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Commercial Issues

Businesses today face multiple challenges related to sharing of the secure data
and privacy their business partners, data reconciliation, contract disputes, inefficient processes and limited visibility governance within their business networks leading to billions of dollars lost annually due to increased costs and lost revenues.

How does Loyakk resolve these issues?

Loyakk's solutions resolve issues that lead to the annual loss of billions of dollars, through the Loyakk Vega Business Relationship Platform.
This patent-pending solution has been designed for secure, decentralized business-to-business engagement. It leverages blockchain technology to:
facilitate the permissioned sharing of data
standardize communication interfaces
accelerate the transmission of value in smart contracts
enhance the propagation of contractual obligations and security policies

This solution greatly improves security, efficiency and distributed governance across business networks.

Loyakk offers a patent-pending business platform that enables secure, permissioned sharing of data & value movement through smart contracts with business rules & security policies – leading to greatly improved security, efficiency & distributed governance.

Loyakk is a addressing a global business problem with a very large target market. These critical problems faced by companies across the world and across multiple industries can lead to billions of dollars in lost revenue and increased costs. The basis for our platform – built with patent-pending blockchain technology – is our in-house token LYK which protects & tracks critical business data across business networks.

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About Loyakk Vega Enterprise Relationship Platform

Loyakk Vega is an enterprise-grade platform that is being designed specifically for secure business-to-business engagement. It leverages patent-pending blockchain technology to support permissioned sharing of data, standardized communication interfaces, accelerated movement of value based on smart contracts and consistent propagation of business rules & security policies – leading to greatly improved security, efficiency & distributed governance across any business network.

The Vega Enterprise Relationship Platform will enable exchange of data, business context and value in a secure, permissioned, verifiable and immutable manner. Enterprises can share sales and deal data, actionable intelligence, leverage and drive automated processes via smart contracts and do business with anyone across the world as long as they create value for the end customer.

Loyakk is building the blockchain-enabled Vega Enterprise Relationship Platform to enable enterprises to connect, interact and exchange data and value with their various partners and customers in their business network. We will power Business Networks where data, information and value are exchanged based on complex business contexts, distributed relationship structures and legal agreements.

Who are Loyakk's customers?

Loyakk boasts its client network with its solutions being used by blue-chip customers including:

The Loyakk Vega Platform Benefits :

1.SECURE AND STREAMLINES DATA EXCHANGE;
Secures and streamlines information exchange, collaboration and engagement between members of the distributed business network.
2.ENABLES PERMISSIONED VISIBILITY AND ACCESS;
Enables permissioned visibility and access to relevant data by network members based on identity, relationship and business contexts.
3.DRIVES TIMELY AND ACCURATE MOVEMENT OF DIGITAL ASSETS;
Facilitates secure, timely & accurate movement of digital assets & value between participants – based on business rules & policies propagated throughout network.
4.ACCELERATES COMPLEX DEALS;
Accelerates and streamlines complex deals and projects involving multiple parties with smart contracts, and minimizes disputes through better data verifiability & provenance.
5.STANDARDIZES ALL COMMUNICATIONS;
Standardizes all interactions on the network, helps reconcile data from disparate sources and systems around a single, common version of truth that network members agree upon.
6.IMPROVES GOVERNANCE;
Ensures that all data and interactions across the ecosystem can be independently verified by customers, partners, auditors & regulators.

Token Details

Token : LYK (utility token) (ERC20 standard)
Current Release : 177,000,000
For Purchase by Users : 60,000,000
Price Per Token : $ 0.65 (before Bonuses)
Hard Cap : $ 28,000,000
Purchase Options : BTC or ETH
Employee Tokens : Will be issued only after Token buyers and will vest
over a period of 1 year

Full details as specified in http://www.loyakk.io/ #white-paper
Token Sale by Loyakk Ltd.

Token Purchase Conditions

() Tokens will be issued to Token Purchasers only after conclusion of
open token sale event
() Loyakk will accept payment after 6 confirmations for BTC and 60
for ETH
() Token reconciliation and settlement will be done in 8-12 weeks
after conclusion of Token Open Sale event
() Final number of tokens will depend on amounts contributed
() The timeline for initiation and publication of the Loyakk Index will
be communicated via www.loyakk.io
() The timeline indicated in The Loyakk VEGA Roadmap on
www.loyakk.io is subject to change
() Loyakk Ltd. retains the right to change, pause, postpone, stop the
token purchase, at any time for necessary period of time, due to
any reason
() No confidential / security information or keys will ever be sent to
your email
() We will not request any additional information from you as part of
the token purchase. Any attempt to do so should be reported to us
() We will contact you only via tokenpurchase@loyakk.co.uk
(++) Official Token Purchase info at: https://www.loyakk.io

A BUSINESS-READY FUNCTION-RICH ‘UTILITY+++’ TOKEN
The Loyakk token is required for all interactions across all Loyakk-powered private business networks. The LYK token carries data, enables critical functions that manage multiple levels of permissioning, and controls the propagation of data amongst the participants in the business network while providing full auditability across company boundaries.

Read more about the LYK token in our blog>>https://medium.com/loyakk-vega-blog