Having a business is one side of a coin and running it effectively is another. There hardly exists a man that is isolated. He has to interact with other either physically or abstractly.
Most often, there are partnerships in business. These partnerships are fueled by desired to succeed and ignited by mutual interests.
There have been many business partnerships developed in recent years. Mergers and Acquisition likewise shared economy had done well in this aspect but more is in the offing.
Most times, a business owner might approach another. The latter is meant to provide the former with information. The information in view is not far from the end-user. A company with presence on social media such as Facebook might approach Google for data of users within a specified region. He gets this and runs targeted campaigns.
Haven issued the information; Google has no control over the outcome of its action. That is the underlying problem in conventional business environment. These business outfits hardly apply dexterity in controlling users’ data at their disposal. At other times, companies have issues among themselves especially when the expected outcome was not realized.
There is need for a consensus business environment to solve these issues. Certainly, this cannot be actualized in centralized because the system is already saturated. That is why #Loyakk created, a platform on the blockchain.
Call the Shots
There are times when you might find adverts on your social media. You’re likely to find them irritating because they don’t serve any purpose to you. Loyakk changed this by developing a Value Web. Through this channel, you can specify and get services that meet your pain points.
This is not restricted to users; businesses can also use this. Breach of contract and trust among businesses will be solved because Value Web fosters better relationship module for these businesses.
Security
Loyakk considered misuse of users’ data before creation a solution. Tokenized Data Containers encrypt personal data of users. The data here can only be made available to core investors. Through this module, businesses can transfer value and information without making it visible to third-parties.
Relationship
At the core of Loyakk’s goal is creation of habitable environment for businesses to thrive. A look at the pictograph below shows how Loyakk improves interactions among businesses and consumers.
In this architecture, there lies solution to existing problems in traditional business partnership platforms.
Trust is the Key
Without transparency, a business will be regarded with suspicion. Hence, a business that is not open to the public might lose confidence of its customers faster. Loyakk offers a scalable and transparent ecosystem.
On the other hand, other downsides such as contract breach and ineffective use of information will be solved. Though transactions are transparency, the platform went the extra mile in preventing hack.
Loyakk’s Milestone
Token Distribution
Ticker: LYK
Type: Utility
Standard: ERC20
Platform: Ethereum
Hard Cap: $28 million USD
Price: 1 LYK= $0.65 USD
Accepted: ETH, BTC
Country: The United Kingdom
Restricted: The United States
LOYAKK’s Team
#Conclusion
Loyakk breeds complete devolution of transactions in decentralized business environments. With its transparency and scalability, the platform had by wide margin, solved some recurring problems in traditional business partnerships.
To know more a this platform/project visit the links below:
Website: https://loyakk.io/#
Whitepaper: http://www.loyakk.io/#white-paper
ANN Thread: https://bitcointalk.org/index.php?topic=2838562.0
Telegram: https://t.me/loyakk
Facebook: https://web.facebook.com/loyakk?
Twitter: https://twitter.com/loyakkvega?
Writer: PLMovs
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2035939
