Obizcoin is the project of a business entity known as Your Retail Coach (YRC) which has been operating in India for years, rendering business management solution services to business startups and Small and Medium Enterprises (SMEs). They have been helping their clients to develop both internal and external business processes. implement them by aligning the team, integrate processes with their ERP &audit the operational performance of the organization. Your Retail Coach however wishes to take advantage of the newest technology that is driving a lot of innovation in various facets of human endeavors, the blockchain technology, to take its already successful business model to the decentralized market.
Your Retail Coach is developing a knowledge BOT which can help business startups and SMEs scale business challenges. Obizcoin’s BOT is a decentralized business process management application. Excellence in business management will be achieved by developing Standard Organization Procedures (SOP) for organizations in accordance to best industry practices. Standard operating procedures are a set of instructions that address the who, what, where, why and when of an activity. It defines the responsibilities, authorities and reporting structures of every hierarchy within the organization. These processes can be customized by the businesses to meet their specific requirement. The BOT can perform other functions apart from developing the business process, it can help implement and monitor its implementation as well as help team align with the process. It helps business startups and SMEs to build a strong business and reduce the chances of management failure.
BOT will categorize organization according to size and industry. It will have in built processes designed for every department in the organization. It will be capable of developing and improving business processes with the help of Ethereum blockchain Technology. It will equipped with domain knowledge of specific businesses. Its domain knowledge pool of BOT will keep on widening with new business domain knowledge additions. In a competitive environment where technology is rapidly changing the continuous improvement of the business processe of companies becomes one of the critical success factors for companies to succeed. With expert domain knowledge, BOT will help the business to take appropriate process decisions that will ensure that their business can fulfil the demands for today and tomorrow. Appropriate decisions will lead to balanced and sustainable growth of the company. BOT is fitted with a SWOT system which will enable the BOT capture usable data from a wide variety of sources. The data will then be used to conduct SWOT analysis on the system. It will be capable of executing smart contract which will enable organizations to automate repetitive and definite task such as handling vendors and suppliers. This will help organization to make the business processes to be transparent and secure. This smart contract can enable automated employer rating. It will also execute rewarding due to the smart contract will execute the financial transactions such as payroll incentives, bonus and commission depending on predefined conditions. This will act as motivation to employee as there would be complete transparency in delivering expected entitlements and rewards. BOT will use artificial intelligence to conduct audit on the organization to ascertain the overall operational growth at the micro level. Hence the Obizcoin BOT will design business process, align team with the process, monitor the progress of the system, review its efficiency, reward team, upgrade business process and carry out operational risk score analysis. it will be It will help businesses scale through industry challenges. You can click on the following link to view their white paper https://www.obizcoin.io/images/Obizcoin-Whitepaper.pdf
The Obizcoin BOT would be very beneficial to business process consultants. They will not have to spend huge time and energy trying to see if client have been following the process they have suggested or whether they have deviated at some point as the Obizcoin BOT shall help them collect all the information they require to carry out their services.
Obizcoin is organizing a token sale to raise fund to sponsor the project. OBIZCOIN token is an ERC-20 compatible token. Obizcoin tokens are utility tokens that would be used by token holders to pay for services on the Obizcoin BOT Application. The symbol for Obizcoin tokens will be OBZ. The total number of OBZ available for circulation is 300 million OBZ tokens. 270 million OBZ tokens which represents 90% of the entire token will be offered to the public during the ICO. 8% of OBZ tokens will be distributed among advisors while the remaining 2% will be used for bounty. Click on this link now to purchase their token https://www.obizcoin.io
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