Aug 24 2018

Transforming The Business World With Loyakk

Business has become a major part of the world’s economy and thus it is very important for our life. The business model varies from one after another, and thus creates a massive gap between businesses. The businesses also rely heavily upon the speed of the communication, and the tech that stands behind every business operations. It is very important to note that the world of business is very strict and fast paced making it very dynamic and sometimes are hard to control. The world’s economy is owing to the company so much, and thus the company has helped the growth of the economy and with that the prosperity of the world. The company has played a major role in revitalising the success, but unfortunately, there are several challenges that business faced nowadays, such as:

1. Security Industry, especially the giant corporation is struggling with a very violent and vicious attack from any threat such as the hackers, crackers, or the corporate espionage activity. Those attacks have cost the business for about billions of dollar annually. The holes which are exploited by the thief is usually the IP or the security gap which can be found in the business system. This holes must be clogged at all cost otherwise the business will continue to suffer as it keeps losing money from any attack. There are several attempts to increase the efficiency of security countermeasure, but generally, those attempts have been for nought and bring so little changes in the business system protection as a whole.
2. Communication

Business relies on the communication which is conducted by the business partner or the third parties such as the insurance companies, the auditor, law firm, and even customer. Those 3rd parties require several data coming from the company, but unfortunately, the transfer of data is tedious and slow making it very inefficient and rather costly. There are also several complexities to send the most complicated messages to any business partner, and thus hindering any complex relations between business. This further hindered the business progress any further and created the negative output inside the business activity.

3. Infrastructure

There are two kinds of infrastructure, which are the offline and the online infrastructure. Those things are very important for the business as they heavily depend on the existence of both infrastructures. The offline infrastructure including the road, railroad, bridges, administration, and so forth, whereas the online infrastructure is about the internet connection, the platform, and so forth. Ironically, in the developing countries, the focus of improvement and construction is eyed towards the offline infrastructure, but neglecting the online infrastructure, whereas the global market requires every major business to possess some connection between that company to the world. The expansion of such business will also be hindered if they do not possess the internet connection or the slow internet connections which are incapable of delivering the messages within the required time.

4. Human resources

This could be the first and foremost issue in understanding the complexity of the world of business. Despite having access to the best internet connection, the best infrastructure for the business to thrive, If the people there are left uneducated and unskilled, the business still might be very slow. You need to have the best human resource to operate the business to the fullest, and thus training and education the mass is very important for your business. Keeping them motivated, employing the stick and carrot policy, and leveraging their issue will become a great boost for your business.

Those are the issue of the business nowadays, but this article will focus on one issue, which is the data transfer and data exchange between businesses. It has been fully recognised that the business requires any form of coordination and communication between businesses to create some programme or to launch a certain policy to any particular event, etc. the communication has been established by the company, but unfortunately It is still full of flaw. The security of the existing means of communication is very dire and full of loopholes that need to be filled with additional protection and security. Secondly, the cost to conduct some communication and data exchange are high and making the communication very inefficient as it costing the company quite a fortune. This is because the company need to repeatedly send their messages to any 3rd parties which request the data and information.

The next issue will be the complexity of the data itself. As we know that the data that has been sent by the company is sometimes a very complicated data that requires a very deep interpretation and understanding. This data also require some validation and clarification, but unfortunately, the existing platform is unable to give them such solution, making the data exchange very chaotic and disorder as many people disagree on how they read the data presented by the company. This obvious issue prevents any company to struck a very complex bargain or partnership with the business partner, especially the newly emerging business which is very new to the business and still not yet understands how the business works.

There is one solution from this all, which is called the loyakk.io. loyakk is one of the blockchain platforms which will eradicate and hardship regarding the data and information exchange which is conducted by the business as a whole. This platform is very promising as it will increase the efficiency of the business and creates a more friendly and safer environment for the business to grow and thrive. In this article, we shall explain how the loyakk platform will work.

