[ANN] [TOKENSALE] Omnitude (eCommerce blockchain)

[janethatesloganpaul]

International Traders always had the issue of language barriers. If a platform is utilised by an international seller or buyer of an e-commerce supplying warehousing or selling site, then language will be an issue.

However if Omnitude's platform is able to integrate well into these types of software, then it will be able to handle this issue with ease. This explains how difficult it is for international eCommerce with cross platform support.

That makes sense as there are 200 languages with 3 million or more speakers, and at least another 1000 languages spoken by more than 100,000 people. It’s impossible for an SME to have a workforce fluent in all of them, and many would not be able to cover the expense of using a translation company.

Then, there is the issue of translation. Ensuring the audience can read the message is just the beginning; they need to be able to understand the message too. This is particularly relevant to any sector or industry where products and processes can be difficult to explain. If they are hard to explain in their own language, imagine how difficult it would be to properly translate into 20 or 25 languages!

[CJfromSA]

Omnitude's platform will help in accurate delivery times for customers provided that there are no other issues along the supply chain with shipping. This is how Amazon runs their supply chain. Omnitude as it is plugged into SME will help various platforms integrate well and blockchain enable them all.

https://2tor-test.s3.amazonaws.com/mktg/main/syr-mba-sb05/content/6dc117dd5e044a598706afcea75a0237/Supply_Chain_Amazon.jpg

[candicegordan381]

It will need to provide real-time data of where the item is along the shipment process and hence can be integrated into shipping platforms. Omnitude will be able to bring this if the systems that are currently being used are not cross compatible. This will cause a loss in the data value that businesses can extract from it.


Here it shows the importance of real time business data.

The most important asset anyone can have in business is good data. Success in the business world is all about making decisions, making them well and making them quickly. And the better informed one is, the easer that is to do. With data never previously available on the scale it is today, the art of success has shifted from being good at acquiring it, to being good at processing and extracting value from it.

[Kellygucci]

With the use of blockchain tech more artificial intelligence will be able to the integrated as time goes on. Catching of human error and other manual errors, will be something that Omnitude can look into and will be something valuable to its platform.

ESG research shows that 29% of security professionals think that AI-based cybersecurity tech will accelerate incident detection. As Omnitude grows, its ability to help prevent or totally eliminate cybercrimes like fraud will be more prevalent.

[alyssa.gonzalez29]

It will need to provide real-time data of where the item is along the shipment process and hence can be integrated into shipping platforms. Omnitude will be able to bring this if the systems that are currently being used are not cross compatible. This will cause a loss in the data value that businesses can extract from it.


Here it shows the importance of real time business data.

The most important asset anyone can have in business is good data. Success in the business world is all about making decisions, making them well and making them quickly. And the better informed one is, the easer that is to do. With data never previously available on the scale it is today, the art of success has shifted from being good at acquiring it, to being good at processing and extracting value from it.

Customer service will also be able to boost it because customers will have accurate product assortment and quantity. There will be less issues of customers paying for products and the warehouse not being able to send it off for shipment. This is because Omnitude platform will be able to understand and conveyed to the seller or supplier that a particular item is out of stock and automatically replenish it.

[candicegordan381]

Customer service will also be able to boost it because customers will have accurate product assortment and quantity. There will be less issues of customers paying for products and the warehouse not being able to send it off for shipment. This is because Omnitude platform will be able to understand and conveyed to the seller or supplier that a particular item is out of stock and automatically replenish it.

Improved customer service will be one of the benefits of utilising blockchain tech through Omnitude because it allows the seller to communicate with a verified identity. Omnitude  OID will promote thorough verification through different nodes of the blockchain verifying transactions and users themselves. This gives the entire network a sense of confidence over the traditional centralised model.

Ultimately, within the example of the shipping industry, there will be a lower number of issues recorded for customers paying for products and the product not being in stock. This is because there will not be any delays or latency issues and items can be replenished as they diminish.

[janethatesloganpaul]

I’m not so familiar with all these terms and technologies... But why does Omnitude bet on Hyperledger?

Omnitude can have a positive impact on the business organizations. It will help them in their rapid development and growth because soon most of the people will be used blockchain payment techniques. It will allow them to revolutionize their website to provide the best customer experience and increase the revenue. Using Linux Foundation tech for the blockchain gives them confidence that the backbone of the system is rooted in deep research and development.

[robinzzon]

Technically, how difficult would such a product be? How big will the ecosystem and all the systemic connections be?

[h3h3lovesmee]

Omnitude and it's middleware platform will allow retailers to decrease purchasing cost. This is because the supply chain will be able to quickly deliver expensive products and avoid holding them in the supplier’s warehouse for a longer period of time. Procurement savings are the direct result of reducing purchasing costs. This will happen when a supplier's terms and discounts are reviewed thoroughly and deliveries are consolidated. It creates savings on delivery charges and the charges of accepting the processing fees.

[candicegordan381]

Decreasing purchasing costs is one way that a supplier can reduce overall overheads. Reviewing stock levels in replenishing stock through an automated system of ultimately cause the supplier to save money on the wasted time and save opportunity cost from a customer buying or wanting to buy a product that appears out of stock. Stock that it's left in the warehouse is actually dead money because it's not able to be sold if it is not listed properly on the e-commerce site.


