OMNITUDE

9 min readFeb 10, 2018

OMNITUDE

Omnitude is a blockchain smart platform that connects blockchain technologies, eCommerce platforms and enterprise systems involved in building end-to-end supply chains. Utilising Omnitude as an integration layer between existing systems enables rapid deployment of blockchain technology without the need to replace current systems.

The Omnitude platform will itself be open and transparent, enabling anyone to design and build Omnitude applications to integrate with existing solutions in eCommerce, supply chain and enterprise System.

Our Core Features

Hyperledger

Any entity participating in eCommerce (e.g. merchant, customer, supplier, courier, affiliate/referrer, or Omnitude specialist) will be able to join the Omnitude ecosystem. They will be granted an OID by the Omnitude Foundation and will run a full or partial node. Depending on their role, the Omnitude Foundation will assign the appropriate level of access required to transact in the ecosystem.

Identity and auditability

The Omnitude Foundation will manage user OIDs and authenticate all participants on the network. It will be possible to use access control lists to provide further layers of permission through authorization of specific network operations.

Private transactions and confidential contracts

transaction patterns can be observed and interpreted, shared ledgers risk disclosing confidential details about business relationships that should not be revealed to competitors. Even a given participant’s relative volume of trade is commercial information that should not be revealed by a system supporting trade between parties.

Digital currencies, which have gained a spectacular upward trend in recent years, are increasingly influencing the world economy. Consumers’ spending habits, methods of buying and new developments in digital currencies seem to make them indispensable in the coming days. However, with the development of the Internet, purchasing decisions are increasingly moving toward the digital platform, which means that the habit of using and evaluating money is gradually shifting to the digital world, and this area has begun to lay the foundation for an economic system. As soon as a new technology or process is deployed to prevent fraud, the fraudsters find a weakness to exploit or alternatively focus their attention elsewhere. Mirroring the rapid increase in the popularity of mobile payments, it is evident that online fraud is expanding rapidly beyond traditional PCs to mobile and tablet devices, which is will likely to accelerate in the future. Mobile devices face the same security risks as PCs and laptops, including viruses and other types of malware. Although the threat from mobile malware has increased significantly over the past few years, smartphone security does not yet match traditional computer security. For instance, security software is less common in smartphones, OSs (operating systems) are updated less frequently and mobile social networking applications sometimes lack detailed privacy safeguards. In many developed countries, CNP accounts for 60%-70% of all card fraud and is increasing. This booming online industry is facing some serious challenges. 45 percent of merchants and suppliers have lost more than $1 million in revenue! Online payment fraud is set to not only keep the pace, but grow to an even bigger problem for eCommerce merchants.

In spite of being these problems, Omnitude created the best solution. Omnitude’s Single Identity and Single Reputation will provide the means to help merchants reduce the most usual form of eCommerce fraud, Identity Theft, whereby fraudulent transactions are undertaken using a different identity, typically spending on someone else’s credit card or account.

Omnitude’s Supply Chain solution will allow individual items or shipments tagged with identifiers to be tracked as they move along the supply chain, for example from raw materials, to components, to assembled goods, to finished products, to final customer delivery.

What is Omnitude?

Omnitude is a revolutionary project to develop connectivity among blockchain technologies and eCommerce platforms & enterprise systems. The Omnitude platform will performance as middleware, enabling simple integration of blockchain technology into current systems and in doing so, transforming their capabilities. It will do this in two stages.

The first stage of Omnitude will launch the Omnitude platform, this will enable connectivity among various technologies and platforms and permits them to take advantage of blockchain technology rapidly and efficiently.
For the period of the second stage, both the community and the Omnitude team will build Omnitude apps to solve specific use cases. There are already numerous Omnitude Apps designed for launch that are detailed in the use cases section.

Omnitude will create the online retail marketplace more transparent, more profitable and more secure. Omnitude is a blockchain smart platform that connects blockchain technologies, eCommerce platforms and enterprise systems involved in building end-to-end supply chains. Using Omnitude as an integration layer among existing systems enables rapid deployment of blockchain technology without the need to replace current systems. Omnitude allows businesses to solve problems in ways that were not previously possible, without the rise of blockchain technology.

Omnitude can help;

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 among enterprise systems such as ERP

Briefly, the Omnitude platform will itself be open and transparent, allowing anyone to design and build Omnitude applications to integrate with existing solutions in eCommerce, supply chain and enterprise systems. Omnitude aims to revolutionize eCommerce and supply chains with blockchain technologies. Additionally, Omnitude technology will qualify an extensive variety of different applications to be built. The Omnitude team will build its own, whilst supporting the community to develop their own, through open documentation, example code and support.

What is the ECOM token?

An ECOM token will be launched alongside the Omnitude platform. Merchants, customers and suppliers will require ECOM, crypto currency or FIAT to participate in the Omnitude ecosystem. The initial ECOM tokens issued will be used to fund the development of the Omnitude platform and ecosystem, incentivize participants to control and secure this ecosystem and build a common settlement system for people to participate in the Omnitude ecosystem. If you want to more learn about ECOM token and token sale please visit https://omnitude.tech/.

