OMNITUDE – The Ecommerce Revolution by Blockchain Technology

Hallo guys, see you again on my blog, now I will introduce about Omnitude project. more details let me just explain as follows:

About Omnitude

Omnitude is a platform built on hyperledger that integrates blockchain into eCommerce and enterprise systems involved in building end-to-end supply chains, with the native ‘ECOM’ utility token serving as the underlying layer of settlement for the platform. Utilising Omnitude as an integration layer between these systems enables rapid deployment of blockchain technology without the need to replace existing infrastructure.

Omnitude can help achieve:

• The creation of transparent and accountable manufacturing and supply chains

• A significant reduction in eCommerce fraud

• The enablement of a single customer identity for use across any Omnitude connected eCommerce site

• Blockchain integration between enterprise systems such as ERP & WMS

….and many more solutions from Omnitude and the community in the form Omnitude DApps.

Benefits of blockchain technology

Blockchain technology delivers new periods of conservation and transparency in many areas of our lives. With each new blockchain project being released, consumers are becoming increasingly aware of the level of transparency that businesses can choose.

This will lead to greater demand from consumers for detailed details and access to data, transactions and what is being processed on their behalf. Companies that do not embrace blockchain technology will be left behind in an already competitive market driven by consumer choice.

Omnitude will be built on Hyperledger, the open source, global, collaborative project hosted by The Linux Foundation. Hyperledger is a permitted blockchain protocol that enables business-to-consumer and business-to-business transactions.

Hyperledger architecture provides core blocking services, where the On Country ecosystem is built. The ecosystem unity will consist of various entities, including those mentioned above (ie traders, customers, suppliers, couriers and affiliates / referrers).

1) The original settlement method between parties to access ecosystem resources.
a. Merchants will make payments in ECOM to other ecosystem participants to use Omnitude on-ledger solutions for Supply Chain Provenance, Transparency Cycle Transmission Data, Single ID, Single Reputation and Interaction Evidence.
b. Customers will make payments to merchants using ECOM, crypto and fiat currencies.

2) Incentives for ecosystem participants to operate and secure ecosystems.

a. The tireless consistency of Omnite’s capchut will be guaranteed by a distributed peer-to-peer network that validates the nodes that run the Omnitude Core client application. In return for implementing the Byzantine Byzantine Byzantine Byzantine Byzantine Byzantine Action Delegation (DPBFT) delimiting algorithm, validating the nodes will distribute the ECOM block prize.

3) the means to raise funds for the long-term development of Omnitude.
a. Through the crowdfunding method, the Omnitude Foundation raised funds for early ECOM publishing, and for the development and launch of the ecosystem of Oneness.
b. ECOM coins issued during crowdfunding will be the initial buoy to bootstrap its ecosystem.
Every.

Proposed Token Sale Structure

Ticker: ECOM
Tokens: 100M (Team & Advisors = 12%, Omnitude Foundation = 33%, Pre-sale Investors = 5%, Main-sale Investors = 50%)
Inflation: None (no further tokens issued)
Private pre-sale cost: $0.40 USD/ECOM
Private pre-sale cap: 5 million ECOM (2 million USD)
Token Sale cost: $0.46 USD/ECOM
Token Sale hard cap: 50 million ECOM (23 million USD)
Total sale cap: 55 million ECOM (~25 million USD)

Token sale will require pre-registration with KYC and $50k USD limit per person (final cap still being finalized).

Following 1st round, unsold tokens will be made available to all those registered with each
individual able to purchase another $50k USD worth of ECOM until sold out.

This will repeat until the 5th round at which point the token sale will end if still not sold out.
In the event that the Token Sale funding cap is not reached, all remaining tokens will be
burned.

TIM