Zygot ERP-The Next Generation ERP Software
The invention and development of blockchain technology has continued to chart a new course for mankind. Before the invention of this technology, mankind had a lot of issues that needed urgent attention. we’ve witnessed a lot of changes in not just the financial aspect of the world, but also in our general perspective of life.
This post will focus on one of the next generation enterprise resource planning system (ERP) software known as Zygot.
What is Enterprise Resource Planning System (ERP?)
Wikipedia.org defines enterprise resource planning as the integrated management of core business processes, often in real-time and mediated by software and technology. This kind of system automates and helps the organization to gather, store, manage and interpret data from the many business activities.
Having an enterprise resource planning system also helps the firm have and maintain a database of their core values. It also helps them track their business resources, business commitments and aids the flow of information within the organization.
The Enterprise resource planning system software industry remains one of the multibillion-dollar industry in the world because of its importance and services it renders to business organizations.
What is Zygot Enterprise Resource Planning?
I may define Zygot enterprise resource system as a decentralized open source intelligent enterprise resource planning solutions platform that integrates the management of core business processes and uses the many advantages of blockchain technology.
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How will the enterprise resource planning system be transformed by Zygot?
The importance of enterprise resource planning is enormous. Despite the good job that the available enterprise software has delivered, there are still notable issues that require urgent attention. Some of these issues include:
- Adaptability
- Data vulnerability (data leaks and manipulation)
- Difficult Integration (lack of standards, and protocols)
- Inefficiency
- The high cost of maintenance
- Trust issues
A lot of enterprise resource planning users have battled with these issues for a while and had no solution in view. These issues are some reasons Zygot ERP was developed. Zygot ERP uses the power of the blockchain to allow reliability, security, and data sharing across a p2p (peer-to-peer) network. Being on the blockchain also enables the tracking of transactions, improved privacy and efficiency, transparency, and trust in the enterprise resource planning solutions system.
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Since Zygot ERP is on the blockchain, trust issues and data vulnerability are completely off the table because the data is held in blocks. Data held in blocks on the blockchain cannot be altered or manipulated. This is because the blockchain always provides evidence of every transaction.
Providing solutions to most of the fears of ERP users have truly transformed the enterprise resource planning system.
World’s first decentralized ERP market place on EOS
Zygot ERP is the world’s first decentralized ERP market place on the EOS blockchain.
Being on the EOS blockchain offers a lot of advantages which include:
- It uses blockchain technology. This ensures that the solution is compliant, scalable, interoperable, flexible, secure and has a high level of privacy.
- The smart contracts on the EOS blockchain allow strangers to agree on a trust-less environment.
- The EOS blockchain is the most scalable blockchain in the industry because of its ability to process and scale over a million transactions per second.
- Despite its scalability, transactions are instant and free. This will help users send and receive funds free.
- EOSIO software is also a free-for-all derivations project.
The power of open source in enterprise
Having an open source enterprise resource planning platform enables users to request new features. There is a special joy that an individual feels when his/her voice is heard. Being open sourced also helps the platform to have good maintenance and sustenance rate. Developers are also free to go through the user’s dashboard and take on any suggestion that will make the platform better while getting paid from the aggregated coins from the user.
Enabling interoperability between companies with Zygot and EOS
One major advantage of Zygot is the Inter-operability where the software shares information between two companies and also allows a third-party application to integrate with the engine seamlessly.
One good thing about this process is that a third party can be given full access to the data. The company can also decide to give the third party access to tailored or specific data only. This gives room for data sharing and helps the growth of companies involved.
Transforming business intelligence with EOS and Zygot
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Zygot brings a lot to the table. Its blockchain features provide the needed data security required by any firm. Its ability to share tailored or specific data with a third party makes it one of the best in data sharing. Zygot ERP offers the ability to create an immutable history timeline and simplified auditing. The scalability and speed of the EOS blockchain provide a worry-free environment for work.
Elimination of inefficiency, lack of trust, high maintenance cost and storage of data in blocks makes Zygot ERP the best way to transform your business intelligence.
Token
Zygot has a utility token known has the Zygot token.
This token remains the core resource that powers the Zygot Enterprise resource planning engine.
Some major functions of the token include:
- The Zygot token will fuel the smart contracts that are used as a mechanism for interoperability between different instances of the engine.
- It will be used for the general governance of the system.
- It will be used to unlock modules. Users will have to stake a certain amount of tokens based on the modules they want to unlock.
- The total supply of the Zygot token stands at 100,000,000.
Conclusion
Zygot enterprise resource planning is truly enabling enterprise interoperability.
