Omnitude-The Way of Connecting Blockchain to Enterprise Process

Have you known about a e-Commerce flatform that powered by Blockchain ? This is about it. Omnitude ECOM is a smart platform powered by the blockchain technology. It will provide the link between existing eCommerce platforms to blockchain technology. That way, current systems will not need to be replaced. The Omnitude platform is committed to staying transparent and open to the community. This will enable everyone to create Omnitude applications that can be integrated with existing application in the supply chain, e-commerce, and enterprise systems.
Omnitude ECOM Will Be Launched in Two Phases
In the first phase, the platform will be launched. It will allow various applications to be connected to the blockchain without having to replace them. In the second phase, both the team from Omnitude and the community will work towards the launching of apps for use on the platform. There are already a few apps in the works waiting for the launch of the platform.
How They Will Fund it All
The entire project is going to be funded using the ECOM token. This token will not only provide developers with the resources they need, but it will also give an opportunity to the public to be part of it all. The ECOM token will be released on the same day as the launch of the platform. This token is how users of this platform will be able to participate in the ecosystem.
The Current eCommerce Market
According to a study conducted in 2016, eCommerce is worth about $1.86 trillion. By 2021, it is expected to have reached over $4 trillion. It was also estimated that China and the US would account for about 69% of all e-commerce trade in the world. In China and India, 70% of e-commerce will take place on mobile platforms. In the use, mobile devices will account for about a third of all eCommerce.
The Problems it Faces
As the market grows, it experiences more problems from fraudsters. These criminals are always attracted to where the money is, and right now, eCommerce has big potential. It is estimated that about 45% of all suppliers and merchants dealing in eCommerce have been victims of online fraud at some point. This fraud is not only going to persist, but it is expected to keep growing. For every $100 spent in 2017, criminals stole about 5.65 cents. Part of the reason why criminals succeed is that customers have to use a bank transfer mechanism. This exposes them to an attack with ease. Besides that, the misuse of chargeback services is another reason why fraudsters are usually so successful.
How Omnitude ECOM Will Solve These Issues
Online fraud usually takes place because of identity theft. The Omnitude team will address this issue via the use of blockchain technology. The blockchain is able to create immutable records, which means fraudsters cannot easily bypass security. Besides that, since this platform will reduce the use of credit cards, it will reduce the likelihood of chargeback fraud. This will be made possible through the token to be issued alongside the launch of the platform. the internet has erased boundaries by offering everyone the opportunity to shop not only locally but globally. This new age of online shopping has spawned the international eCommerce business, which is enormous and also very complicated due to the involvement of multiple industries and activities. The need for an efficient integration of customers, retailers, manufacturers, bankers, and carriers using different business ecosystems and technologies represents a mighty challenge for the global eCommerce industry. Besides, whenever online payments are involved, there arises the acute problem of high transaction fees, transparency, security, and fraud prevention.
Omnitude offers the solution
This is where Omnitude comes in with its idea to create a comprehensive blockchain-based platform that will unite customers, retailers, manufacturers, and entrepreneurs within a single ecosystem. The best thing about the proposed solution is that it can be used in parallel with existing infrastructure systems and solutions in eCommerce and the supply chain. The companies won’t have to replace them to ensure a high level of compatibility. This will facilitate the transition process and attract more users to the system. Additionally, Omnitude will be built using the open-source Hyperledger platform, and will utilise its blockchain services to make the manufacturing and supply chains more transparent and significantly reduce fraud in eCommerce. As a result, the online retail marketplace will become safer, both for businesses and customers. While merchants will need ECOM tokens to participate in the system and pay for Omnitude services, customers will be able to use other cryptocurrencies and fiat money along with ECOM tokens to purchase goods and services.
Omnitude Token sale details
The Omnitude pre-sale started on January 30, 2018, and will last until February 2, 2018. During this period, the project aims to sell 10 million ECOM and raise $4 million. The total supply of ECOM tokens is limited to 100 million, with only 55% of them available for sale (including 5% offered in pre-sale). They are being sold at $0.40 an ECOM token. Omnitude will make the online retail marketplace more transparent, more profitable and more secure.
Omnitude is a blockchain smart platform that connects blockchain technologies, eCommerce platforms and enterprise systems involved in building end-to-end supply chains. Utilising Omnitude as an integration layer between existing systems enables rapid deployment of blockchain technology without the need to replace current systems. Omnitude enables businesses to solve problems in ways that were not previously possible, without the rise of blockchain technology. The Omnitude platform will itself be open and transparent, enabling anyone to design and build Omnitude applications to integrate with existing solutions in eCommerce, supply chain and enterprise systems. They aim to revolutionise eCommerce and supply chains with blockchain technologies.
Moreover-Omnitude
Omnitude is a pioneering project to revolutionise connectivity between blockchain technologies and eCommerce platforms & enterprise systems. The Omnitude platform will act as middleware, enabling simple integration of blockchain technology into existing systems and in doing so, transforming their capabilities. It will do this in two phases.
Phase One
The first phase of Omnitude will launch the Omnitude platform, this will enable connectivity between numerous technologies and platforms and allow them to take advantage of blockchain technology quickly and efficiently.
Phase Two
During the second phase, both the community and the Omnitude team will build Omnitude apps to solve specific use cases. There are already several Omnitude Apps designed for launch that are detailed in the use cases section.
Omnitude technology will enable a wide variety of different applications to be built. The Omnitude team will build its own, whilst supporting the community to develop their own, through open documentation, example code and support.To help fund these initiatives we are launching our ECOM utility token. As well as offering an opportunity to be an integral part of the Omnitude community, the ECOM token presents a robust option to realise the potential rewards that ground- floor involvement means for this pioneering project.
What is the ECOM token?
An ECOM token will be launched alongside the Omnitude platform. Merchants, customers and suppliers will require ECOM, crypto currency or FIAT to participate in the Omnitude ecosystem. The initial ECOM tokens issued will be used to fund the development of the Omnitude platform and ecosystem, incentivise participants to operate and secure this ecosystem and create a common settlement method for people to participate in the Omnitude ecosystem.

Official Links for More Details
Website : https://omnitude.tech/
Facebook : https://www.facebook.com/Omnitude.tech
Telegram : https://t.me/joinchat/GvyX0g8PC7_JsyUu0fruUw

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