Just thought this was knid of cool. If you combine the two names then you can come up with Loki. Here are a few things from Wikipedia,
Loki is the god of mischief in Norse mythology.
LOKI refers to a family of cryptographic block ciphers.
The Shape changing God of Mischief in Scandinavian mythology, Loki is known for playing tricks on animals, humans and gods alike. As the trickster, Loki changes his own appearance to suit his needs. He plays some part in Ragnarok, the end of the world in Viking myth. For this reason he is often interpreted as a Satan figure.
I can see some similar traits going on here between the smoke monster and Loki. I am not saying that is who he is just thought it was cool. Feel free to elaborate or beat me up