[ANN] [TOKENSALE] Omnitude (eCommerce blockchain)

[alyssa.gonzalez29]

Let us all face that blockchain is really changing the way we make purchases and buy online. Once it has really been adopted on a mainstream level, business-to-business interactions will never be the same.

Because omnitude already has launched a proof-of-concept of its middleware platform provides the public a high level of confidence in investing in its ICO. This proof-of-concept does for things as per they're medium article listed on they're blog.

Proof of concept from Medium

We understand that the Omnitude vision is a very big concept, so our aim is to give participants in the Omnitude token sale a small taster of what the initial implementation of this vision could look like. This Proof of Concept tackles two of our Whitepaper cases…. Single Sign On and System Integration.

Giving a trial run is important because it gives people the chance to give feedback on the system.

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[sinfazat22ron]

Colleagues, where to register and what to do to buy tokens?

[jordanbeatskobee]

Here's some benefits of early adoption of blockchain.

Many businesses like the ease that comes from online payments, but the fees can really cut into profits. Services like PayPal and Shopify charge between 2.9 percent and 4.4 percent, depending on whether the transaction is within the U.S. or crosses national borders. This doesn’t include the many other fees you may face, such as chargebacks and monthly costs.

Some immediate benefits include the reduction of paypal and shopify fees. Those percentages will be smashed in a blockchain network. This is because the nodes verifying the transactions are essentially bypassing the centralised network that Paypal and Shopify have built. This really adds meaning to the word "disruptive" as Omnitude's CEO likes to describe it as...

Even from one of the CEO's own articles

Built upon complex cryptography, the blockchain effectively provides a permanent, incorruptible and irreversible record. This means, in theory, it leaves no room for fraud of any kind throughout the supply chain. This ability for blockchain technology to provide a full audit trail has made it attractive to multiple industries.

It really shows that the ability for the other nodes and parties along the blockchain to entirely audit every single member makes its appealing to the e-commerce industry. 

On their journey through the supply chain, an item’s location can be recorded at key points by trusted ‘witnesses’ and tagged with unforgeable cryptographic identifiers which are then written immutably to the blockchain.

This is so key when determining the rights of each party in a "he said, she said" situation. Ultimately, it comes back to the idea that governance and enforeceability of contract are at the heart of teh benefits that blockchain has to offer.

As per 1 study there have been up to 71% of all types of fraud or identity theft where credit cards were the number one element of weakness for buyers. With this information fraudsters are able to carry out transactions on behalf of the customer and steel there payment systems this causes a trust issue within the entire network upon the moment that the customers information is breached. Omnitude really eliminates this once trust is lost in a party as its middleware utilises all nodes to verify transactions.

Check the study out here: https://www.worldpay.com/global/insight/articles/2014-11/fragmentation-fraud-report

[parkscaroline838]

these guys have a huge impact on the online retailing and courier industry ....one of the biggest problems these industries have is Returns . this happens because there is a misunderstanding on the customer's orders & preferences for example what Omnitude does is thy allows the customer's details to be transferred to these online retailers in an anonymous manner via the blockchain network.. preventing this return loss which is a negative interaction between supplier and customer. This could really revolutionise how online retail does sales.

[alyssa.gonzalez29]

cms connected has some interesting stats: E-commerce sales remained strong in 2015 as online sales totaled $341.7 billion for the year, a 14.6% increase over 2014's $298.3 billion, according to non-adjusted estimates released this morning by the U.S. Department of Commerce.

Interesting to say the least that the growth has been increasing at a rapid pace but with the introduction of blockchain tech, it could seriously promote growth like nothing else....

Hackers in an e-commerce setting steal customer data through middle man attacks which Omnitude's middleware shall seek to reduce. What this does is that it enables a customer to have confidence in the system and to spend their money with ease. This is key for the token to rise in value and for Omnitude to be successful in integrating into e-commerce platforms and with e-commerce businesses.

[norristiffany970]

these guys have a huge impact on the online retailing and courier industry ....one of the biggest problems these industries have is Returns . this happens because there is a misunderstanding on the customer's orders & preferences for example what Omnitude does is thy allows the customer's details to be transferred to these online retailers in an anonymous manner via the blockchain network.. preventing this return loss which is a negative interaction between supplier and customer. This could really revolutionise how online retail does sales.

