Introduction to Omnitude ICO (ECOM)

What is Omnitude?

Omnitude is a radical concept in blockchain ecosystems. A middleware plug and play blockchain built on Hyperledger Fabric, for use across the whole spectrum of enterprise eCommerce platforms. Utilising Omnitude as an integration layer between existing systems enables rapid deployment of blockchain technology without the need to replace current systems.

How will Omnitude and Williams Martini Racing use Blockchain?

Omnitude and Williams Martini Racing are leaders in Blockchain and racing technology and application ideation and utilisation. The keyword for our partnership is exploration. We don’t yet know exactly where Blockchain technologies will be best applied but we are looking forward to this exploration, which has only just begun. We also strongly request and encourage comments, questions and feedback from our community. Let’s hear your ideas!

But we’re not just aiming in the dark. Not all innovation efforts succeed, but Omnitude is here to make sure that this one does. Remember that Williams Martini Racing is an enterprise organization. As such it has many needs, from the mundane — like ordering copy paper to real time access — to detailed performance data — like tyre pressure. Often this data is stored disparately and siloed, and considerable effort and expense is necessary to ensure synchronisation. Major issues can arise with out-of-sync data. Blockchain, and especially Omnitude’s approach using Hyperledger, completely eliminates all data synchronisation issues and concerns across multiple enterprise organisations.

Token

Traders, customers and suppliers will ask ECOM to participate in the Omnitude ecosystem. ECOM will be used as a payment processor on platforms. Traders will make ECOM payments to other ecosystem participants using Omnitude solutions on their account, such as access to the reputation of other platforms, supply chain-related data or Use brand-centric apps built on Omnitude.

Users can pay for the trader using ECOM, other cryptocurrency or banknotes.

Growth potential

• The e-commerce industry is expected to continue to grow rapidly over the next decade. More narrower e-commerce platforms are expected to emerge, which will be the main focus for Omnitude. +3

• Omnitude scored good in hype because they had 17,000 members on Telegram a month before the ICO. The deep interest in this project can make it easy to reach the $ 24 million hardcap level. +2

• Omnitude not only focuses on a single aspect of the supply chain and e-commerce, but also provides a broad range of services in the industry. The protocol will also allow application developers to build hierarchical applications for different use cases. +4

At the conceptual level, Omnitude is better rated than other companies like Wabi and Walton by focusing on adding e-commerce functionality along with Blockchain integration to the supply chain. +3

Risk

• The project remains at the conceptual level, and has not yet had an MVP. The team made sure that it was provided before the ICO. -2

As mentioned above, the team seems to be a collection of consultants who are working on other projects along with Omnitude. Having a full-time team is always desirable when developing projects at this scale. Omnitude has not partnered with any e-commerce platform. -2

• Larger e-commerce platforms such as Amazon will develop internal Blockchain solutions as the market evolves. This makes Omnitude only smaller players. -first

• Giants such as IBM and Accenture are developing supply chain solutions using Blockchain. Omnitude faces high competition risk in terms of scale, expertise and visibility. -first

Investment details

• Token Type: Utility

• Foundation: Ethereum

• Symbols: ECOM

• Initial value: 1 ECOM = 0.46 USD

• Preale: sold out

• ICO time: March 28, 2018

• ICO bonuses: None

• Hardcap: $ 24 million for 50% of the 100 million ECOM Tokens

• Countries in quota: None

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Author:Dangphananh|

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Mew wallet : 0xa33455d820a11996fe843965a56849cb6f1fc88c