Loyakk - Business Relationship Platform
Token/Symbol
LYK
Type
ERC20
Platform
Ethereum
Accepting
BTC, ETH
Token Count
1,000,000,000
Price
1 LYK = 0.50 GBP

THE PROBLEM

Businesses face multiple challenges related to the secure and efficient sharing of data with their business partners. Data leakage, contract disputes and limited visibility across their business networks leads to billions of dollars in revenue loss, and increased costs.

THE SOLUTION

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.

Transform Business Network Interactions

Loyakk is a addressing a global business problem with a 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. Existing enterprise solutions have failed to address the problem effectively and are dated, significantly flawed and unsecure, and require manual interventions or workarounds.

The Loyakk platform offers companies unrivaled ease of interaction with secure movement of business data in keeping with business rules and intricate business relationship context – all via their own secure, transparent and private business networks. 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.

A BUSINESS-READY FUNCTION-RICH ‘UTILITY+++’ TOKEN

The Loyakk token, simply put, is a carrier of business data. It is required for all inter-company interactions on all Loyakk-powered business networks. The act of initiating one interaction i.e. sending data from one business to another business is considered one data interchange and consumes a LYK token.

The LYK token also enables critical functions that manages multiple levels of permissioning, and it controls the propagation of the data amongst the participants in the business network. The unique capabilities LYK will allow for full auditability and tracking of business data across company boundaries.

THE BENEFITS

SECURES AND STREAMLINES DATA EXCHANGE

Secures and streamlines information exchange, collaboration, and engagement between members of the distributed business network

ENABLES PERMISSIONED VISIBILITY AND ACCESS

Enables permissioned visibility and access to relevant data by network members based on identity, relationship and business contexts

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

ACCELERATES COMPLEX DEALS

Accelerates and streamlines complex deals and projects involving multiple parties with smart contracts, and minimizes disputes through better data verifiability & provenance

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

IMPROVES GOVERNANCE

Ensures that all data and interactions across the ecosystem can be independently verified by customers, partners, auditors & regulators

THE PLATFORM

The Loyakk Vega Platform is built with proprietary patent-pending blockchain implementation and delivered as a full-stack solution. Loyakk Vega includes the critical application and platform components along with the services that enable enterprises to securely and efficiently exchange critical data and value within their business networks.




Team


SALIM ALI

CEO & CO-FOUNDER

Salim runs Loyakk, Inc and is a frequent speaker on Blockchain and its impact on Enterprises. Salim has been instrumental in defining Loyakk’s Blockchain-anchored Value Web framework and the resulting business solutions. Prior to Loyakk, Salim has led creation of multiple products and marketing programs targeting enterprise customers. As Global Vice President, Marketing at SAP, Salim conceived & scaled multiple new business with revenue KPIs of $1.2B, and jumpstarted SAP’s Digital Business with the SAP App Store. Salim’s experience spans product management and engineering across Symantec/Veritas, Tibco and Openvision. Salim has MBA from The Kellogg School at Northwestern, and an MS in Computer Science. Salim can be reached at [email protected]


JITU TELANG

CTO & CO-FOUNDER

Jitu – as CTO, Loyakk, Inc – is responsible for driving research and development of the Vega Enterprise Relationship Platform with Blockchain based (including patent-pending) capabilities leveraging Ethereum, Hyperledger and Quorum platforms.Jitu has over 25 years of experience in technology spanning enterprise applications, data mining, financial trading and blockchain. Past experience includes development of automated High Frequency Trading models in Equities, Currency, Futures and Options covering US and International markets. Drove very large scale daily trading volumes of more than 10 million shares and daily dollar volume of more than $150 Million. Experience includes enterprise application development with Neural Networks, Data Mining, High-End Configuration and Product Content Management.


TSVETAN GEORGIEV

BLOCKCHAIN TECHNICAL ARCHITECT AND DEVELOPMENT LEAD

As Technical Architect, Tsvetan is a key part of the team responsible for designing and architecting Loyakk’s core blockchain-enabled enterprise relationship platform . Tsvetan is specifically focused on blending blockchain building blocks found in the Ethereum, Quorum and Corda, and extending it with Loyakk’s proprietary patent-pending approaches to support core enterprise blockchain use cases. Tsvetan has experience architecting blockchain applications and developing tools on Hyperledger fabric technology including helping enterprises integrate blockchain technology with enterprise applications such as SAP. He has designed complex use cases on Hyperledger and played a pivotal role in the development of a Hyperledger CD Management Console which focused on abstracting the complexity of creating and managing blockchain network on Hyperledger – by leveraging Fabric Java SDK, REST APIs and Docker APIs . He also has experience conducting blockchain training workshops for organizations and helping them developing their blockchain technology roadmap. Tsvetan has a diverse technology experience in various technologies including Java stack, SAP technology and integration.


JIMJEES ABRAHAM

BLOCKCHAIN SOLUTIONS ARCHITECT

As Solutions Architect, Jim brings in-depth experience in the field of enterprise-level application development and consulting to Loyakk. Jimjees is focused on developing solution blueprints incorporating Loyakk’s patent-pending extensions to elements of Ethereum and Quorum blockchains as well as integrations with back-office systems for Loyakk’s industry-specific value web solutions. He has been instrumental in developing solutions on blockchain focusing on Hyperledger Fabric at ChainDigit, where he was deeply involved implementing blockchain-based solution concepts in the area of supply chain, loyalty management and identifying key value drivers in blockchain based transformations helping enterprises in their blockchain adoption. Jim with his team focuses on the integration of enterprise applications with HyperLedger and has proven track record in the integration of HyperLedger with SAP supply chain management. He worked as a solution architect in SAP Labs and SAP consulting for 14 years, mainly focusing on CRM and Banking.


MARZANNE DELOOF

CUSTOMER SUCCESS

Marzanne brings to Loyakk 15yrs+ of customer success experience. Her most recent stint was at Kredible (B2B Online credibility platform) where she led efforts to build and scale out the revenue support organization for clients worldwide. Marzanne drove efforts to outperform revenue targets and to significantly increase customer satisfaction ratings. Kredible recently sold to one of the largest ETF service providers based out of NYC. On the personal front, Marzanne is San Francisco based but originally South African born and raised. She has been calling Atlanta home for the past 18 years and San Francisco for the past 2 years. She enjoys cooking, photography, wine country, and traveling with her husband and son.

Roadmap


White Paper

Investment Info
Accepting BTC, ETH
Token Info
Fund Raised $ 9.20 M
Token LYK
Platform Ethereum
Type ERC20
Token Price 1 LYK = 0.50 GBP
Token Count 1,000,000,000
Schedule
Crowd Sale Start Date
Crowd Sale End Date 2018-August-31

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Loyakk - Business Relationship Platform

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