Omnitude ICO - Blockchain Revolution in eCommerce

brainpow (0)(1)in #blockchain • 6 years ago

About blockchain :
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.By design, a blockchain is inherently resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.
Blockchains are secure by design and exemplify a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been achieved with a blockchain. This makes blockchains potentially suitable for the recording of events, medical records, and other records management activities, such as identity management, transaction processing, documenting provenance, food traceability[ or voting. Blockchain was invented by Satoshi Nakamoto in 2008 for use in the cryptocurrency bitcoin, as its public transaction ledger. The invention of the blockchain for bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server. The bitcoin design has been the inspiration for other applications.

What is Omnitude:
Omnitude is a smart platform that connects blockchain technology to existing ecommerce platforms and entreprise systems, utilizing omnitude businesses can deploy blockchain technology rapidly and securely in an effiecient manner without the need to replace the current systems.
Omnitude will tackle some of the biggest issues that facing online transactions today, through the advantage of the blockchain technology omnitude is now able to identify solutions that help us reduce ecommerce fraud for both businesses and customers, create single customers identities to enable a quicker safe away of transacting online through any omnitude connected site, deliver transparency and implement Fast, effective blockchain integration of existing ecommerce platforms where house management systems and enterprise resource planning software.
Omnitude is an ecosystem where ecommerce transform, omnitude won ‘t just build their own blockchain technology apps, they help businesses big and small adopt this new world and they will also create a platform for growth and develop a community of light Mindy people, a community where will share our ideas, technologies, and expertise, omnitude will provide support for the ongoing development of new blockchain technology while encouraging and enabling its application across a huge range of sectors.
The ultimate aim of the omnitude Team is to make the online world more transparent, more profitable and more secure for everyone.

What is ICO ‘’ Initial coin offering’’ :
An initial coin offering (ICO) (derived from initial public offering) is a means of crowdfunding centered around cryptocurrency, which can be a source of capital for startup companies. In an ICO, a quantity of the crowdfunded cryptocurrency is sold to investors in the form of “tokens”, in exchange for legal tender or other cryptocurrencies such as bitcoin or ethereum. These tokens supposedly become functional units of currency if or when the ICO’s funding goal is met and the project launches.
ICOs provide a means by which startups avoid costs of regulatory compliance and intermediaries, such as venture capitalists, bank and stock exchanges, while increasing risk for investors. ICOs may fall outside existing regulations depending on the nature of the project or are banned altogether in some jurisdictions, such as China and South Korea.

TOKEN SALE: 28 MAR – 31 MAY

Ticker: ECOM
Token type: ERC20 ICO
Token Price: 1 ECOM = 0.46 USD
Fundraising Goal: 25,000,000 USD
Sold on pre-sale: 4,256,307 USD (15% BONUS)
Total Tokens: 100,000,000
Available for Token Sale: 55%