OMNITUDE - A gateway to a wider ecosystem -one connection, multiple applications

in #bitcoin6 years ago

Hello everyone, today I'm going to introduce you an ecosystem that will help eCommerce platforms in a sophisticated way because everything is done without the need to replace the current system and to find out more, Here's the Explanation:

Introduce OMNITUDE!

Omnitude is a radical concept in blockchain ecosystems. A middleware plug and play blockchain built on Hyperledger Fabric, for use across the whole spectrum of enterprise eCommerce platforms. Utilising Omnitude as an integration layer between existing systems enables rapid deployment of blockchain technology without the need to replace current systems. This is very cool!

By utilizing Blockchain technology, the Omnitude platform enables to assist eCommerce Company from any form of cheating who wants to enter the eCommerce Platform.

Omnitude will be built on top of Hyperledger, the open source, global, collaborative project hosted by The Linux Foundation. Hyperledger is a permissioned blockchain protocol which enables business-to-consumer and business-to-business transactions.

The Hyperledger architecture provides core blockchain services, on which the Omnitude ecosystem is built. The Omnitude ecosystem will be made up of a variety of entities, including those mentioned above (i.e. merchants, customers, suppliers, couriers and affiliates/referrers).

  • A native method of settlement between parties to access ecosystem resources.

a) Merchants will make payments in ECOM to other ecosystem participants to use the on-ledger Omnitude solutions for Supply Chain Provenance, Delivery Cycle Transparency Data, Single ID, Single Reputation and Proof-of-Interaction.

b) Customers will make payments to merchants using ECOM, crypto currencies and fiat.

  • An incentive for ecosystem participants to operate and secure the ecosystem.

a) The consistency of Omnitude’s immutable blockchain will be guaranteed by a distributed, peer-to-peer network of validating nodes running the Omnitude Core client application. In return for enforcing Omnitude’s Delegated Practical Byzantine Fault Tolerance (DPBFT) consensus algorithm, validating nodes will share in ECOM block rewards.

  • A means to raise funds for long-term development of Omnitude.

a) Through the crowdfunding, the Omnitude Foundation is raising funds for the initial issuance of ECOM, and for the development and launch of the Omnitude ecosystem.

b) The ECOM coins issued during the crowdfunding will be the initial float to bootstrap the ecosystem.

Any party will be able to join the Omnitude ecosystem and earn ECOM. It will also be possible to purchase ECOM in return for fiat currencies or other cryptocurrencies on the exchanges where ECOM are listed.

Omnitude is not a single solution blockchain application. It is much bigger than that, our vision for the business is pioneering. Not only do we add value through our eCommerce middleware solutions, we are also driving the mainstream adoption of blockchain technology through the establishment of a blockchain ecosystem.

This allows us to share our code, learnings and resources to help kick-start other blockchain start-ups and app development projects whilst enabling everyone to create blockchain solutions. Ensuring that Omnitude as a business can continue to thrive and grow not only in the online retail marketplace, but beyond that, pushing blockchain into the mainstream. We are driving mass adoption of blockchain technology.

OMNITUDE TOKEN DETAILS

The ECOM token is a utility token launched alongside the Omnitude platform and ecosystem. Merchants, customers and suppliers will earn and purchase ECOM within the Omnitude ecosystem. The token will serve several primary functions:

  • A native method of settlement between parties to access the system and it's resources.

  • An incentive for ecosystem participants to operate and secure the ecosystem.

  • A means to raise funds for the long-term development of Omnitude.

Proposed Token Sale Structure

Ticker: ECOM
Tokens: 100M (Team & Advisors = 12%, Omnitude Foundation = 33%, Pre-sale Investors = 5%, Main-sale Investors = 50%)
Inflation: None (no further tokens issued)
Private pre-sale cost: $0.40 USD/ECOM (Sold out ahead of time even during turbulent market conditions!)
Private pre-sale cap: 5 million ECOM (2 million USD)
Token Sale cost: $0.46 USD/ECOM
Token Sale hard cap: 50 million ECOM (23 million USD)
Total sale cap: 55 million ECOM (~25 million USD)

Token sale will require KYC and $50k USD limit per person, per day.

Following the 1st round, unsold tokens will be made available to all those registered with each individual able to purchase another $50k USD worth of ECOM until sold out.

This will repeat until the 5th round at which point the token sale will end if still not sold out.

In the event that the Token Sale funding cap is not reached, all remaining tokens will be burned.

Team and advisor tokens are vested based on time with 20% being released each year for 5 years.

Token price: 1 ECOM=0.46c
Total supply: 55,000.000 ECOM
Token: ERC20
Platform: Hyperledger

Up here explanation from me and for more information please visit WEBSITE here:http://omnitude.tech/ and other Links below:

WHITEPAPER:https://files.acrobat.com/a/preview/75fe0af9-d98b-4002-863c-138b43a131ef
ANN THREAD:https://bitcointalk.org/index.php?topic=2683959.0
FACEBOOK:https://fb.me/Omnitude.tech
TWITTER:https://twitter.com/Omnitudeorg
TELEGRAM:https://telegram.me/Omnitudechat

Author: Sadum
Link to Bct profile:https://bitcointalk.org/index.php?action=profile;u=1393441

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