LOYAKK REVIEW

A Blockchain that enables Decentralized Business Relationship Platform

Loyakk’s is a patent-pending business to business (B2B) blockchain platform called Vega Relationship Platform (VEGA). Loyakk helps businesses improve their relationship and responsibilities to other businesses within their network.

Loyakk is a company that addresses a global business problem with a very large target market. These serious problems faced by companies around the world and in various industries can result in billions of dollars in lost profits and increased costs. The foundation of the platform, built on patent-pending block chain technology, is our internal LYK token, which provides protection and tracking of critical business data across enterprise networks.

The Loyakk Vega Platform embeds proprietary patent-pending blockchain technology implementation with advanced enterprise relationship management capabilities to address modern business-to-business engagement challenges across industries.

Loyakk Vega powers a full stack solution that includes the critical application and platform components and services that’s designed to readily enable early and evolving blockchain use cases across industries while supporting a firm’s vision and roadmap for enterprise-wide blockchain implementation and digital transformation.

LOYAKK VEGA AS A PLATFORM:

Loyakk Vega devised a single key to all the problems being faced at once. With an authoritative technology such as Blockchain taking over the potential field of businesses all the problems were crushed and finally became immune to all the glitches identified. Blockchain secured data by providing a decentralized system; this evaded all the possibilities of data leaks and built a protected data storage system. It was studied that the loss due to data leaks alone will be around $2 Trillion USD by 2019. The huge losses to the firms were innovatively checked by Loyakk Vega's solution. Data leaks also play a big role in many other different frauds indirectly, these too account for huge losses to the businesses, and data leaks are a result of unauthorized access to important data. Data is finally stored in a reliable platform providing security to potential information with Loyakk Vega taking over.

Advantages Of Loyakk Vega Platform

Secure and improve the trading of data, coordinated effort and commitment among individuals from a disseminated business organize

Enables reasonable perceivability and access to pertinent data by arrange individuals in light of the setting of character, relationship and business

Encourage sheltered, convenient, and exact development of computerized resources and qualities ​​among members in view of directions and business approaches that are dispersed over the system

Quicken and smooth complex assentions, multi-party ventures with savvy contracts, and limit question through better data check and starting point.

Institutionalize all associations on the system, accommodating data from various sources and frameworks around a typical form of reality affirmed by organize individuals.

Loyakk can totally kill those dangers since all exchanges and data is safely recorded and put away on blockchain forever. In that capacity, Loyakks VEGA platform esteem is gotten from giving the accompanying three (3) key usefulness regions:

Secure and quick data trade (exchanges)

Work processes

Relationship Management

Loyakk diagrams a few utilize cases from IT, protection, riches administration, and life sciences medicinal services (LSHC) businesses in their whitepaper, yet their platform can without much of a stretch apply to pretty much any worldwide industry.

For a more profound comprehension of Loyakk's VEGA idea and usefulness, please allude to their whitepaper for illustrations, for example, their application layer's arrangement of use modules (client commitment, accomplice administration, channel speeding up, merchant administration, provider administration) and platform center segments that drive everyday cooperations/exchanges.

Loyakk's ICO is slated to start on June 15, 2018 (see ICO DETAILS and PROCEED ALLOCATION area for more points of interest).

Income MODEL

Loyakk will expect organizations to buy licenses to utilize the platform's administrations (see graph in "Definite THOUGHTS" area) and execute with other platform elements. From perusing their whitepaper, it seems as though they will offer an extensive variety of permit bundles and enable substances to buy a level/estimate that will suit their normal use, anyway it didn't state on the off chance that they want to likewise charge platform exchange expenses.

Token Details & ICO

Token Symbol: LYK (utility token) (ERC20 standard)

Total Supply: 1,000,000,000

Current Release: 300,000,000

For Purchase by Users: 60,000,000

For Purchase by Businesses: 123,000,000 (not permitted to resell) & Incremental Incentives

Price Per Token: £ 0.50 (before Bonuses)

Purchase Options: BTC or ETH

Unsold Pool: For use by larger Enterprise Customers (not permitted to resell)

Employee Tokens: Will be issued only after Token buyers and will vest over a period of 1 year

Token Contribution Distribution

Token purchase contributions through the token purchase will be utilized for product & development, to run the operations, for

marketing , purchases & customer adoption success and for legal and administrative expenses that Loyakk will incur in the course

of business. The token contributions will be utilized as follows:

Use of Funds

Product & Development: 45%

Operations: 20%

Marketing: 15%

Sales & Customer Adoption 10%

Legal and Administrative: 10%

TOKEN Purchase:

ICO starts on February 23, 2018

No Tokens will be issued before conclusion of open token

Purchase

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 purchase 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

Official Token Purchase info at: https://www.loyakk.io

Road Map

· November 2015

Launch of the Customer Relationship Platform

· January - October 2016

Incorporation of Blue chip clients (SAP, infosys, Abbott, Novartis, Mphasis)

· October - December 2016

Customer demand for business relationship capability with block chain grade security and integrity

· January - April 2017

Compilation of customer requirements

·May - July 2017

Design and scope of the Enterprise Blockchain solution

· August - September 2017

Patent filing and ICO plans

· February 2018

ICO's main sale begins

· March - April 2018

Token reconciliation and development of the Vega platform (continuous)

· July 2018

Launch of Vega Alpha

· August 2018

Lighthouse Customer Engagement joins the market with Charter Technology and Service Partner

· October 2018

Launch of the Industrial Value Web Solution for Insurance

· December 2018

Focus on customer success and benchmark capability

· January 2019

Industry Web Solution for Wealth Mgt launched

· February 2019

Launch of API for third-party application developers Launch of Vega Blockchain Developer Network Program

· March 2019

Vega platform update - Launch of version 2.0

· April 2019

Launch of the Industrial Value Web Solution for High Technology

· June 2019

Vega Developer Ecosystem Marketing and Growth. Start showing developers and their programs/additions

· October 2019

Launch of the Industrial Value Web Solution for Life Sciences

· November 2019

Platform Updates - Launch of version 3.0

Loyakk Team

Salim Ali - CEO

Jitu Telang - Technical Director

Tsvetan Georgiev - Technical Architect and Head of Development at Blockchain

Jimjees Abraham - Block Chain Solutions Architect

Jaijiv Prabhakaran - Chief Architect

Marzanne DeLoof - Customer Success

Rakesh Sreekumar - Director of Marketing

Sadiq Quasim - Director, Loyakk Ltd.

Anthony Thomas - Advisor, CIO Global, Nissan Motors

Patricia Hatter - Advisor, former CIO, McAfee

Jonathan Becher - Advisor and Investor, Chief Digital Officer, SAP

Gerry Mcclement - Investor, Director,'Big 4' UK Bank

Aly Madhavji - Co-Founder of Global DCX | Top ICO Advisor | Angel Investor | Blockchain Entrepreneur

Ian Scarffe - Consultant / Advisor to ICO Blockchain. Founder of Crypto Consulting and Investments LTD.

Pankaj Gupta - OIC Advisor, Marketing Expert, Entrepreneur in mHealth, Renewable Energy, Block Chain, Commercial Space

Nathan Christian - Block Chain Technology Consultant

For more information

Website - https://loyakk.io/

Whitepaper - https://loyakk.io/#white-paper

ANN - https://bitcointalk.org/index.php?topic=2838705.0

Telegram - https://t.me/loyakk

 Bitcointalk Profile  : https://bitcointalk.org/index.php?action=profile;u=2446601

Bitcointalk username : Nickzy 

Eth Address : 0x414029c45613c5703ef38762d2e5ce9623560c7c