Traditional eCommerce platforms operate at a disadvantage to sellers and buyers alike. By 2020, the estimated value of eCommerce stored will reach 20 billion dollars. However, this forecasted growth will not have any impact on buyers and sellers. Rather, eCommerce stores will benefit the most from the growth. Furthermore, most eCommerce stores display favoritism towards their own products while reducing the the exposure of the goods of other retailers. Mind you, eCommerce stores also charge a certain percentage on each sales. To solve these fraudulent practices by eCommerce stores, Omnitude aims to use both blockchain technology and hyperledger platform.
Why Omnitude
Omnitude aims to level the playing field for retailers and buyers by reducing the cost of selling online. By integrating eCommerce and blockchain technology, developers will be able to build applications on Omnitude's blockchain empowered platform. Yes, omnitude brings myriads of opportunities to eCommerce. What's more? Omnitude introduces the proof of interaction to help small retailers to have an edge in sales. With this novel concept, buyers will be able to see that the writer of the review also bought the product. Thus, trust in product reviews increases and this increases the chances of the purchase of goods. In addition, this blockchain aims to create a transparent and immutable operation that will allows buyers to track the location of their goods accurately. It prevents tampering of goods location by a third-party by using real-time data stamping - this creates a trustless system between the consumers and the retailers
Omnitude offers you absolute data privacy. This is so much different than conventional eCommerce stores that are easily hacked. The magnitude of data that we share online when we visit eCommerce and other online websites is mind boggling. To curb this, Omnitude will limit the amount of your information divulged to retailers. For instance, your address will only be accessible to only one courier instead of different retailers.
Lastly, through the ECOM token, users can transact on the plarform and the token will be used to unlock the premuim features of omnitude. Omnitude aims to build an ecosystem where developers, sellers, and buyers will operate and transact at lower rates with increased transparency.
Token Details
Token: ECOM
Platform: Hyperledger
ICO Price: 1 ECOM = $0.46
Accepting: ETH, BTC, WIRE
Soft cap: $10,000,000
Hard cap: $15,700,000
Whitelist/KYC: YES
TEAM
For more information visit
Website: http://omnitude.tech
Whitepaper:https://files.acrobat.com/a/preview/75fe0af9-d98b-4002-863c-138b43a131ef
Blog: https://medium.com/Omnitude
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2683959.0
Twitter: https://twitter.com/Omnitudeorg
Facebook: https://fb.me/Omnitude.tech
Telegram Community:https://t.me/joinchat/GvyX0g8PC7_JsyUu0fruUw
Writer: sweedy
Bitcointalk profile link;http://bitcointalk.org/index.php?action=profile;u=1821234;sa=account
