August 2nd, 2018
Loyakk Receives $1.6 Million Strategic Investment From Leading Blockchain Investment Firm Pecunio
Loyakk Ltd., the provider of the world’s first Enterprise Relationship Management solution on blockchain, has received $1.6 million as a strategic investment from Pecunio - the leading blockchain investment company of United Arab Emirates.
Loyakk’s platform enables businesses to re-imagine how they do business with their business partners with greater security, visibility, and improved governance. Pecun.io, offers an asset platform that enables investments into angel and venture capital funds as well as high-end cryptocurrency funds.
Loyakk’s tokenized data container approach enables enterprises to share and track business data across the world as the data flows across company boundaries. With Loyakk, businesses can now combine blockchain with relationship management capabilities to address critical challenges they face in b2b engagement, including data & IP theft, data reconciliation, contract execution and disputes, and ensure GDPR compliance.
Loyakk’s vision for completely transforming how Enterprises share and track business data with business context and contracts was very appealing to Pecunio:
“We were very impressed with Loyakk’s vision for bringing a very powerful enterprise application for business to leverage the power of blockchain. The team has incredible Enterprise DNA from SAP, Oracle, VmWare and IBM with a strong track record of running multi-billion dollar businesses”
said Reinhard Berger, CEO.
Loyakk enables enterprises globally to save billions of dollars lost due to IP theft, data reconciliation issues, contract disputes and a general lack of governance within their partner networks.Loyakk’s blockchain-enabled enterprise relationship platform includes a secure data container that protects, propagates and controls the security permissions of all the data that’s shared between entities within an enterprise business network, and provides complete visibility of an enterprise’s data across the world.
“We are very excited about the strategic partnership with one of the leading lights in the crypto space.” Said Salim Ali, CEO, Loyakk, Inc. “Pecunio’s forward-thinking approach with support for multicurrency wallets and safe market access for all crypto market businesses aligns well with Loyakk’s approach of bringing the worlds of blockchain, crypto and business together”
Loyakk Ltd UK is launching and managing a token sale event for this patent-pending blockchain-enabled platform for building and managing decentralized business networks. The Loyakk Token Sale event is now live.
Press Release for loyakk.io