Merger and acquisitions (M&A) offers all organizations regardless of their size an opportunity to fast track strategic growth. By taking over the operation of another company via purchase, an acquirer has an unlimited access to intellectual property, critical research, human capital and all forms of assets at an accelerated rate compared to the in-house process. However, currently, the M&A process is outdated and flawed. According to data sourced from the Small Business Administration, at least half of US businesses with workers fail at the first five years. When businesses crash, they often lose assets such as technologies, human capital, and hard-won knowledge. In short, it can be described as a monumental loss. It is time to look for a viable solution and as a result of this, LEXIT was built by an experienced and professional team to increase the liquidity and efficiency of M&A transactions.
LEXIS seeks to solve these problems by using the following techniques illustrated below; the platform seeks to give all stakeholders comprising the buyers and sellers a global access to opportunity and assets. Also, the inclusion of field experts and assessors help determine the value of assets. The transactions are promptly executed due to the digital and secure deal room incorporated into the platform. In addition, the use of blockchain technology helps to enhance transparency and security. The promotion of communication and wider reach is also taken care of due to the international network of business stakeholders registered on the platform. Furthermore, the token economics helps to drive the engagement and improve the reward policy. By removing these barriers, LEXIT ensures that M&A transactions are completed within an estimated period of time and at a reduced cost.
The LEXIS platform is made up of two units which comprises of; the deal room and the marketplace that is powered by the blockchain technology. The ecosystem which accelerate the participation of sellers, LEXIT external and global partners, buyers and experts has been built to facilitate M&A opportunities to any entity or individual, regardless of their size. The marketplace will ensure that the platform gain access to more global M&A opportunities by giving unlimited access to all sellers irrespective of their financial capacity to create their auction listings for their firms and IP. The virtual deal rooms are safe and secured areas where all transactions, terms, as well as non-disclosure agreements are negotiated, signed and finalized. Since this particular section holds confidential documents, robust security systems will be used to mitigate risk of breach.
All forms of transactions, bids and valuations will be permanently stored on the blockchain through the smart contracts. When the transactional data are recorded on the immutable, tamper-proof ledger, it enhances the transparency and security of the platform. Asides this, the smart contracts eliminates all basis of trust between contracting parties. Because smart contracts are automated, users from different parts of the world can execute large transactions without signing any undocumented contracts. In addition, in order to ensure that the transactions are cost-efficient, the P2P transactions powered via the blockchain technology and the internal cryptocurrency system of the platform remove any form of processing fees. This enhances the transaction speed and also reduces the transaction cost. On the LEXIT platform, both emerging and established systems will be integrated. Established technologies like the smart phone apps, web development framework and databases coupled with the emerging technologies like the blockchain technology aided with the smart contracts system help to establish trust among all stakeholders.
In conclusion, the LEXIT platform was built to revolutionize the M&A operation. The use of blockchain technology helps to enhance the transparency and security of the platform. It is expected that this platform will enhance market efficiency and asset liquidity, while significantly reducing barriers and costs. As a result, all stakeholders involved in the transaction can gain from the robust acquisitions market and the healthy mergers.
To find out more about this project, here are some related links:
Website, Whitepaper, Telegram, Reddit, Twitter, Bitcointalk ANN thread
Writer's bitcointalk username: Anike01
Writer's bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1565368
Ethereum wallet address: 0x61Bc9bdB116AC8c1dBD096FC1170aB573854A169
