What is Loyakk about?
Loyakk is a blockchain-enabled platform for enterprise business networks that enables enterprises (or companies) to engage with their network of business partners with greater security, efficiency and governance. With Loyakk, businesses can now combine blockchain with relationship management capabilities to address critical challenges they face in b2b engagement, including data / IP theft, data reconciliation, contract execution and disputes, while ensuring compliance to business rules across the network. This leads to significantly reduced operational friction costs and revenue leaks, while accelerating business revenues.
Why there is a need for Loyakk?
Enterprises today lose billions of dollars working with partners1 within their business networks with multiple problems including Data Breach /IP theft, data reconciliation issues, bloated processes and contract disputes, etc. Loyakk solve these problems and helps enterprises save significant costs and accelerate revenues. Enterprises today interact with their partners in an unsecured, inefficient manner with limited data controls in place. Loyakk offers a Blockchain-enabled platform for enterprise business networks that transforms how enterprises collaborate and share data with their partners with greater security, increased efficiency and better governance.
1 LYK Token = 0.50 As Enterprise customers (SAP, Novartis, Infosys, Abbott Labs, Mphasis...) use the platform, Loyakk will publish multiple metrics via the "Loyakk Beacon" - creating transparency to the open market. Early investors need to get Whitelisted.