Friday, 25 May 2018

Omnitude is a pioneering project to revolutionize connectivity between blockchain technology and eCommerce platform.


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One of the most talked about topics in the financial services industry today is the blockchain and is the biggest market annoyance today. Originally designed to facilitate, authorize, and record the transfer of bitcoin and other cryptocurrencies. Cryptocurrency is digital money that uses blockchain technology to facilitate secure and anonymous transactions with block chain technology functioning as its backbone. This combination is increasingly linked to industries with anticipation to revolutionize traditional approaches to business and gain benefits including cost reductions, faster settlement and increased transparency.

 As always, on this occasion will provide a special interesting information in the world of Crypto. This year's ICO project deals with the world of trade and investment, before discussion, it is important for friends that the content of this blog is solely for the mere information needs, and there is no compulsion to purchase tokens. The choice is yours. And hopefully this time information related to the world of trade and investment, of course, provide little insight and interest to you involved with ICO Omnitude project.

 Introduction

 Shopping activity through cyberspace is also called ecommerce. eCommerce can be interpreted with the provision of goods and services online without limitation of distance and time. The industry encompasses a variety of technologies and several interrelated activities such as supply chains, marketing, warehousing, etc., all with one primary goal of delivering goods or services to the customer's hands, as quickly as possible, and this is where there is a market gap to make something into simpler.

 Omnitude present answer the challenge of the gap that can dimafaatkan it. Omnitude leverages the use of blockchain technology as a mediator to connect eCommerce platforms and enterprise systems. Omnitude will make the e-commerce industry more transparent, safe and profitable for all those who are interconnected within. Through blockname technology developed by Omnitude allows to root out all kinds of shopping fraud as well as better integration.

 Omnitude secures the e-commerce sector from cheating, stealing, and fraud. Even for traders and suppliers Omnitude provides solutions that help in cutting costs by completely eliminating the need for payment gateways. On a platform the user can pay via ECOM for any type of product or service available.

What is Omnitude?

 Omnitude is an intelligent blockchain platform that connects blockchain technology, eCommerce platform, and enterprise systems involved in building end-to-end supply chains. Utilizing Omnitude as an integration layer between existing systems enables rapid deployment of blockchain technology without the need to replace the current system.

 The Omnitude Platform itself will be open and transparent, allowing people to design and build Omnitude applications to integrate with existing solutions in eCommerce, Supply Chain, and System companies.

 Our Main Features

 Hyperledger

 Any entity participating in eCommerce (eg merchant, customer, supplier, courier, affiliate / referrer, or Omnitude specialist) will be able to join the Omnitude ecosystem. They will be given OID by the Omnitude Foundation and will run full or partial nodes. Depending on their role, the Omnitude Foundation will establish the level of access required to transact in the ecosystem.

 Identity and auditability

 The Omnitude Foundation will manage OID users and authenticate all participants on the network. It will be possible to use access control lists to grant the permissions layer further through the authorization of certain network operations.

 Private transactions and secret contracts

 the pattern of transactions can be observed and interpreted, sharing a risk ledger reveals details of secrets about business relationships that should not be disclosed to competitors. Even the relative trading volume of participants given is commercial information that should not be disclosed by systems that support inter-party trade.

 Benefits of Omnitude:

 Open

 Any entity participating in eCommerce (eg merchant, customer, supplier, courier, affiliate / referrer, or Omnitude specialist) will be able to join the Omnitude ecosystem. They will be given OID by the Omnitude Foundation and will run full or partial nodes. Depending on their role, the Omnitude Foundation will establish the level of access required to transact in the ecosystem.

 Secure

 In addition, Omnitude will prevent unauthorized parties from ensuring the identity and behavior patterns of other participants by checking the ledger. Omnitude will allow ecosystem participants to make certain details of secret transactions, so they are inaccessible to anyone other than the stakeholders in the transaction.

 Transparent

 Omnitude will provide in-depth search capabilities, backtracking through multiple transaction layers, to meet the data retrieval requirements stored in its blockchain.

 Omnitude Ecosystem:

 Omnitude will be built on Hyperledger, an open source project, globally, collaboration organized by the Linux Foundation. Hyperledger is a permitted blockchain protocol that enables business-to-consumer and business-to-business transactions.

 Hyperledger architecture provides core blockchain services, where the Omnitude ecosystem is built. The Omnitude ecosystem will consist of various entities, including those mentioned above (ie traders, customers, suppliers, couriers

Solutions on offer

 Omnitude is here to help merchants and sellers by providing a single identity and a single reputation system based on blockchain technology. This allows the Omnitude Identity (OID) where the customer must enter his personal identity data only once stored in Omnitude Blockchain.

 ICO Omnitude

 Merchants will use tokenECOM as a means of payment to other platform users, while customers can use it as an alternative to conventional currency. Once created, the ECOM token will be distributed as follows:

 Token

  • Token Name: ECOM
  • Platform: Hyperledger
  • Type: ERC-20
  • Number of tokens: 100,000,000
  • Token Value (Pre-sale): 1 ECOM ($ 0.40)
  • Token Value (ICO): 1 ECOM ($ 0.46)
  • Minimal Investment: $ 150
  • Payment: BTC, ETH
  • Hard cap: $ 23,000,000 (50,000,000 ECOM)
  • ICO Start Date: Q1 2018

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Token Distribution

  • Team & Advisors: 12%
  • Pre-Sales Investor: 5%
  • Token Sale Investors: 50%
  • Omnitude Foundation: 33%

Roadmap

2017
Concepts, teams, market analysis

2018
Pre-sale
Launch the Alpha Stack Hyperledger version
Build & test proof of concept iteratively
Find, design, create, reviews
Sales Token
Develop functional and technical architecture
Design a Roll-out strategy and integrate it with legacy systems
Join the Hyperledger Foundation
List ECOM in exchange
Do phase 1 & 2
Creation Code Integration & Live production node
Industrialise piles of technology and is involved with regulators
Develop models of operation and governance
Launch phase 1

2019
Take Omnitude into full production
Expand MVE
Launch phase 2


The OMNITUDE team is a group of experts with years of experience in technology and business. They believe integrating blockchain technology in today's e-commerce systems will enable rapid industry growth.

Team




Conclusion

Omnitude offers to solve problems related to the inefficiency of enterprise information systems, with the help of blocking. To unify new technologies with existing IT landscapes, it offers an innovative concept: to ensure the transition from current software to blockchain, without forcing companies to leave platforms that are outdated. Overall, the project is promising. The public put great expectations on the team of experienced professionals.

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