Using the blockchain has really given them a boost and set them apart from the competition. As, the first Blockchain ERP, I expect lots of development over time. I’d like to know your views about this awesome project.
Disclaimer: The views expressed in this article are entirely my view and do not reflect the mind or view of anyone else.
Resources
I wrote this post and all its contents based on my experience, research, knowledge, and personal use of the Zygot platform.
Most images are from my usage screenshots, and I provided links to all external images where applicable.
Links and References
ZygotERP: https://zygot.io/technology
Medium: https://medium.com/@zygoterp
Twitter: https://twitter.com/Zygot_erp
Telegram: https://t.me/ZygotERP
LinkedIN: https://www.linkedin.com/company/zygot
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• ERP--Enterprise Resource Planning System
Every establishment, firm or what have you main goal is usually to make more profit while reducing the daily cost to run the organization as little as possible.
Zygot ERP brings that feature to reality, running on the blockchain means less expenses would be required for day to day activities.
Security is becoming a major concern, be it offline or online, users always find ways to exploit an existing system, while Zygot uses the blockchain technology (blocks producing) data manipulation becomes almost impossible if not impossible, meaning security is top notch.
With almost instant transaction and a suggestion features where users can air their view.
With time, Zygot ERP is going to be adopted by both big and small enterprises.
Nicely written post about the features of blockchain and how Zygot uses this to their advantage. 👍
Well said @otemzi.
A blockchain based ERP not only reduces daily operational costs but also guarantees security and transparency.
Zygot is really a dream come through.
Great work @dongentle2! It's exciting to see new ideas coming up in the crypto-world that can also be used in the 'real' world. And if it's something that's already in the real world, and now aiming to use blockchain technology, then the sky's the limit.
It's really amazing to see Projects use Blockchain technology To solve real live problems ... Maybe the sky is actually the starting point ☺... Thanks for stopping by @misslasvegas
Zygot is opening the door to a whole new world of possibilities. Being built on the EOS blockchain is an excellent choice considering the enormous benefits in running the project on the eos blockchain in particular and the blockchain in general.
Using zygot affords an enterprise the much needed competitive edge over others in the business world.
Very correct @sammynathaniels. With projects like Zygot, the blockchain will surely take over the mainstream ERP. A lot of businesses will be grateful for this opportunity.
Platforms like this sitting on the blockchain technology make the whole movement more interesting by the day. Zygot seems like a good catch, thanks for the details, I'll definitely check it out. I should find myself on the EOS blockchain soon too, seems a bunch of great things are going on there. This is great knowledge sharing. Thank you.
A lot of great things are happening on the Eos blockchain, and Zygot remains one of the best projects in that Blockchain.
I'm glad you're planning to check them out @wakkylyon.
I'm completely new to the whole ERP concept and the idea of integrating blockchain technology into business management is coming at a time when a lot of companies spend a lot of money on resource planning, HR issues and the likes is an amazing idea. I'm going to keep an eye on this project.
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Zygot saves them all the stress, and even reduces costs. It's nice to know you'll keep tabs on them. Thanks for stopping by @belemo
Well written, bro.
With the amazing technologies backing up Zygote ERP, I can say that it will chart a new revolution in blockchain space. I got to know about Zygote not quite long ago, and I believe that it will gain massive adoption
The features and excellent service delivery will surely help it gain mass adoption faster than a lot of people think. Thank you for stopping by my post @samminator
Heard alot about zygot got to check it out yesterday and I think I love what they are doing. Nested on eos is a very big advantage. Your write up explained it all. Well documented. Thanks for this. Alot of information
Thank you @drigweeu for stopping by my blog. I'm sure they'll make a difference in the ERP sector.
What the Zygot team is trying to accomplish is quite exciting and it is a perfect example of the amazing innovations that are only possible thanks to blockchain technology.
You did a great job with this article @dongentle2. Top notch work!
Thanks a lot @dedicatedguy.
Let's brace up because a lot more wonderful Ideas will happen on the blockchain.
In my opinion, ERP software is a very important resource to be on every platform. The ERP system will certainly facilitate interaction in space, especially in building interactions from one contact to another. This is the main capital that will drive the platform to work well. Moreover, if the platform is a marketing center that can read data in real time. It is very fortunate if ZYGOT is now present as a future generation for decentralized ERP.
Thanks for big information.. Amazing...
Thank you for stopping by @ponpase.
Zygot has truly changed the future of the ERP industry for the better.
Zygote is a great place for enterprises to experience a great deal of planning resources and also to help them with transparency,and a reliable way of transactions. Zygote is powered by eos and seeks to give out the best of experience to enterprises
Having trust on a system is a very important achievement. With Zygot, businesses will be rest assured that their data is in safe hands.