Highlights

  • First Blockchain-enabled Platform for Decentralized Business Networks
  • Powering Secure, Smart Movement of Data and Value between businesses
  • Patent-pending blockchain technology for cross-industry B2B use cases
  • Patent-pending, 1st-of-its-kind Loyakk Index quantifies adoption of platform
  • World-class Team with Business Applications & Blockchain DNA

Latest Updates

  • Nissan Global CIO, Tony Thomas joins Loyakk advisory board
  • Loyakk CEO Salim Ali Speaks at the Churchill Club in San Francisco
  • Jonathan Becher, Chief Digital Officer, SAP joins Loyakk advisory board
  • Loyakk introduces the Loyakk Index – a new way to assess network adoption
  • Patricia Hatter, ex-CIO, McAfee joins Loyakk advisory board

Mission

Loyakk's mission is to transform how businesses create and deliver value in the new decentralized economy with their globally distributed network of partners, channels, distributors and vendors. Businesses today face multiple challenges related to data security and privacy, data reconciliation, contract disputes, inefficient processes and limited governance within their business networks leading to billions of dollars lost annually due to increased costs and lost revenues.

Loyakk is addressing these real world challenges through our patent-pending blockchain-enabled Vega Business Relationship Platform. Loyakk Vega is an enterprise-grade platform that has been designed specifically for secure, decentralized business-to-business engagement. It leverages patent-pending blockchain technology to support permissioned sharing of data, standardized communication interfaces, accelerated movement of value based on smart contracts and consistent propagation of business rules & security policies - leading to greatly improved security, efficiency & distributed governance across any business network.

 

Transform Business Network Interactions and Sharing of Critical Data & Value

The Loyakk Token guarantees Permissioning, Standardization and Propagation of Data, Value & Rules
across the Business Network.

 

From Centralized, Chaotic & Unsecure

To Decentralized, Protected & Context-aware



Loyakk is run by a bluechip team with a potent mix of enterprise software DNA and technical capabilities spanning enterprise software and blockchain capabilities. The team has filed multiple Blockchain Patents, worked on Hyperledger Fabric and Quorum based applications, built Stock Option Trading Systems at ETrade, and High-Frequency Trading Platforms at CMT and Pension. The business leadership has led the creation of multi-billion dollar solutions, and orchestrated global marketing efforts at SAP, Oracle-Siebel and VMware.

Platform

Loyakk Vega is a blockchain-enabled Decentralized Business Relationship Platform that enables enterprises to securely and efficiently exchange critical data and value within their business networks and in a contextual and relationship-aware manner. The Loyakk Vega Platform embeds proprietary patent-pending blockchain technology implementation with advanced enterprise relationship management capabilities to address modern business-to-business engagement challenges across industries. Loyakk Vega powers a full stack solution that includes the critical application and platform components and services that’s designed to readily enable early and evolving blockchain use cases across industries while supporting a firm’s vision and roadmap for enterprise-wide blockchain implementation and digital transformation.

Loyakk Vega Business Relationship Platform Stack

Benefits

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

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

Facilitates securely timely and accurate movement of digital assets and value between participants based on business rules and policies propagated throughout the network

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

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

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

Testimonials

“Salim and the team at Loyakk have an audacious goal that is grounded in clear thinking and deep enterprise DNA”

Jonathan Becher,
Chief Digital Officer, SAP

“Loyakk has one of the best use case for blockchain technology that I'VE seen and the combo of loyakk’s technical DNA and Business background from sap, oracle-siebel and IBM is rare "

Patricia Hatter
Ex-CIO, McAfee Security

“I have invested into Loyakk as they have the opportunity to do something very transformative bringing blockchain into the heart of Enterprise Applications and be the next Salesforce and more"

Eric Klein,
Angel Investor, Partner, Lemnos Labs

"The Loyakk team has hit upon a motherlode of value in blockchain for enterprise applications. Salim and his talented team have seen the need from past experiences and have put in the deep thought required to create a truly disruptive platform that will create tremendous value".

Sanjib Kalita,
CMO, Money2020

“Loyakk is reimagining the future of business applications for the blockchain world and they have my attention and investment”.

Gerry McClement
Director, 'Big 4' UK Bank, Investor

“Loyakk has built a truly innovative platform with a vision for transforming enterprise relationships with customers and channel partners. We are not just partnering with you to help our large customers leverage your platform, but also have been a happy customer”.

Santosh Gopal,
VP, Mphasis Inc., Customer & Partner

White Papers

Tokenomics


Business Overview

Solution Overview

Tokenomics


Tokenomics

Industry Value Webs - Powered by Vega Business Relationship Platform

High-Tech Industry Value Web

Enterprises will reimagine how they manage their high value business by better leveraging relationships across their business networks. By bringing partners, vendors, contractors, resellers and other sales agents into a common network, businesses will be able to transform how they sell, implement and support complex technology solutions. The Loyakk Vega platform enables secure, permissioned sharing of deal, project and IP information, verifiable project tracking and relationship-aware smart contracts drive services delivery and compensation with contractors & vendors. All these capabilities helps drive accelerated deal and project execution; improved overall deal & project profitability while greatly reducing project risks.



Insurance Industry Value Web

A distributed value web powered by Vega can enable the insurer and various third parties to easily and instantly access and update relevant information (e.g., claim forms, evidence, adjustor reports, police reports etc.) and efficiently execute their roles via pre-established smart contracts. With Vega's ability to provide a shared data repository / ledger across multiple trusted parties in the value web, Insurers can independently verify the authenticity of customers, policy contracts and transactions by storing a complete historical record, increase the velocity of the quote and policy issuance and reduce or eliminate errors in the process.


You can read more about these and other Enterprise Value Web use cases in the Business Overview White Paper.

