The Omnitude blockchain-system for improving e-commerce platforms

cryptotaofficial (56)in #ico • 6 years ago

About the project

The Omnitude platform will act as a middleware, allowing you to simplify the integration of blockchain technology into existing systems and thereby transform their capabilities. Omnitude will provide an alternative payment mechanism based on the cryptocurrency, which eliminates the provider's fee and replaces them with a lower commission for the transaction. The development is able to protect against fraud in the field of e-commerce, integrating the use of a single client identifier with any site connected to Omnitude. The project is at a transitional stage after token presale. According to the road map, the next stage - the main sale of tokens, which will be held from March 28 to April 25, 2018.

Implementation of the concept

Customers with Omnitude Identity (OID) will enter their own personal identity data and preferences, which will be checked, encrypted, and written to the project's blockchain. This will speed up and facilitate the buying process, increase client’s satisfaction and loyalty. In turn, traders will have to spend less effort checking the client’s IDs, because they will be able to check the provided data in their hash on the Omnitude blockchain. The reputation of Omnitude will create trust between traders, customers, and suppliers. With the OID system, the customer and trader (or trader and supplier) will be able to make transactions if their reputation is legitimate. The Omnitude blockchain will be attached to the Bitcoin and the Ethereum networks. Periodically, Omnitude will take each part of the significant data in its system and compute one hash that can be used to check the state of the system based on the source data. Smart Contract applications will encode the logic caused by specific types of transactions on the channel.

The unified identification of Omnitude will reduce the effort required by traders to establish the identity of the customer and will provide a simplified and quick operation for customers.

Crew

A team of developers from the UK, led by the CEO and founder of Omnitude Chris Painter and co-founder Robert Belgrave, has experience more than 10 years in e-commerce design. Blockchain expert Benjamin Van Every, participated in several projects on coding and launching a business with cryptocurrency assets, has degrees in physics (MA, Oxford University) and Petroleum Engineering (MSc, Imperial College, London). Specialist Michael Donald is an adviser who served on a board of Visa UK from 2011-2017. Among the advisors is a member of the Forbes Technology Council Sally Eaves - an experienced author who regularly contributes to leading business technologies and management. AdvisorsBlockchain Mob are experts in blockchain technologies and have experience in all phases of the software development process. Experts in blockchain development, ICO solutions, blockchain frameworks and the provision of their specialists are proud to support the growth of Omnitude.

ICO

The ECOM digital money unit will be issued by the amount of 100,000,000. Note the fact that no additional tokens will be issued. The price of the private pre-deposit was $ 0.40 USD / ECOM. This stage of the company was successfully completed, where the hard cup 10 million ECOM (4 million US dollars) was reached.

The main sale on the ICO, which will occur in the near future, will be under the following conditions: $ 0.46 USD / ECOM, where the hard cup 45 million ECOM (20.7 million US dollars).
To purchase tokens, you will need to pre-register with KYC and a limitation of $50,000 per person. Unrealized coins after the 1st phase will be available to all registered participants who will be able to purchase another $ 50k ECOM.

This will be repeated until the 5th phase of the sale after then the process will end until the entire amount is sold. In the event that the value of hard cup for the sale of tokens is not reached, all remaining tokens will be destroyed.

As for the conditions for the distribution of tokens:

12% will receive team members and advisors;
50% is for ICO investors;
33 % is for the needs and development of the project;
5 % is reserved for investors of pre-sale.

The ECOM token will be launched along with the Omnitude platform. Traders, customers, and suppliers require ECOM, cryptocurrency or FIAT to participate in the Omnitude ecosystem. The ECOM source markers will be used to finance the development of the Omnitude platform and ecosystem, encourage participants to work, ensure the safety of this ecosystem, and create a common calculation method for people participating in the Omnitude ecosystem.

The Omnitude Foundation will use all the funds received from its share of assembly revenue to support the continued development of the Omnitude ecosystem, where:

5% — On research and development;
60% — OMNITUDE Platform;
10% — Business development;
20% — Marketing strategy;
5% — Legal support.

Conclusion

Omnitude is able to make the online retail market more transparent, profitable, and secure. Using the project in the future will allow you to configure blockchain technology without replacing existing systems.

To help fund these initiatives, an ECOM token is launched, for buying of which there are no minimum restrictions. In addition, there are rewards that attract funds at the first stage of the innovative project.

There are already several Omnitude applications for launch, which are described in detail in the white paper section. Among them, one can note the launch of the alpha version of Hyperledger, a blockchain protocol that allows transactions in B2B and B2C directions. Integration of two projects for the development of interbranch blockchain technologies supported by dozens of well-known leading companies in several sectors will ensure transparency, durability, interoperability, and support of the global digital community.

[embed]