Any business is a source for other businesses and part of the overall value chain, regardless of what the business is doing. Whether it's a cannery that processes a semi – finished product into a finished product, or it's a computer program for managing canning equipment-each of these businesses is involved in the food supply chain. The benefit of these businesses depends entirely on whether the participants of the common market chain will be able to agree with each other on cooperation. But in practice, it is not always possible to find a common language, which leads to lost profits. In other words, much depends on the human factor, which initially contains high risks. Our review is devoted to the Loyakk ICO project, which is changing the approach to the formation of market value chains.

Problem

Today, the process of establishing partnerships between enterprises is chaotic. As a rule, the interaction takes place in correspondence by e-mail and messengers. In most cases, people do not even know each other, do not know the true motives of the interlocutors. This leads to distrust and loss of profit. Conversely, this often leads to the leakage of strategic information from the enterprise. For example, during the audit of the supplier's quality management system before allegedly entering into partnerships. According to the analytical Agency Zdnet, the loss of organizations only from industrial espionage will amount to 2 trillion dollars in 2018.

Decision

Loyakk creates a global Blockchain platform for secure business interaction. The project has already patented a technology that allows companies to communicate with each other, as well as the organization of secure interaction. Loyakk significantly speeds up the process of finding suitable business partners in the market value chain, and reduces the time to enter into partnerships. At the same time, counterparties are identified in the system, which increases the level of confidence and gives confidence in transactions.

Loyakk is convenient because organizations can share information about important business indicators with each other instead of just talking about it as it was before.

The next advantage is that partners can be found anywhere in the world, and not limited to local contractors. Smart contracts provide security, transparency and speed of business chains formation in entire industries.

In such networks, the risk of information leakage and industrial espionage, as well as the loss of time on useless business connections will be minimized.

Loyakk releases the LYK token. It is designed for transaction inside the system and provides smart contracts. LYK function, in addition to payment, is to control the transfer of data between the participants. The LYK token also participates in audits of the company's quality management system, as it can meet many requirements of international production standards.

Loyakk has already entered into partnerships with large business corporations that are interested in implementing this system. They currently have a lot of businesses among their customers, which will be the first customers of Loyakk.

Project team

Loyakk team consists of people, whose experience of working in the higher echelons of the companies, giants of the worldwide. Among them are SAP, VMware, Oracle-Siebel and others. Who better than them to understand the problems for which they took up. Everyone can be reached via LinkedIn.

ICO

• The name of the token: LYK
• Smartcontract: Ethereum ERC20
• ICO start: June 15, 2018
• End of ICO: August 31, 2018
• Hard cap: $28M
• Price 1 LYK: $0.7
• Accepted currencies: ETH, BTC

Summary

Loyakk ICO project has many attractive sides as a profitable asset. Experienced team, broad business connections, relevant idea, the presence of hot clients, high rankings in the listings of the ICO project, and outstanding role Blockchain technology, potential changes of approach to doing business. All this deserves attention. We will follow the events.

Official sources of Loyakk project:

WEBSITE: https://loyakk.io
TELEGRAM: https://t.me/loyakk
WHITEPAPER: https://loyakk.io/#whitepaper
ANN THREAD: https://bitcointalk.org/index.php?topic=2838562.0
FACEBOOK: https://www.facebook.com/loyakk
TWITTER: https://twitter.com/LoyakkVega
MEDIUM: https://medium.com/loyakk-vega-blog
YOUTUBE: https://www.youtube.com/channel/UC65iEvKT10Hlmn5iSB5SD-w

AUTHORSHIP:
MY BITCOINTALK USERNAME: klimenok1991
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1238493
UNIQUENESS 100%: https://text.ru/antiplagiat/5b5a06008548b