Dont forget this data can also be used between retailers they can see their transaction history of that customer from other retailers I know this is anonymised but they can still use this as a form of a marketing tool to really understand each of their customers. Also offering price incentives to customers really closing the gap that marketers have been trying to fight for.


Here is a article explaining

[joeysaladzhere]

these guys have a huge impact on the online retailing and courier industry ....one of the biggest problems these industries have is Returns . this happens because there is a misunderstanding on the customer's orders & preferences for example what Omnitude does is thy allows the customer's details to be transferred to these online retailers in an anonymous manner via the blockchain network.. preventing this return loss which is a negative interaction between supplier and customer. This could really revolutionise how online retail does sales.

Dont forget this data can also be used between retailers they can see their transaction history of that customer from other retailers I know this is anonymised but they can still use this as a form of a marketing tool to really understand each of their customers. Also offering price incentives to customers really closing the gap that marketers have been trying to fight for.


Here is a article explaining

Also whats important to remember they're not just stopping at small businesses they will also provide this data, stats etc to startups and founders who wish to build apps on their platform this will save them time, effort and money when it comes to knowing who they're selling to. Lets just stop and think just how big this really could be.

[mrbuffet101]

these guys have a huge impact on the online retailing and courier industry ....one of the biggest problems these industries have is Returns . this happens because there is a misunderstanding on the customer's orders & preferences for example what Omnitude does is thy allows the customer's details to be transferred to these online retailers in an anonymous manner via the blockchain network.. preventing this return loss which is a negative interaction between supplier and customer. This could really revolutionise how online retail does sales.

Well yeah the benefits of blockchain tech on ecommerce is huge. World Economic Forum sums it up quite nicely.

https://assets.weforum.org/editor/TIqJT3y6x3Osi24B2c3kD2jBU5MsuA1QFO2GQQTITRo.png

[Hakamoto]

Hello, I'm interested in the experience of your development team?
Can you please tell me how much is the hard cover?

[graygelato]

At first, I thought omnitude was bitting off more than they can chew as they're trying to undergo many many projects at once. The problem with that is they might spread themselves too thin. However these guys are well ontop of their game, They're planning to use Hyperledger as the trasfer protocol. Knowing Hyperledger, it can really facilitate for bloody fast transactions, we're talking 100,000 transactions a second. I'm sure with their team, and experience they'll be able to tackle it.hopefully

[janethatesloganpaul]

Let us all face that blockchain is really changing the way we make purchases and buy online. Once it has really been adopted on a mainstream level, business-to-business interactions will never be the same.

Because omnitude already has launched a proof-of-concept of its middleware platform provides the public a high level of confidence in investing in its ICO. This proof-of-concept does for things as per they're medium article listed on they're blog.

Firstly customers will be able to trial the omnitude system by registering on a trial e-commerce website.

Secondly the profile will create the customer and omnitude ID that will be registered to your identity for whichever e-commerce site that omnitude acts as it's middleware.

Thirdly the data between these different systems where omnitude access the middleware will be able to identify yourself and use it to make pretend purchases between the sites.

Finally the customers able to view an interface where it can show the entire platforms functionality as well as the code and any tasks that may be triggered during the smart contract replenishment period

At least that was outlined all on Medium through the Omnitude Blog.

[spottcoin]

Colleagues, where to register and what to do to buy tokens?

Here is the registration form: https://tokensale.omnitude.tech/register. Then follow the steps.
 

[Kellygucci]

I'm curious how they will play out their rewards based token system where users are incentivised to encourage other users to join their platform which the platform then gives the first user a bonus certain amount of tokens. Interesting to see if YouTubers and promoters will exploit this bonus system.

Whatever they decide to do, it's definitely better than just burning the tokens, They're utilising an already existing utility without having to spend additional capital to create another way to get around the platform. Nice seeing more and more icos doing this.

[loretta75]

As per 1 study there have been up to 71% of all types of fraud or identity theft where credit cards were the number one element of weakness for buyers. With this information fraudsters are able to carry out transactions on behalf of the customer and steel there payment systems this causes a trust issue within the entire network upon the moment that the customers information is breached. Omnitude really eliminates this once trust is lost in a party as its middleware utilises all nodes to verify transactions.

