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      "author": "calagnin",
      "body": "@@ -390,16 +390,48 @@\n rtantly,\n+ the mainstream understanding of\n  the blo\n",
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      "author": "a-0-1",
      "body": "#\n# upvote for me please? https://steemit.com/news/@bible.com/2sysip\n#",
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      "author": "calagnin",
      "body": "I just completed my studies several months back, and ever since then, have been spending quite a great deal of time exploring new ICO projects online. Personal opinion on the markets is that the big guys (bitcoin, ethereum etc.) might still go sideways for a while; they have already benefitted tremendously from the spike in mainstream recognition of crypto since late-2017, and more importantly, the blockchain technology underlying the tokens. \n\n![](https://cdn.steemitimages.com/DQmZRwSciXgZvn74XG88vSYS7d1fDFLgGFAVLS2WWSxiD3k/image.png)\n\nIt is on that note that I would like to share my views on the LOYAKK ICO project. I found the ICO last month, and was already relatively interested in what they had to offer. What impressed me especially was their product positioning in the crowded blockchain space. They knew that data collaboration, security and transaction processing was going to be a high-potential segment in the next few decades, and devoted their full attention to fulfilling this market need, especially catering to demand among high-performing corporates (who would be especially interested in such services).\n\n\n**Best-in-class Blockchain Business Platform**\nThis line from Loyakk's whitepaper sums up their use case rather well. \n\n\"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. Zdnet estimates the cost of data leaks to the global economy to be $2 Trillion USD by 2019.\"\n\nIn essence, they're gonna address the key issues vital to the new global digital economy. \n- How will vital business info be secured? \n- How will different stakeholders in business ecosystems input, transfer and interact with various critical information or data components? \n- How will the validity or robustness of data be verified, to minimise conflict among stakeholders? \n\nThese business challenges will be addressed in a comprehensive manner through Loyakk's patent-pending blockchain-enabled *Vega Enterprise Relationship Platform*. Importantly, Loyakk Vega will be an enterprise-grade platform customised for secure business-to-business engagement featuring permissioned sharing of data, standardized communication interfaces, efficient value transfers based on smart contracts and consistent propagation of business rules & security policies. \n\n![](https://cdn.steemitimages.com/DQmX2j2zpd1AUF8s8RNBJHNTniBvh3hrswTMEmTyTwSfEZp/image.png)\n\nEnsuring secure info exchange, facilitating the design and setup of effective workflow processes, helping various stakeholders to perform their differing roles in business relationships with ease, these functions will anchor the usefulness of Loyakk as a business data platform.\n\n![](https://cdn.steemitimages.com/DQmVD48GDeFKWfTLhWsXH5oc32Q7aknoYWeXuh9Bop1q3sV/image.png)\n\n\n\n**Why the need for a Token?**\n\"All parties using the Loyakk Vega platform require the Loyakk token to interact & transact within the Loyakk-powered Business Network.\" \n\n![](https://cdn.steemitimages.com/DQmVTQrqW7ZeWex16CbjBteA4jEKjxkYknoE2pbkXNUrYv3/image.png)\n\nThree key functions will be fulfilled by the Loyakk token.\n\n- Permissioning - Permissioning rules that set the appropriate visibility and access control rules for the network will be embedded into the token design.\n- Propagation - Network-specific data, governance rules and policies that control how the data is used and propagated and updated based on identity, relationship, location, segments and user behavior will also be propagated by the token. \n- Provenance – The Loyakk token specifies the common interface, standard formats and the rules for data interchange and interoperability. Data can be verified against a \"single source of truth\"; i.e. provenance and auditability will be made possible via the blockchain design and all data can now be tracked across company boundaries via audit trails.\n\n\n**More on the Loyakk Vega App**\nThe app layer will feature various customised modules as shown in the graphic below, to help fulfill functions such as partner collaboration, sales channel scaling, managing vendor and customer relationships, as well as optimising supply chains. \n![](https://cdn.steemitimages.com/DQmRrm9xaq3JhE7g4h9fFLEiexFCpYaXT2Y5r1WrwZQU15s/image.png)\n\nAt the same time, various features will be provided to platform participants, including (i) content publishing and management, (ii) secure business conversations and data sharing, (iii) value-added data analytics capabilities, (iv) personalized user experience based on user profile, relationship, location, behavior.  \n\n**Use Case Examples**\nA Gartner study estimated that the size of business value-add of Blockchain will grow to more than $176 billion by 2025, and Loyakk's product will appeal to a huge market segment of cross-border and cross-industry MNCs who are looking to optimise their internal processes via blockchain.\n\nThree interesting examples of specific use cases are included in Loyakk's whitepaper, encapsulated in these infographics.\n\n1. Business Network for High-Tech Industries\n![](https://cdn.steemitimages.com/DQmYFu6NjX89W2izh5ipEG8ojJ5zuyfwHEa5eY2nfAUac8G/image.png)\n\n2. Insurance industry & Wealth Management [personal opinion is that if this is achievable, various forms of banking or fin intermediation relationships can easily be replicated on the Loyakk platform as well]\n![](https://cdn.steemitimages.com/DQmcKKj9Sg6WthDZWhkLkjNgYokZr5fupa9zEjb3zmP5r1X/image.png)\n![](https://cdn.steemitimages.com/DQmS6qoxuaNZwtJ2YgS4hC3XGJz1aAsWyo57Pz1KLaU3Yhy/image.png)\n\n3. Life Science & Healthcare\n![](https://cdn.steemitimages.com/DQmYndaSZ3AoC2UseA6UQ577tX8QyJt9QnxSRNz25cBFcWY/image.png)\n\n\n**Tokenomics**\nThe revenue model for Loyakk includes Platform Licensing and Usage of LYK Tokens for each and every interaction. More importantly, as Loyakk's Enterprise clients are on-boarded, the need for the LYK Utility token for transactions is expected to grow. Loyakk may acquire Tokens from the exchange via a Token Acquisition program on behalf of larger enterprise customers.