If you have been paying attention to any media network in the world in the past few years, you would have heard about a Bitcoin Cryptocurrency Exchange. And if you have heard about that, then you must have heard a news broadcaster mutter about something which sounds like Blockchain Technology. But what is blockchain? What does it have to do with a Bitcoin? And why in the devine name of god are these financial advisors are talking about Blockchain Companies?
The reasons behind that are simple, BTC or Bitcoin and other such new digital currency run on Blockchain. As Wikipedia puts it “A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data.” But what is more amazing is that blockchain technology is mostly resistant to modification of the data. That makes this technology one of the safest means of transaction. In fact, every time you visit a Cryptocurrency Exchange you are making a transaction through Blockchain.
So why is everybody talking about Blockchain Companies? The reason behind it is simple. As we have already discussed that blockchain technology is one of the safest means of conducting financial transactions because every penny worth of transaction is monitored. That has made its primary currency BTC a popular medium. But instead of just launching and running another cryptocurrency like Doge Coin, Lite Coin or Ethereum, new blockchain companies are offering something more, or something different. One of these companies is Loyakk Inc. Loyakk is launching its own version of Bitcoin called a LYK Token.
But instead of simply giving it a monitory value, Loyakk is redefining its commercial value by adding services to it’s token. With it, you will be able to assign work to a particular party and agree on the value of work compared to the LYK Token. This will simplify all global assignments and operation and will attach the token’s value to the work.
So if you are looking to invest in a cryptocurrency that will only gain in value or want a solution to simplify your global operation visit loyakk.io and invest in their upcoming ICO
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