LOYAKK: DATA SECURITY REDIFINEDd

Blockchain has gained huge acceptance in recent years, and a lot of companies and businesses are leveraging on this decentralized, next generation technology to drive their business to the next level.

I have been an ardent follower of blockchain, cryptocurrrencies and crypto powered projects for about 3 years now, and there’s this unique, ground breaking project I'll like to share with you. Introducing LOYAKK!

WHAT IS LOYAKK?

Loyakk is a smart contract driven program which ensures security of data in business-to-business engagements. Companies are globally connected these days in form of their own corporate offices, partners, distributors and vendors. The information sharing between these entities becomes vulnerable because there is no such mechanism to guarantee that your data will not go beyond your business model. Loyakk is a Vega Enterprise Relationship platform which ensures data security, contract disputes, data reconciliation and bloated processes resulting in saving billions of dollars.

THE LOYAKK PLATFORM

Loyakk platform uses blockchain and smart contracts for sharing and collaboration data with their partners, vendors and distributors across the globe. This ecosystem is designed to provide secure information sharing and to save billions of dollars by preventing costly data breaches, IP theft and contract disputes.

HOW LOYAKK WORKS

Loyakk uses patent-pending blockchain technology which ensures that your competitors and other people who might be benefiting from your data can not copy or steal it. Through patent-pending extension, it is ensure that your data is protected. The breachers in this case are subject to pay the damages resulting from the data breach. As we all know that data is very valuable these days. Most of the companies are doing their businesses merely on the data from different sources. This platform will ensure that their data is secured.

PECULIAR FEATURES OF THE LOYAKK ECOSYSTEM

🔼Secure information sharing: In a business network powered with loyakk application your data is shared in a way that only the verified users can get access to it. The information is verified, permissioned and immutable which shows that your data can’t be changed or if someone attempts it, it will be recorded on the blockchain.

🔼Workflows: Data and information move among and between different entities. Sometimes this movement is manual and sometimes it is programmed. In any case of data movement, the ecosystem guarantees that no information should be supplied to irrelevant entity. It checks the relationship context, agreements, business rules and regulations before validating the data exchange.

🔼Relationship Management: businesses depend on relationships with people, organizations, vendors and distributors. This program has relationship management capabilities which allow you to create and manage relationship with more entities to maximize the performance of their businesses.

POSSIBILITIES ON THE LOYAKK PLATFORM

🔽Users can publish any type of content and manage it to their requirement. However access to the content is permissioned and controlled by the platform.

🔽Users can also communicate with each other with full sense of security about their private matters such as sharing customer information, confidential deals and critical data to increase performance.

🔽The platform provides analysis on data which helps the users to gauge the performance and use the relevant type of data and information into their business models.

🔽It provides a matchless relationship experience to everyone. This program provides a customized service based on your profile, location behavior and relationship.

TOKEN INFORMATION

PreICO Price

1 LYK = 0.50 GBP

Price

1 LYK = 0.50 GBP

Bonus

Available

Bounty

Available

Platform

Ethereum

Accepting

BTC, ETH

Minimum investment

200 LYK

Hard cap

30,000,000 GBP

Country

Whitelist/KYC

Whitelist

Restricted areas

USA

CONCLUSIVE THOUGTS

The success of any project can be measured by it’s ability to solve problems. The LOYAKK project is structured to ensure data security, contract disputes, data reconciliation and bloated processes in order to help their client maximize profits.

I will like to say, at this point, that the ideas presented in this article is just a summary of the enormous possibilities that the LOYAKK project holds and offers to corporate entities and even individual users. I, therefore, strongly recommend everyone to read through the LOYAKK whitepaper for a better grasp of this prodigious venture. Below are some other useful channels for updates on the LOYAKK project.

Website:

https://loyakk.io/

Whitepaper:

https://loyakk.io/wp-content/uploads/2018/06/Loyakk-Vega-Business-Overview-O24-2.pdf

Telegram:

https://t.me/loyakk

Medium:

https://medium.com/loyakk-vega-blog

Facebook:

https://web.facebook.com/loyakk/?_rdc=1&_rdr

Youtube:

https://www.youtube.com/channel/UC65iEvKT10Hlmn5iSB5SD-w