Omnitude: what is it and how does it work? What is Omnitude? What is it for?
Omnitude is an authorized network that will be built on Hyperledger.
The nodes will be managed by parties that have been allocated by the Omnitude Foundation, where the level of access depends on the role of the participants.
Omnitude is designed to combat and eliminate the following undesirable aspects that may be encountered by participants in electronic transactions:
* fraudulent e-commerce;
* inefficiency of the supply chain;
* identity confirmation (customer support).
Omnitude is an authorized network that will be built on the basis of Hyperledger. The nodes will be managed by parties that have been allocated by the Omnitude Foundation, where the level of access depends on the role of the participants.
Uniqueness and advantages of Omnitude There are two main differences between the Omnitude platform:
* Introduction of the Identity & Supply Chain concept for the e-commerce industry. The proposed Omnitude solution consists of two main components that, when combined together, represent a unique value relationship specifically for e-commerce;
* A single definition and proof of interaction (POI). Customers will have the Omnitude Identity (OID) certificate, reducing the effort required from sellers to accurately identify the customer identity and optimize the client experience.
The history of customer preferences and their purchases is automatically recorded in the OID. Traders will also have their own OID, allowing customers to write reviews.
Elements will be tracked throughout the supply chain using irreplaceable cryptographic identifiers, where all data will be written in the Omnitude block chain. Both customers and retailers can track items from the very beginning of the journey through an external application, while traders can make disparate payments according to their progress in the supply chain to reduce counterparty risks. Although Omnitude focuses exclusively on the eCommerce ecosystem, its use cases can be extrapolated to Enterprise Resource Planning (ERP) systems.
This opens the door to a wider range of businesses that will be able to use the Omnitude infrastructure, not just e-commerce. This versatility can further strengthen Omnitude's position in the long term Omnitude is one of the rare projects that use DFBT Consensus Mechanism, which offers immediate transaction completion, high transaction speed and sufficient scalability.
This is important for solving the scalability problems facing blockbuster technology, and is a vital aspect of the e-commerce industry, where huge volumes of transactions will be conducted.
Transactions in the Omnitude system can be paid using ECOM, cryptoconversion or fiat. Such a variety of currencies is a big step towards reducing the barriers to participation. In addition, since Omnitude's success depends on network effects, a large participant base corresponds to higher transaction levels.
Omnitude has a conceptual, detailed and concise, technical document, which is an excellent way to reach out to various segments of stakeholders. Omnitude, in addition, has a large number of followers in Telegram and Twitter.
The team Chris Payner (founder / CEO) has extensive experience in the trading business, while Robert Belgrave (founder) has tremendous experience in the technological field. Ben Bennett (another founder) complements the core list with his reliable sales experience.
Partners and consultants The list of partners is quite strong, it includes experienced developers of "blockade", for example, Simon Cocking and Benjamin Van Avery, while James Worthington is a supporter of Hyperledger.
Terms The value of the token (pre-sale) is 1 ECOM = 0.40 US dollars, the value of the token (ICO) is 1 ECOM = 0.46 US dollars. Pre-sale (unfortunately, it is already over): January 30 - February 16. The main sale: March 28 - May 31. Thus, Omnitude helps to record the implementation of the transaction.
This is to ensure that a genuine product can be easily identified, and fraudulent copies are isolated. In turn, ECOM is a utility token, launched along with the Omnitude platform and this "ecosystem". Implementers, customers and suppliers will be able to continue to earn and purchase ECOM in the Omnitude system.
Web site: https://omnitude.tech/
ANN THREAD: https://bitcointalk.org/index.php?topic=2683959.0
WHITEPAPPER: https://files.acrobat.com/a/preview/75fe0af9-d98b-4002-863c-138b43a131ef
Facebook: https://fb.me/Omnitude.tech
Twitter: https://twitter.com/Omnitudeorg
Telegram: https://telegram.me/Omnitudechat
Reddit: https://www.reddit.com/r/Omnitude/
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