Omnitude is a radical concept in blockchain ecosystems.

Not only creating our own blockchain solutions that integrate enterprise systems, supply chains and eCommerce platforms. But also enabling a community of app developers that can imagine, build and deploy blockchain solutions to real world problems.

With global eCommerce sales reaching $1.86 trillion in 2016 and a projected sales revenue of $4.48 trillion 2021, online retail shopping is one of the largest global markets. However, this industry suffers some serious challenges. For example, 45% of online merchants and suppliers report losses greater than $1 million in revenue due to challenges faced when integrating cross-channel capabilities into their commerce strategy.

Online payments are a further instance where eCommerce merchants lose out, with an average of 5.65 cents lost per $100 spent due to fraud. The Nilson Report estimates that $31 billion will be lost to the misuse of online chargeback rights alone by 2020. This is not to mention clean fraud (impersonation of legitimate cardholders), account takeovers, identity fraud, and re-shipping scams.

An ECOM utility token will be launched alongside the Omnitude platform. Merchants, customers, and suppliers will require ECOM to participate in the Omnitude ecosystem.

The ECOM token will serve several primary functions:

A native method of settlement between parties to access ecosystem resources.

a). Merchants will make payments in ECOM to other ecosystem participants to use the on-ledger Omnitude solutions for Supply Chain Provenance, Delivery Cycle, Transparency Data, Single ID, Single Reputation and Proof-of-Interaction.

b). Customers will make payments to merchants using ECOM, cryptocurrencies, or FIAT.

An incentive for ecosystem participants to operate and secure the ecosystem.

The consistency of Omnitude’s immutable blockchain will be guaranteed by a distributed, peer-to-peer network of validating nodes running the Omnitude Core client application. In return for enforcing Omnitude’s Delegated Practical Byzantine Fault Tolerance (DPBFT) consensus algorithm, validating nodes will share in ECOM block rewards.

A means to raise funds for long-term development of Omnitude.

a). Through the crowdfunding, the Omnitude Foundation is raising funds for the initial issuance of ECOM, and for the development and launch of the Omnitude ecosystem.

b). The ECOM coins issued during the crowdfunding will be the initial float to bootstrap the ecosystem.

We are driving mass adoption of blockchain technology.

Whether you are a big business with global reach, a small business who wants to grow, or an individual who wants trust, security and ease of interaction online, the aim is the same. https://omnitude.tech/about.html

A middleware blockchain platform that works for every eCommerce business and their customers.

Big Business: Big enterprise businesses have complex WMS, CMS and ERP systems that have been put in place by differing providers at different times in their growth

Small Business: Small businesses cannot afford to invest in these complex systems so will never truly be able to compete with the big boys in terms of managing their data to deliver business information

Core Principles

Collaboration: With the meteoric rise of blockchain technologies, integration & collaboration with others becomes more and more resource and time intensive.

Omnitude will allow blockchain projects to easily integrate with each other, speeding up development cycles and reducing cost, whilst also allowing for innovation by combining these technologies.

Omnitude will allow blockchain projects to easily integrate with each other, speeding up development cycles and reducing cost, whilst also allowing for innovation by combining these technologies. Adoption: Technology is evolving faster than ever before, and we believe the greatest applications are yet to be conceived. These ground-breaking platforms will no longer only be available to their creators or the elite. Everyone will reap the rewards as we make blockchain technology available to everyone, on even terms.

Innovation: Think it. Discuss it. Refine it. Create it. Omnitude has no anchors and is on a voyage of continual discovery and improvement. To be truly innovative you need no boundaries. We want to have solutions to problems that don’t even exist yet.

Accountability: We say it. We do it. We own it. As will our customers and their customers alike. We will help build this world of trust and accountability through ever-evolving technology, but also by the DNA of our business. We will continue to deliver at the very highest level, for you.

Revolution: Blockchain is already shaping our future. It will change our view of industries as we see them today, as we are on the cusp of a new generation of transparency and openness. We’ve only witnessed the beginning of the blockchain revolution.

Core features