bikdata as only a member in equal parts as the member companies. 

BIKDATA is led by Ayman "EYEMAN" Kabalan who is an SAP expert with 19+ years of Database programming, Database encryption and Database analysis. Mr. Kabalan has partnered up with a team of individuals from the world of international banking, finance, payments and international sales and distribution to create the BIKDATA team. This team fully understands that the biggest unrealized asset a company has it is data and the days of looking at it like a liability to store are gone. BIKDATA is prepared to create a new asset class where businesses around the world are empowered by utilizing their dormant or current data to generate revenue and build sustainability.

The fact that Bikdata is scalable, interoperable, and sustainable has made the performance a perfect fit for the next generation of Blockchain technology. One of the most important components to Bikdata is that we utilize dormant or lie data to produce revenue and give back to underdeveloped countries. The fact that we use data to create a new asset class and generate revenue from this data has made us very conscious of the fact that we are privileged to be in the data monetization field. As a matter of fact, ten percent of all net profits generated by the business and Bikdata are put aside for social and community impact. The end goal is to help and develop STEM related fields in poverty driven countries with the hopes of making a large difference in the world. Bikdata has a focus to ensure that with growing profits, we collectively contribute to a corporate social responsibility of impacting regions less fortunate. 

Disclaimer: Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. BikData does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will BikData and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages. 

Copyright © 2021 BikData X Limitada. All rights reserved. BikDataTM and other products referenced herein are either trademarks or registered trademarks of BikData X Limitada. Other product and company names mentioned herein may be trademarks of their respective owners.

© 2021 VCPOST, All rights reserved. Do not reproduce without permission.
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