\n\nToken Distribution Details:\n![](https://cdn.steemitimages.com/DQmUABDrEMeFibDKAcT5QVxfT1s2Rw7dog7koSvwxBmqeHJ/image.png)\n\nToken Contribution Proceeds Details:\n![](https://cdn.steemitimages.com/DQmUKCstqB68o5S6Xy8gcsNefxbgsyyB4PEawMzvtyybKhv/image.png)\n\n\n**Bottom-line**\nLoyakk will be targetting a high-potential segment in terms of corporate blockchain usage. Data sharing/security/governance is vital to businesses in the digital economy and facilitating this in a LOW-COST and EFFECTIVE manner will be key to the transformation of many MNC's business models. The crux of the issue will be platform design, customer acquisition and stakeholder engagement. The team's experience with providing multi-billion dollar solutions at SAP, Oracle-Siebel and VMware is a huge plus in this aspect.\n\n\nLinks and Resources:\nWeb: https://loyakk.io/\nWhitepaper: http://loyakk.io/#white-paper\nTelegram: https://t.me/loyakk\nTwitter: https://twitter.com/loyakkvega\nFacebook: https://www.facebook.com/loyakk\n\nAuthor's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1478675",
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      "author": "steemitboard",
      "body": "Congratulations @calagnin! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@calagnin/birthday1.png)](http://steemitboard.com/@calagnin)  1 Year on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the [last post](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-croatia-vs-denmark) from @steemitboard!**\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "author": "calagnin",
      "body": "Earn Cashback & Rebate For Your Crypto Currencies Trading and ICO Token Purchases. \n\nICO Starts April 04, 2018 - https://www.cryptocashbackrebate.com/ico \nBitcoin ANN at  https://bitcointalk.org/index.php?topic=3156509\n\n![cryptocashback_ga.png](https://steemitimages.com/DQmeLrgxhqixwAQhLd7iP9WMR5dgotKEUP26VXHWhEMgyS4/cryptocashback_ga.png)\n\n\nby Wind_Crypto: https://bitcointalk.org/index.php?action=profile;u=1478675",
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      "author": "calagnin",
      "body": "**Beonbox & Online Shopping**\n\nFor most people around the world, the most well-known form of e-commerce falls into the business to consumer (B2C) category, which includes online retail or online shopping. It refers to online purchases from bricks-and-mortar retailers, such as Walmart, as well as from web-only online retailing corporations such as Amazon.com or Rakuten. \n\nIn 2017, around 1.7 billion people worldwide were estimated to have purchased goods online! During the same year, global e-retail sales amounted to US$ 2.3 trillion and this figure could well grow to US$ 4.5 trillion by 2021. In Asia Pacific, e-retail sales accounted for 12.1 percent of retail sales in 2016 but only for 1.8 percent of retail sales in the Middle East and Africa. These statistics show the huge potential that e-commerce platforms have, especially in areas where online shopping trends are just starting to catch up.\n\nThe Beonbox team plans to launch their online BeonBox store soon, with collaborations with known retailers as well as an easy-to-use platform that works on both PC and Smartphone. The speed and security of the Box tokens will faciliate fast and secure transactions on the platform. \n\n\n\n\n------------------\n@Beonbox is a #Multifunctional #Token that can be #used in #Online #Shopping, #Cashback #Creditting, #Gaming and #Exchange #Services. #ICO #crypto #cryptocurrency #bitcoin #blockchain #eth #ethereum #erc20 #btc\n\nvisit https://www.beonbox.com/ for more info!",
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      "author": "calagnin",
      "body": "@Beonbox is a #Multifunctional #Token that can be #used in #Online #Shopping, #Cashback #Creditting, #Gaming and #Exchange #Services. #ICO #crypto #cryptocurrency #bitcoin #blockchain #eth #ethereum #erc20 #btc\n\nvisit https://www.beonbox.com/ for more info!\n\n-----------\n![3k.png](https://steemitimages.com/DQmW4duyi6imh9Aaozh98ZDkGwKQae7XwPqEHazXGBLCAyP/3k.png)",
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      "body": "**Beonbox & Crypto Exchange**\n\nExchanges play an important role in the massive growth of cryptocurrencies. Exchanges are where people can potentially trade cryptocurrencies for other tokens, most usually the major cryptos such as btc, eth or ltc.\n\nThese exchanges connect buyers and sellers and take a fee from each transaction. Effective exchanges will require major token pairings, to improve liquidity. They will also require a large common pool of interested exchange participants--an environment of low fees, high security and good responsive customer service will be required to keep the community constantly engaged. \n \nBeonbox exchange service will aim to cover 8 popular cryptocurrency pairs in the initial stage, with all of them connected to the BOX token. Buying and selling of currencies will be relatively fuss-free on the modern platform the beonbox project aims to introduce. Eventually, fiat currencies maybe added too. The volume of trades should grow in line with the increasing planned adoption of the BOX token for multiple functionalities.\n\n![beonbox.png](https://steemitimages.com/DQmb9rodfzWeddZNwPAkDLrsHyps1oH4yy1A8Q7kmrqyrmd/beonbox.png)\n\n\n\n\n\n\n------------------\n@Beonbox is a #Multifunctional #Token that can be #used in #Online #Shopping, #Cashback #Creditting, #Gaming and #Exchange #Services. #ICO #crypto #cryptocurrency #bitcoin #blockchain #eth #ethereum #erc20 #btc\n\nvisit https://www.beonbox.com/ for more info!\n\n---------------",
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