What is the strength of MiL.k? #2
Hello, this is MiL.k team.
In the previous, we explored what makes MiL.k unique from other existing point integration services.
In this article, we want to compare MiL.k with other blockchain-based point integration projects to find out the competitive strength of MiL.K.
How is MiL.K different from other point integration blockchain projects?
As introduced in the last article, there are few other blockchain projects similar to Mil.K that share a similar vision and understand the limits of existing point integration services. One of the most frequently asked questions is “What makes MiL.k unique and competitive among other projects?”
The answer is simple. It’s the feasibility of the project.
Feasibility comes in two parts, first, whether an idea can be realized and executed with the existing internal ability and resources. Second, the market has to be ready to adopt that idea because of the clear competitive edge against existing solutions.
First, MiL.K has a strong working relationship with partners in making real use cases.
The unique strength of MiL.k is that several life-style companies that are dominating the market has already joined the MiL.kK alliance. Just like Libra project, lead by Facebook, joined hands with Mastercard, Visa, and Paypal, we have partnerships with leading companies in each life-style sector. Accommodation company “Yanolja”, rental car service company “DealiveryCar” and limousine service platform “Seoul Airport Limousine” has already been providing real service to millions of users and MiL.k alliance will invite more promising companies in the future.
By inviting companies with existing infrastructure to join the MiL.k platform, the users in different services can manage and integrate their points freely in a unified manner. Also, by connecting companies in different sectors to organize a joint promotion, they can share their user pool for a higher conversion rate. In the joint promotion campaign, they can create and win-win marketing plan that would benefit them all.
Secondly, MiL.k is built on secure and fast Luniverse blockchain and Hyperledger Fabric
MiL.k is developed on BaaS(Blockchain as a Service) platform, Luniverse, operated by Lambda256 and also uses private blockchain, Hyperledger Fabric.
Point integration and trading on MiL.k platform is done on Hyperledger Fabric-based side chain. This enables quick and secure transaction and prevents unintentional information leak among services.
When Milk Coin is transferred from MiL.k platform to the exchange, Luniverse BaaS will be used. when sending coins, the transaction will be done on the Luniverse main chain which offers higher security compared to other blockchains.
Lastly, MiL.k is built user-friendly for everyone.
MiL.k app is designed for users without any blockchain knowledge. The user-friendly UI/UX offers easy integration and syncing in a few steps and users can start using MiL.k services right away.
New features that will be added in the future will be designed for every user so please stay connected and your support us.