Frequently Asked Questions

1. Who is Loyakk?

Loyakk develops Enterprise Relationship solutions used by blue-chip customers such as SAP, Novartis, Abbott Labs, Infosys, Mphasis.

2. Where is Loyakk based and under what jurisdiction is this ICO being offered?

Loyakk Ltd is based in London, UK and is the originator of this ICO.

3. What is the Loyakk Vega Solution for Enterprises?

Please review the Loyakk Business Overview White Paper. to get a deeper sense of the Solution and it’s impact on Enterprises across the globe.

4. Why should I participate in the Loyakk ICO?

Loyakk has a grand vision to completely transform Enterprise Applications with Blockchain, and the Loyakk Business Overview document details the Use Cases across multiple industries. You should participate if you believe in our vision to disrupt the Enterprise Application space, and have confidence in the team, their background and expertise.

5. What technical and business competencies does Loyakk have to make the business a success?

The extended Loyakk Team has blue-chip Enterprise DNA having run multi-billion businesses, filed multiple Blockchain Patents, worked on Hyperledger Fabric and Quorum based applications, built Stock Option Trading Systems and High-Frequency Trading Platforms. The team is a very rare combination of Blockchain and Enterprise Software coming together.

6. How does the Loyakk token work?

The Loyakk token powers all transactions on the Loyakk network. The token is specifically a utility token and is required for conducting a transaction on the Loyakk network. The Loyakk network interactions are essentially a set of micro-services and each invocation of the micro-service requires a token. As the number of invocations increases, the number of concurrent tokens required increases. In addition, Loyakk is the first ICO aiming to be transparent on the effectiveness of the network using a new, patent-pending “data faucet” token called the Loyakk Index. When live, this “zero value” Loyakk Index token can be queried for details on the proliferation, spread and usage of the Loyakk Network. While we will keep the confidential data of our Enterprise Customers completely and totally private, this Loyakk Index will aggregate usage metrics across Loyakk customers to provide a consolidated view. More details of this Loyakk “Beacon” Token can be found in the Tokenomics document.

7. What consensus mechanism does the Loyakk Vega platform use?

Loyakk’s Vega Enterprise Relationship platform is being built on an Ethereum core with elements of Quorum and proprietary patent-pending extensions. We will be using a variant of BFT Consensus given Enterprise Use Cases and needs.

8. Where can I find the white papers and associated documents?

The Whitepaper and Tokenomics sections above provide access to all relevant documents.

9. When is the ICO being conducted?

The timing of the ICO will be announced shortly.

10. Are there any caps for this ICO?

Yes. The ICO sale is capped at 183M tokens.

11. Where can I see details of the token sale?

The Tokenomics document details the Loyakk Token, its use within the Vega Enterprise Relationship Platform, and Token Sale specifics.

12. Is there a minimum (or maximum) number of tokens I can buy?

The minimum threshold is 200 Loyakk Tokens. Loyakk retains the right to limit tokens sales beyond 22 Million tokens (12%) to a single entity. Any request for Tokens that exceed 22 Million (12%) will require Loyakk Ltd. Board approval.

13. How do I make a purchase?

All details are here on www.loyakk.io. When the ICO starts, Loyakk will start accepting payments in bitcoin and ether. Once the ICO sale completes, we will then audit all payments and issue Loyakk tokens to our token buyers. We will finish the issuance of tokens to our buyers in Q1 2018. Token buyers will be issued tokens first and before the Loyakk team.

14. Which wallets can I use?

There are multiple options: MyEherWallet (requires no download and you store your private key), Coinbase (Web), Parity (Desktop), Mist (Desktop), imToken (iPhone and Android). Other exchange options are: Poloniex, Kraken, Bitstamp, Cex.io, Exodus, BITfinex, BITrexx, Exodus. (To receive Loyakk Tokens, please provide only an ETH/ERC20 wallet)

15. Has Loyakk done a security audit of the token sales site?

Loyakk is currently conducting the security audit of the token sale site. The audit certificate will be made available when the audit is completed and the token sale site is made ‘live’.

16. Is there a vesting period for token issuance to employees of Loyakk?

Yes, we will not issue tokens to the employees of Loyakk at the same time as our Token buyers. To ensure sufficient incentive to contribute to building the platform, employee and team tokens will vest over a period of one year.

17. What are the risks associated with this ICO?

The role of the Loyakk Utility token, Terms and Conditions and Risks are covered across the Tokenomics document available on loyakk.io, and the Terms & Conditions section of the Token Sale site.

The Loyakk VEGA Roadmap

 

Our Team

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Salim Ali

CEO & Co-Founder

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Jitu Telang

CTO & Co-founder

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Jonathan Becher

Advisor,
Chief Digital Officer, SAP

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Patricia Hatter

Advisor,
ex-CIO , McAfee

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Jaijiv Prabhakaran

Chief Architect

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Jimjees Abraham

Blockchain Solutions Architect

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Tsvetan Georgiev

Blockchain Technical Architect and Development Lead

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Sanjib Kalita

Advisor,
CMO, Money2020

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Eric Klein

Advisor & Investor,
Partner, Lemnos Labs

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Sadiq Quasim

Director, Europe

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Rakesh Sreekumar

Chief Marketing Officer

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Shankar Arora

Advisor & Investor
Sr. Vice President, Citibank

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Harry Brady

Vice President, Strategic Partnerships

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Kevin Fliess

Advisor & Investor,
VP Marketing & Sales, ATPCO

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Gerry Mcclement

Investor,
Director, 'Big 4' UK Bank

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Vic Mahadevan

Advisor,
ex-Chief Strategy Officer, NetApp

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Gary Hall, Jr.

Advisor, 10-time Olympic
Gold Medallist, US Swimming