A customer will not be able to purchase that product despite having the intention to do so. Omnitudewill help businesses replenish stock at a much quicker pace because the blockchain will be able to reduce latency and lag time and have more accurate readings in real time data.

[graygelato]

Omnitude would integrate well with them to move them from the cloud to the blockchain. This is because they would like to get the most out of their suppliers and this can be a complicated and waste of time process.

Omnitude will allowed e-commerce sites to create and maintain detailed prices and inventory management statistics so that they're able to better integrate within an existing system. It really does have a two fold Effect. One is that it is essentially migrating a lot of the technical theoretical framework that the e-commerce platform will already exist on.

The other is that it is also a plug and play hassle-free type of integration software that doesn't require much actual migration.

Omnitude middleware will ensure that staff are able to be trained on one platform that integrates all the other existing platforms. Hence will be more cost effective to purchase and encourage staff to save money wherever possible.

Purchasing Systems that will be linked through Omnitude’s middleware will gain a significant advantage.

The technology will cut down on communication course as data can be transferred in immediately upon triggers that will be set by the supplier.

[parkscaroline838]

Saving costs is only one of the benefits of Omnitude . It's primary benefit is to enable e-commerce websites to adopt blockchain technology in a very quick manner.

This fast deployment will allow them to gain the main benefit of adding security and verification of nodes and parties  wishing to have contractual relationships with the supplier.

[norristiffany970]

Omnitude and it's middleware platform will allow retailers to decrease purchasing cost. This is because the supply chain will be able to quickly deliver expensive products and avoid holding them in the supplier’s warehouse for a longer period of time. Procurement savings are the direct result of reducing purchasing costs. This will happen when a supplier's terms and discounts are reviewed thoroughly and deliveries are consolidated. It creates savings on delivery charges and the charges of accepting the processing fees.

could not agree more, Omnitude   can provide lower costs plus because they are a blockchain transaction platform..

they allow the retailer for example to track the purchase transactions of those customers. This will give a retailer a better understanding of how their customers make their purchases decisions, also it will allow their client to obtain information about their customers to then market it back to them in a more appropriate fashion… rather than of just blindly throwing ads there way

they can now customise those ads to better match the customer's preferences.

[joeysaladzhere]

Omnitude and it's middleware platform will allow retailers to decrease purchasing cost. This is because the supply chain will be able to quickly deliver expensive products and avoid holding them in the supplier’s warehouse for a longer period of time. Procurement savings are the direct result of reducing purchasing costs. This will happen when a supplier's terms and discounts are reviewed thoroughly and deliveries are consolidated. It creates savings on delivery charges and the charges of accepting the processing fees.

100% I could not agree more, Omnitude can provide lower costs plus because they are a blockchain transaction platform..

they allow the retailer for example to track the purchase transactions of those customers. This will give a retailer a better understanding of how their customers make their purchases decisions, also it will allow their client to obtain information about their customers to then market it back to them in a more appropriate fashion… rather than of just blindly throwing ads there way

they can now customise those ads to better match the customer's preferences.

[CJfromSA]

I love how they used the idea of Proof of interactions as a sort of baseline on how to counteract fraud transactions. They can look at any transaction, seeing when it was made between the two parties is there the previous history from that one party and also identify whether or not one party is a reliable client or not via this way. Now that is the best way to utilise blockchain tech to your advantage!

[janethatesloganpaul]

If I had to say their most interesting aspects, I'd say it's Omnitude ability to improve small businesses.. they understand that there is a grand influx of data floating around the Enterprise Arena and their idea is to utilise this to help improve functionalities and supply chains of companies alike.

For example if you can rule out all the transactions and preferences of your customers you could potentially improve sales by having a deeper understanding of who you're selling to.

Yeah I agree it really does level the playing field between the small guys and the large corporates managing to fit your position in the playing fields and really utilising Enterprise resources.

At the end of the day, this is the good corporate social responsibility we need to see from more ico teams. Way to go Omnitude !!

[mrbuffet101]

To get my full head around this, and to put it easily, essentially their aim to make the online retail marketplace a more transparent, secure and profitable industry.

This will in place confidence within the customers of their own privatised network; ultimately allowing them to bring integrity and trust back into the online retail industry. That's what I think should the be the focus on, and the KPI of their ico .

[coin63]

How many tokens are planned for the sale?

50 million ECOM!

[quality89]

Welcome to the newcomers! The token sale is live, and its $0.46c per ecom, we have a daily personal cap of $50k! and a min entry of $150.

[CJfromSA]

I saw following on the "omnitude" homepage. This is something big, anyone noticed that?

ICO bench 4.7
Track ICO 4.6
ICORanker 98%
ICOmarks 9.2

You got it right. These high ratings are a proof that the project idea is good and will be a success. There are thousands of ICOs coming every week and the best way to judge any ICO is to check its rating from various ICO benchmark sites. These ratings are just a GREEN signal to go and invest in the omintude project