If you wish to know more regarding the overview of the business, you may visit one of these web pages below.

https://bitcointalk.org/index.php?topic=2838562.0

https://loyakk.io/

How The Loyakk Work For Your Company

First of all, we all need to know what is loyakk. Loyakk is the blockchain platform which is newly emerged specifically to solve certain issues. That is very nature of the blockchain platform, which is emerged to solve a very specific purpose of solving a certain issue, in this case is the issue of exchanging information and transferring data. The specific purpose of the platform is very efficient since that platform specialises itself in becoming a sole solution to that particular issue. And based on this understanding, we can now understand the scope and the function of the loyakk platform as it is specialised itself in increasing the efficiency of a company by eradicating any issues related to the data transfer or exchange. Currently, there is a lot of platform in the world, and each one of them is presenting their different approach to solving their specified issues.

The second is the nature of the platform, which is the decentralised behaviour. The current business form is usually the centralised business architecture which will require all form of communication and data being transferred hierarchically to all their subsidiaries. This centralisation is not very helpful since it makes the subsidiary bodies heavily depends on the core, and should the communication disrupted between the cores and the bodies, the coordination will be severed and will negatively impact the business as a whole.

But fortunately, the loyakk is not a centralised business, meaning that any action will not be referred back to the core, as the user can experience and utilise the platform in their way. Here is the short and quick explanation of how the platform will work.

1. The company and its bodies integrated within the system

The first and foremost thing to do before any company enjoys themselves in the facility of loyakk is to integrate the business with the platform. The only way to do so is to purchase the loyakk token and follow some procedures which will be explained in the last section. It is very easy to purchase the token as you can visit the website and click the purchase tokens button on the site. You need to purchase a minimum of 200 loyakk tokens to join the platform.

2. Nodes to nodes connection

After the integration, the companies and the subsidiaries will then be connected using the nodes. The nodes are the independent servers which will relay the messages to one party to another. Each node will be interconnected, but none of them is connected to the platform, meaning that the platform will never know the content of the messages of the data which are being transferred per node. After the node has been installed, the company then can start to send the messages by one after another. When sending the messages, you need to pay a certain amount of loyakk token as the fee for utilising the services of a platform. The messages will be encrypted and protected by each node so that the privacy and security will be guaranteed.

3. Setting of information

The information is divided into two kinds, the private and the public information. You can then set the information for whose it’s directed, whether for the public or the private or exclusive only for the business. The nodes are also can be adjusted manually so that you can send the information automatically to the person, the companies, or the other business partner that you wish to send the data.  There is also the validation and permission process where the receiver needs to unlock the messages using some password which has been governed by the smart contracts.

4. Event monitoring

One of the most fundamental business activity is to foresee the event or to monitor the current situation of the business to asses it and to take the best decision for the well-being of the business. You can access this feature in the loyakk, as it gives you the report for your company, and thus you can see your situation more objectively and draw a very suitable conclusion for your current situation. This feature will be very helpful in determining the data exchange and to where you need to send the data, and what kind of data that you need to present it to the public.

You may access the web pages below if you wish to know more about how the platform will works.

https://loyakk.io/

https://www.facebook.com/loyakk

The Token Generation Event

Since this platform is connected by the blockchain, this platform has their currency which is called by the loyakk token. As we have explained above, the usage of the token is to become a fee for each message and information sent to the nodes and the other parties. The next usage of the token is also to pay for certain services such as the event monitoring, purchasing a template, and so forth. You can also vest the token and exchange it to the fiat currencies after you have vested in a certain period.  This token has no use outside the system, and therefore feel free to use it for your company.

The sale of the token is a bit different from the rest of the platform sales. There is only a single token sale, which is the crowd sales. The cap for the token sales is about 28 million dollars, and there will be the total of 177 million tokens which is issued by the company, where 60 million of it will be available for sales. The only way to acquire the token is purchasing is via BTC and ETH. Therefore if you want to purchase the token, you can exchange your fiat currencies with both tokens.

As for the period of sales, there will be roughly two months starting from 15th June to 31st August. The bonus starts at 35% and will decline by about 3-5% each week. Currently, the sale is on the 10% bonus and will soon end, so you need to hurry if you want to join the sale. And as we have stated above, you need to purchase at least 200 loyakk tokens which you can purchase it in the website of weloyakk.io.

For further information, you may access the web pages below.

http://www.loyakk.io/#white-paper

https://loyakk.io/

https://t.me/loyakk

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=118774

By admin • Blockchain Technology • 39 • Tags: BTC, business, efficiency, exchange, information, internet connection, market, online, purchasing, token sale