Omnitude : Revolutionizing the eCommerce Platforms

Recently, a friend of mine bought a phone from one of India's largest eCommerce site. The phone was of a very known brand, and it cost something around Rs. 26,000.

Now, this friend is an absolute phone expert, and just by looking at the screens, he can tell you whether this is a normal LCD or LED or an AMOLED panel.

The phone which he ordered should have got an AMOLED display, but what he got was a very normal LCD which is found in low -cost devices.

When he booted up the phone for the first time and went to settings, things became absolutely clear then - this was a fake product.
The product looked exactly like the original phone, but it wasn't the phone we paid for.

Now, this is just one incident. Thousands of users using these sites face similar issues.

Along with this, there's the issue of high payment gateway charges and fraudsters who steal products and money.

For these reasons, the eCommerce space has been crippled to some extent.
To breathe new life into it, Omnitude has decided to enter the market.

What is Omnitude?

Omnitude is a smart platform that connects blockchain technologies, eCommerce platforms, and enterprise systems. The platforms can easily integrate Omnitude over their existing system, without the need to rebuild everything.

Omnitude will allow all entities involved in the eCommerce business to sign up and use their platform. Along with this, Omnitude's added layer of securities will ensure that no fraudster can tamper with their data and transactions, thus providing unmatched security.

Also, the integrity of data and proof of all transactions will be provided by Omnitude, so that anyone who thinks that the thing is not totally transparent, can relax!

In this way, Omnitude changes the eCommerce space to a great extent.

How does it work?

Sometimes, we may end up false blaming the sites for a fake product or a scam. It might be their fault, but putting the entire blame on them might be incorrect at times.

Sometimes, the problem starts at a much preliminary place - may be right from the production part itself. This is why everything must be tracked right from the beginning.

This is exactly what Omnitude does.

Each component, right from its raw material stage, is monitored on the platform to eliminate the possibility of counterfeit products.

At key points, trusted witnesses will give the nod, and only then the data would be recorded. If a product fails to meet the expected standards, then it would be canceled immediately.

Unmatched security of the blockchain also reduces the chances of fraud and stealing of money and/or data from the Omnitude platforms.

Along with this, the payments process has also been much simplified. Now merchants and other participants can make payments and 'micropayments' using the Omnitude platform.
This would also do away with the unnecessary payment gateway charges that we have to pay.

All in all, Omnitude solves some very grave problems of the eCommerce industry using very simple solutions.

About ICO

The ECOM token is the altcoin of the Omnitude platform.

100,000,000 ECOM tokens will be created in total.

The cost of each token during the ICO sale will $0.46.

The hard cap for the sale has been set at 20.7 million dollars.

Verdict

The eCommerce industry suffers from some very serious problems, but the biggest of them are counterfeit products and scams.

These make people lose faith in the entire eCommerce system, and makes them turn away.

But with Omnitude, this is solved for once and for all.
With unmatched security, and real-time tracking of products right from its raw material stages, the concern of fake products is totally removed.
Along with this, an excellent payment system reducing the costs of payment gateways and unmatched security makes it a huge revolution in the current eCommerce industry.

Truly, Omnitude's solution will overcome a lot of challenges!

Website: http://omnitude.tech/
Whitepaper: https://files.acrobat.com/a/preview/75fe0af9-d98b-4002-863c-138b43a131ef

Blog by ollivander7
Profile: https://bitcointalk.org/index.php?action=profile;u=1069616