Hundreds of companies around the world are losing billions of dollars every year due to leaks and theft of business data.
Scope of the problem
The Internet magazine ZDNet predicts that with such a rate of data leakage in value chains as early as 2019, losses will amount to $ 2 trillion. The scale is amazing, so it's no surprise that in recent years the issue of data security, both corporate and personal, has become one of the most urgent.
The fact is that business is not an autonomous activity of one company, which independently develops, produces, delivers, sells and markets its products. Business is a constant interaction of participants in sales chains - partner companies, vendors, sales channel management systems, distributors and other participants.
Data about their interaction often become objects of hacker attacks, thefts and data leaks, including later disputes on contracts. Interested can be anyone, from intruders who want to earn money by selling stolen data, and ending with competing firms that use stolen data to eliminate competitors.
Existing methods and channels of transmission, data exchange and interaction between participants in business chains turned out to be too inefficient and completely unprotected. Companies have to spend significant sums to maintain security in the exchange of data, so not only losses increase, but also the costs of providing efficient channels for transferring important corporate data.
Against the backdrop of the biggest growth in the use of blocking technology in a wide range of areas, the Loyakk project was launched in 2017 , the founder of which managed to develop a truly effective and useful solution for the market to protect data and secure transmission. Today, let's talk about what his idea is and how soon companies around the world will be able to take advantage of the Loyakk solution.
In the first article, we'll talk about the project in general terms, in the next one - on specific examples we will see the relevance of the solution - we will tell about the noisiest cases of leaks of these companies, and the final article will be devoted to the features of the project and the ways of applying Loyakk in practice.
The idea of Loyakk
The Loyakk project is aimed at creating a platform called Loyakk Vega Enterprise Relationship Platform (simply Loyakk), which is a patented solution using blocking technology and tokenized data warehouses, through which business network participants around the world will be able to share data safely, efficiently and reliably , avoiding any leaks, losses or theft of data from intruders.
Loyakk's solution is a complete transformation of the current model of interaction between partner companies and the exchange of data between them. Unsafe and chaotic transfer of business-critical information through open channels leads to huge losses in profits and constant additional costs, so all market participants, no matter small, medium or large business, need to take really effective measures to ensure the security of corporate data.
The Loyakk data exchange model consists in using the capabilities of blocking and data transfer technology with the help of tokenized data containers - LYK tokens. The information will be transmitted with the help of tokens, which, in turn, guarantees its security and the ability to receive only the party that has access to it.
Therefore, LYK tokens will be needed for each of the market participants. Their use will allow exchanging data exclusively within the framework of interaction between companies, preventing any leakage, loss, break-ins or theft. Thus, the transfer of data, for example, from the retailer to the provider, is the transaction of LYK tokens, containers carrying a package of necessary corporate data.
The Loyakk platform is a patented block architecture that consists of several modules for different market participants and allows the exchange of information using LYK tokens. In addition, its interface provides a number of tools for effective interaction between companies within the business chain.
Loyakk is 5 modules for interaction between partner companies, sales channels, suppliers, distributors, and customers. The key components of the platform will be a unified user interface, a service for negotiations, tools for analytics and publishing content.
In the next article, let's talk about why the solution that Loyakk creators provided is so relevant - we will discuss the most noisy leaks and thefts of these companies over the past few years .
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