LOYAKK — BUSINESS ENTERPRISE NETWORK SOLUTION

ICO Experts
4 min readOct 21, 2018

Organizations and enterprises carry out their day to day activities to make basically to make profit and satisfy their customers. These activities include product creation, rendering of services, product marketing, and distribution, contract negotiations and deal signings, customer service and relationship management, and lots more. A lot of communications and information flows in business enterprises environment both internally (within the organization) and externally across other business organizations, partners, vendors, customers, etc.

Currently, enterprises and organizations collaborate, communicates and exchange information using centralized platform which is less secure and less efficient with a high risk of data or information leakage which could spell doom to the organization. Imagine where an organization’s business secrets or product formula is leaked and their competitors happen to get hold of the information. It could mean the end of the business.

Other challenges faced by the present day businesses include:

· Security and privacy of information

· Issue in data reconciliation

· Disputes in contracts

· Inefficient business process

To solve these challenges and ensure business enterprises and organizations run efficiently and more securely, Loyakk Vega blockchain based platform was created.

Introducing Loyakk

Loyakk vega enterprise is a blockchain based platform designed to ensure secure business-to-business engagement. It will ensure improved security, efficiency and distributed governance across business networks.

Loyakk will change or transforms the way companies and organizations relate, communicate and share data with other enterprises, business partners, distributors, customers, channels, and vendors across the world. It will also help organizations save huge amount of money which could be lost through data or information leakage, contract disputes, and IP thefts.

Below is a video Presentation about Loyakk

Loyakk platform Key Features and strength

They include:

· Loyakk provides a secure information exchange platform where users can get access to verifiable, permissioned and immutable data.

· The platform support data workflows across organizations and business network which can be controlled and tracked by individual parties.

· Loyakk’s unique relationship management feature enables enterprise and organizations to effectively create and better manage participants relationships which will in turn yield optimum output.

· The platform ensures that information exchange between members of an enterprise ecosystem and well streamlined and secured.

· Loyakk platform ensures complex deals and projects between different parties are well streamlined and accelerated as well as eliminating disputes through data verifiability and provenance.

· It ensured all data and communication from various sources of a business network are standardized.

· Loyakk platform improves governance by given customers, partners, vendors, auditors, and regulators access to independently verify all data and transactions of the platform.

Loyakk Token Details and Statistics

· Token: LYK.

· Platform: Ethereum

· Token sales end date: October 31st, 2018

· Currencies accepted for LYK token purchase: BTC and ETH

· LKY token currently released: 177,000,000

· Loyakk Project Hardcap : $28,000,000

To purchase LYK token, visit https://loyakk.io/

Token Distribution Formula

· Token Sale — 34%

· Team — 18%

· Advisors — 7%

· Strategic Partnership — 14%

· Incentives & Rewards — 16%

· Developer Bounty — 11%

Loyak Use of Capital Raised

· Product development — 45%

· Operation — 45%

· Sales & Customer Adoption — 10%

· Administration — 10%

· Marketing — 15%

Loyakk Project — Core Team Members

The success of any project is greatly determined by the team that makes up the project. It is my pleasure to inform you that Loyakk team members are experienced and seasoned industry professionals led by Salim Ali (Loyakk CEO) who has vast experience in Blockchain technology, enterprise applications, big data platforms, and in enterprise marketing and solutions.

Below is the screenshot of some of the team members

Loyakk Roadmap

Any project that does not have a plan will surely fail. Loyakk has a well-detailed plan, otherwise called a Roadmap containing the project milestone at every stage of the project.

Below is the pictorial representation of Loyakk Roadmap

Conclusion: Based on the unique strength functionalities and solutions which Loyakk will bring to the world of business enterprise, coupled with the strong and experienced team that is behind the project, I have no doubt that the project will surely be a success.

For further information about Loyakk or how to purchase Loyakk token (LYK), kindly visit any of the links below:

Loyakk Official Website: https://loyakk.io/

Whitepaper: http://www.loyakk.io/#white-paper

Telegram: https://t.me/loyakk

Authorship

Bitcointalk Username: dontigana

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2164200

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