Hey guys,

I’ve got an especially disruptive new project to review today called Loyakk, which is looking to change the way businesses operate and co-operate, all powered by blockchain technology.

Quick disclaimer: this project, like all I review, is new to the scene and is still under development so please always do your own research. Also remember this is my opinion and not financial advice; my content is for educational and entertainment purposes only.

Let’s jump right into it!

INTRODUCTION

Loyakk is essentially a blockchain based decentralized platform with a vision of modernising B2B operations, created to help businesses meet the existing and emerging needs of modern business operation, in addition to the promotion of efficient data transfer. Loyakk enables a new generation of secure and feature-rich business to business and business to customer interaction through their innovative platform, Loyakk Vega, which utilizes advanced blockchain technology to solve modern business operation challenges across many industries.

PROBLEMS AND SOLUTIONS

Companies currently suffer from the lack of an adequate platform to facilitate a proper relationship between partners, distributors, customers and contractors globally. This factor limits their growth and functionality greatly, as businesses are left to various employ cost and time-consuming operational solutions to remain at peak efficiency and effectiveness. This is where Loyakk comes in, with an aim to make these necessary operations simpler yet more effective than ever before possible.

Loyakk aims to change how businesses create value for customers and vice versa, in the new model of decentralized economy. Hence the creation of the Loyakk Vega Business Relationship Platform. Empowered by blockchain technology, the platform essentially provides a valuable solution for businesses by reducing communication time, increasing the security of information transmission and reducing bureaucracy within the business environment. The platform intends to achieve this by utilizing its vast network of distributors, vendors, and partners; a whole ecosystem is built around producing an effective next generation solution.

Loyakk’s platform also enables companies to efficiently exchange data and value within a secure medium and in a sensitive manner. The platform features patent-pending blockchain technology implementation while utilizing advanced enterprise relationship management mechanisms to solve modern challenges across industries.

Loyakk therefore promises to endeavour to revolutionize how companies deal with business partners, distributors, suppliers, contractors and their customers globally.

SPECIAL FEATURES

The most notable feature of Loyakk is its decentralised mechanism of operation itself, based on blockchain technology. The Loyakk platform and its ecosystem are structured like a tree with various nodes. The most notable feature here is Loyakk’s innovative use of smart contracts, ultimately enabling efficient data exchange, increased workflow and allowing for relational database management. All of these features are enabled while providing optimum data security to users of the platform.

Loyakk Vega, furthermore, tackles traditional business operation challenges by providing various innovative platform components; services designed to enable early and evolving blockchain use across industries are one component of Loyakk’s solution, with a roadmap striving for enterprise-wide blockchain implementation and digital transformation.

TEAM & TOKEN SALE DETAILS

The Loyakk team consists of a range of experienced professionals who have been the brains behind many successful past endeavours, bringing with them the expertise and directional knowledge needed for a project of this calibre. The team includes C.E.O and founder Salim Ali, CTO and Co-founder Jitu Telang, the Chief Product Officer Suresh Ramakrishna, and many other experts who work collectively striving for the success of the Loyakk project.

The Loyakk platform utilizes an ERC20 compliant token with the symbol LYK. Loyakk is currently holding a token sale in which LYK tokens are being supplied at the price of $0.65 per LYK, with 60,000,000 LYK being available for public purchase and a hard cap of $28 million.

The public token sale is expected to last until the 31st August, and more details can be found at the Loyakk website.

CONCLUSION

Loyakk is looking to no less than revolutionise how businesses create and deliver value, while simultaneously improve execution of contractual duties and security of transmitted information. The project’s innovative approach utilising blockchain technology and their native LYK token will enable a secure, efficient and effective business operational environment as never before seen.

The team is solid and appear serious about delivering their ground breaking solution to full effect, which will certainly be exciting to see.

I wish Loyakk well on their journey for a better vision of business operations and relationships!

LINKS

Website: https://loyakk.io/
White paper: https://loyakk.io/#whitepaper
Telegram: https://t.me/loyakk

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