Check the study out here: https://www.worldpay.com/global/insight/articles/2014-11/fragmentation-fraud-report

According to the United Nations from 2008 until 2000 and 10 almost 70% of all counterfeit goods that was seized by authorities were located from its source origin in China.

Omnitude will essentially be able to tackle this issue by preventing customers from being fooled into buying counterfeit goods by enabling the identity verification of both the buyer and the seller within a private or public blockchain network.

[CJfromSA]

these guys have a huge impact on the online retailing and courier industry ....one of the biggest problems these industries have is Returns . this happens because there is a misunderstanding on the customer's orders & preferences for example what Omnitude does is thy allows the customer's details to be transferred to these online retailers in an anonymous manner via the blockchain network.. preventing this return loss which is a negative interaction between supplier and customer. This could really revolutionise how online retail does sales.

It acts as an integration layer between platforms and will essentially reduce the amount of fraud and counterfeit products within the e-commerce industry. The counterfeit issue is an essential problem that needs to be handled.

Luxury fashion is one of the Industries that have the most amount of counterfeit goods being sold and this is very popular within the Chinese e-commerce industry where are online sales grew up to 40% in 2016.

[rollingindividends]

What makes omnitude essential for the e-commerce world is that it enables the security and Efficiency of blockchain technology to be applied into any type of medium or any in system software that any company might already have what this does is that it contributes to the reduction of fees and costs that that company might bear and turns it into an issue of the past retailers face issues such as the cost of selling goods within the e-commerce industry to be 10 to 20% of a surcharge.

What customers are interested in from a blockchain perspective would be the enhanced security and overall Trust of the seller.

What this does is that it enables the entire block change network to gain confidence of the public so that they might wish to engage or transfer the data into that network and continue their purchases within a secure framework.

https://i0.wp.com/richtopia.com/wp-content/uploads/2017/01/blockchain-security.jpg?resize=638%2C378

[strelok25]

Omnitude is introducing innovative blockchain technologies that allow e-commerce buyers and sellers to make online purchases more secure and transparent, eliminating theft of personal data, and also ensures the guaranteed delivery of goods to the buyer on the basis of smart contracts.

[CJfromSA]

Omnitude is introducing innovative blockchain technologies that allow e-commerce buyers and sellers to make online purchases more secure and transparent, eliminating theft of personal data, and also ensures the guaranteed delivery of goods to the buyer on the basis of smart contracts.

Blockchain enables supply chains to feature a high degree of transparency. A recent statistic is shown that in the United Kingdom about 30% of consumers are very concerned about issues relating to the origin of products.

This is because the consumer has every right to know where they're material of the product is sourced from and whether the producer is open and available to answer any queries that the consumer might have about their product the better purchasing.

Blockchain through its universal Ledger technology operates by a network of nodes. See: https://channels.theinnovationenterprise.com/articles/how-blockchain-enables-supply-chain-transparency

[candicegordan381]

Blockchain enables supply chains to feature a high degree of transparency. A recent statistic is shown that in the United Kingdom about 30% of consumers are very concerned about issues relating to the origin of products.

This is because the consumer has every right to know where they're material of the product is sourced from and whether the producer is open and available to answer any queries that the consumer might have about their product the better purchasing. Blockchain through its universal Ledger technology operates by a network of nodes.

Omnitude utilises this need by providing a plug-and-play solution to existing supply chains within the e-commerce industry.

A number of supply chains already utilised blockchain technology. It establishes provenance and essentially governance over all nodes in the private network. This enables transparency within the entire network meaning that businesses are more portable.

[h3h3lovesmee]

Omnitude is introducing innovative blockchain technologies that allow e-commerce buyers and sellers to make online purchases more secure and transparent, eliminating theft of personal data, and also ensures the guaranteed delivery of goods to the buyer on the basis of smart contracts.

Omnitude utilises middleware to connect to existing e-commerce tech. Through this every node has the ability to validate and verify transactions and exchanges of value. This enables each verifier two have authority or any exchanges of value. Hence if one node in this network does not comply with the standards, it will be exposed to all the other nodes in the network.

 This ultimately means that that non complying node will lose trust and credibility within the network. This causes the network to have a high degree of trust amongst each other.