Omnitude: ICO Review The Blockchain is a technological revolution; the invention has brought to light a series of projects hoping to solve problems that exists in the current world which the current technology hasn’t been able to solve. Sophisticated projects have been developed thanks to the Blockchain innovation and building of smart contracts. However a lot is still left to be done and I want to introduce a project that solves the very big problems that exists in the E-commerce industry today in an innovative way through the Blockchain Technology. This project is OMNITUDE. What Is Omnitude? OMNITUDE is a blockchain smart platform that connects blockchain technologies, E-commerce platforms and enterprise systems involved in building end-to-end supply chains. A form of intermediary is needed to properly integrate Blockchain technology into the existing platforms without the need for replacing the existing infrastructure. The Omnitude platform will act as m...
The project as I have analyzed in the earlier parts of this series is one with great potentials and considering this platform will be carrying out careful analysis of businesses and project startups the first few months may be slow as there may not be a lot of businesses made available for investors, which makes them momentary holders, but as time moves on the project will fine find its feet and thrive. The ICO is the earliest chance for investors to get onboard the EQUI project. I will be stating the key aspects of this ICO and then I will be giving my review. Key Aspects EQUI token is an ERC 20 Ethereum based utility token, the token sale period spans from March 1st 2108 to April 12th 2018 . The token sale will enable the acceleration of the technical development and some other aspects of the business. The highest bonus during the token sale is 25%, with a total token supply of 250 million EQUI tokens at $0.5 USD per token. 65% of t...
OMNITUDE – Project Review In this paper I will be explaining some of the problems with the ecommerce industry and how Omnitude is going to provide an innovative way of solving them. Omnitude is a pioneering project to revolutionize connectivity between blockchain technologies, eCommerce platforms and enterprise systems. The problems: The common types of problems that businesses face in the ecommerce industry which the Omnitude platform is providing solutions for are stated below; 1. Ecommerce Fraud 2. Supply Chain 3. Identity Confirmation 4. The Cost of Doing Business Ecommerce Fraud: The present global eCommerce market is flawed and faces serious challenges, the biggest of which is fraud. The boom of the online ecommerce industry has also lead to exponential increase in online fraud. Apart from fraud, a lot of other problems exist currently in the industry. Some of which are stated below. Card Frauds: Card Frauds has grown to be an even bigger...
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