Token sale structure & distribution

Proposed structure

Ticker: ECOM
Tokens: 100,000,000 ECOM
Inflation: None (no further tokens will be 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)
Token sale will require pre-registration with KYC and $50k USD limit per person.
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.

Token distribution

The 100,000,000 ECOM will be distributed
Tokens for Pre-Sale investors: 5 million ECOM
Tokens for Token Sale investors: 50 million ECOM
Tokens for Omnitude Foundation: 33 million ECOM
Tokens for core team and advisors: 12 million ECOM
Team and advisor tokens are vested based on time with 20% being released each year for 5 years.

Road Map

If you want to more learn about road map please visit https://omnitude.tech/

Initial token sale
Development Proof — of — interaction Cryptocurrency based payment mechanism
Launch Proof Of Concept Q1 2018
ICO
Development Single Identity Single Reputation Shared Product Data
Launch Omnitude 2.0 Q3 2018
Development Decentralization of supply chain and micropayments
Launch Omnitude 3.0 Q4 2018

Team

Chris Painter. Founder& CEO.

After 12-years’ of running a design and build web-agency in the eCommerce space, Chris is perfectly placed to help steer the industry of online transactions onto the Blockchain.His ferocious appetite for improvement will ensure that Omnitude is relentlessly innovative and delivers its promise to revolutionise the way online retailers use the phenomenal power of the blockchain.

Robert Belgrave. Founder

Founder & AdvisorAs founder and CEO of cloud services company Wirehive, Robert and his team support some of the most inspiring and innovative tech companies the UK has to offer. He is also chair of BIMA South, co-creator of the Alexa Stop! podcast and now adds the title of founder & advisor of Omnitude to his already impressive CV.Robert’s unique background in cloud consultancy and blockchain services has only strengthened his and Chris Painter’s vision to revolutionise the world of e-commerce.

Jon Harris. Brand Director

Creative DirectorOur in-house creative visionary, Jon has over 20-years’ experience of branding across a huge range of sectors from Financial to retail and online start-ups.He has previously worked for S&P Global, London Stock Exchange Group, Unilever, Virgin, Ann Summers and Madison Square Garden (to name a few).

Lianne Byrne. Crypto Marketing Advisor

Lianne is no stranger to the blockchain and cryptocurrency world having formerly worked for the Bitcoin Foundation and technology Venture Capital firm Newtown Partners. She is a self-proclaimed all-round digital native and geek, skilled in running small businesses as well as corporate creation, strategy and management of marketing campaigns/projects across VC, Bitcoin, Crypto, Media and Entertainment, Charity, Financial Services, Retail, IT and Service industries.Lianne is a natural marketer, communicator, and strategist with 15+ years’ experience who is passionate about putting the audience at the center of the strategy.

Benjamin Van Every. Blockchain Architect

Benjamin is an expert senior quant engineer (Python, C#, C++, Java, and R), with a solid background in software development, cryptocurrencies and blockchain, trading, artificial intelligence, web scraping, physics, mathematics, engineering and research. He is a serial technology entrepreneur, former investment banker, and senior wireline field engineer. He has been involved in several coding and business start-up projects related to blockchain and crypto assets/coins, where he has gained diverse and varied hands-on experience. He has degrees in Physics (MA, University of Oxford) and Petroleum Engineering (MSc, Imperial College, London). His native language is English, although he also speaks fluent Spanish.

Ben Bennett. Operations Director

Ben is a widely experienced commercial professional with a proven history of building, coaching and developing high performing teams. Outside of Omnitude he is Director of two consultancies which are focussed on the commercial development of start-ups and the support and development of young people in the workplace.With 14 years of management experience within FTSE 100 companies, he is incredibly well placed to ensure delivery of the Omnitude vision, both technically and commercially.

Gregory Painter. Community Manager

Community ManagerGreg has worked within account management and marketing for many years, improving rich customer service skills in the eCommerce space. Working with a range of skills from SEO, CMS and email marketing, he has built up an excellent knowledge and a variety of technical skills, enabling him to react to a broad selection of requirements. “Helping people get a solution to a problem creates a large sense of satisfaction” Greg says.His passion drives him to find, and help people with a system that is cutting edge, he’s a bit of a self-made ‘coffee snob’ enjoying the finer coffee of the world, it also doesn’t hurt with long hours gaming!

Andrew Starmer. Project Manager

Project ManagerAndrew is a top-class digital project manager with over 10 years’ experience in delivery.He has worked with a wide variety of clients and companies from global supply chain experts through to leading online retailers.Since working with Andrew, we have noticed that working with him is different. He really does care about people, not just the processes. It is about building relationships to support, develop and to grow success. He uses his expertise to help achieve brilliance and success, in a human way. No corporate BS.

Advisors

Simon Cocking. Advisor
Tiago Henriques. Cybersecurity Advisor
Sahil Gupta. Advisor
Antony Welfare Advisor

References

My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1230513

ETH address: 0x810ac9C8A23B9ED8e15fb30F2bcdA74234b09aea

Written by Alucard Crypto