Omnitude – Creating a New Revolution in the eCommerce Industry with their Unique Blockchain Technology

yuvadeep (50)in #cryptocurrency • 7 years ago

Hello,

e-Commerce and Blockchain Technology : -

Omnitude is creating a new revolution in the history of eCommerce through blockchain technology. Omnitude platform is designed in such a way that it enables each and every participant of the platform irrespective of their roles and designations for example it may be a merchant or a customer or a supplier or a courier or a referrer to run the partial or full node of the platform.

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Depending on their role or designation Omnitude platform provides a maximum approach to actively participate in each and every transaction of Omnitude ecosystem. The main motive of designing this platform is to enhance the security, transparency and reliability of the online retail market which results in more profits.

Identity Confirmation : -

While purchasing, the customers need to provide their personal information like name, address, mail id, and mobile number etc to prove their identity to the merchant. Providing the personal information will be repeated every time as we shop with a new merchant. Merchant also faces the difficulty of maintaining this data.

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Nowadays the online buyers are completely depending on the customer reviews for purchasing which ultimately lead the merchants for posting the false reviews.

Omnitude Solution to Identity Confirmation : -

Here in Omnitude platform, the identity of the customer is recorded once and is verified by the first merchant and then encrypted and recorded on the Onmitude blockchain. Each time when the customer goes for the online shopping the identity of the customer will be submitted from the Omnitude Client APP therefore it makes very easy and quick access to the online transactions because the identity of the customer was verified by the first merchant and recorded on the Omnitude blockchain.

There is no need for giving the identity information for each time when the customer changes the merchant and the merchant will be relaxed form the verification of the customer identity, which will enhance and increases the ease of purchasing process.

Cost of doing Business : -

The present time, merchants use banks to collect their transaction payments. Here, in this case, a merchant must pay to the service provider for each transaction.

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Omnitude Solution to Cost of Doing Business : -

Here in Omnitude platform, it is providing an alternate method of paying for merchants which will eliminates the service provider fees. Omnitude team is launching their cryptocurrency which is called as ECOM. The digital asset of Omnitude platform ECOM replaces the service provider fees with lower blockchain transaction fees to the merchants.

Omnitude through ECOM cryptocurrency enables the customers, Merchants, suppliers and other participants to make the payments to each other at lower transaction fees which is almost negligible, and which will be recorded on the Onmitude blockchain.

For More Information Please Visit : -

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Thanks And Regards,
@yuvadeep

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