Simply put, Omnitansi is a Blockchain solution that aims to solve two real-world problems (1) Ecommerce scams and (2) different systems. The Omnitude platform will serve as a middleware that integrates Blockchain technology into existing enterprise systems and e-commerce software. In doing so, Omnitude provides connectivity without the need to replace the current system.
The result will be a revolutionized online retail market supported by Hyperledger, which makes the ecosystem more transparent, more profitable, and more secure. To develop a collaborative community, Omnitude also allows app developers to imagine, create and implement Omnitude Apps to solve specific usage cases using Omnitech. All participants (eg Traders, Customers, Suppliers) of the Unity ecosystem will use signs, alarms, or FIAT ECOM to perform operations such as transactions or settlements.
So why Omnitude?
In 2016 alone, global e-commerce volumes and values are expected to reach $ 1.86 trillion and are projected to be $ 4.48 trillion by 2021. However, this booming online industry is facing some serious challenges. Cheating e-commerce not only makes speed, but also develops into a problem for traders. In 2016, for every $ 100 transaction, fraudsters save 5.65 cents. Security vulnerabilities exist in the online e-commerce world where phishing, pharming, and man-in-middle attacks continue to create opportunities for "net cheating," "identity fraud," "account takeover", "resubmitting", " ". With Omnitude, all of this can be stopped!
Omnitude solutions for E-commerce scams are the "Single Identity" and "Single Reputation" protocols that verify a person interacting as he or she claims. The customer details will be stored in Blockchain and this means there will be no centralized storage location that is vulnerable to hacking and potential data leakage. By only allowing transactions using ECOM, cryptocurrencies and FIAT, credit card chargeback frauds will also decrease significantly. To protect customers from merchant fraud, Omnitude also provides delivery cycle data, which helps with the release of payments depending on the delivery stage.
In the world of Supply Chain, goods are physically transferred from supplier to customer and then financial payment from customer to supplier. The supply chain is big business. It is rooted in our daily lives. However, this big business is significantly affected by inefficiencies on the financial side - payment reconciliation is done manually and is time-consuming, expensive, prone to man-made mistakes, and is subject to delays. In addition, counterfeit imports of counterfeit and pirated goods pose a deadly threat to the industry. With Omnitude, all of this can be prevented!
The Omnitude to Supply Chain solution is the Delivery Cycle data that automatically marks each item or shipment with the identifiers to be tracked as they move along the supply chain. At different delivery stages, the location of the item will be recorded by trusted "witnesses" and written on Blockchain. The manual reconciliation will be made obsolete with the Smart Contract because payments are automatically released to the supplier when milestones are reached (eg successful delivery). This will be a real-time, auditable, tamper-proof realistic solution.
ECOM New Economy
As mentioned earlier, Omnitude is built on Hyperledger, an open source protocol allowed by Blockchain that enables business-to-consumer and business-to-business transactions. The diagram above illustrates the interactions between different entities such as traders, customers, suppliers and ECOM use within the ecosystem.
The ECOM tag serves several functions but there are three main goals:
The original settlement method between the parties to access the ecosystem resources
Incentives for ecosystem participants to operate and secure ecosystems
How to raise funds for long-term Omnitude development
On token sales, 45,000,000 ECOMs will be sold, raising the hard cover 20.7 million USD with each ECOM for $ 0.46. Pre-sale has been completed and will end March 28 will be the first day of sale of tokens. So, see you there and then!
* Note: Sales Token will ask for KYC and everyone will have a $ 50,000 cap.
For more information :
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The bitcointalk name: Icaica22
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