Introduction
Let’s go to continue this blog with other project. First of all, for who missed previous entry, what’s a cryptomoney? To be fast and concise, it is a digital medium of exchange. And the next question would be… What’s your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly. This markets operates in blockchain technology, an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.
Today there are thousands of coins on the market, already in operation, such as Bitcoin, Ethereum, Ripple, etc., but there are many thousands more that are about to leave. The former are called cryptocurrencies and can be purchased on many websites such as Coinbase, Localbitcoins, Kraken, etc. The others are the so-called ICO’s (Initial Coin Offering), which can be obtained with significant discounts and price runs through small contracts and transfers through Ethereum. But there exist others those that have just been born, which are not even in the ICO phase, which launch campaigns to attract the public attention, these are the Airdrops. With this, we can get thousands of coins for free. I emphasize these because it’s a way to win cryptocoins even if the market is as it is. Through this way you never lose money.
However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As we all know, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics.
Today, the project I am going to present you is Omnitude, an extreme concept in the blockchain ecosystems that allows rapid deployment of this blockchain technology without the need to replace current systems. Utilising Omnitude as an integration layer between existing systems enables rapid deployment of blockchain technology without the need to replace current systems.
Presentation
Definition
As I said before, Omnitude (ECOM) (https://omnitude.tech) is an extreme concept in blockchain ecosystems. In other words, it is an intelligent blockchain platform that connects blockchain technology, e-commerce platforms and business systems involved in the construction of end-to-end supply chains. Essentially, it acts as middleware, allowing the simple integration of block chain technologies in existing systems, transforming their capabilities.
Goals
The main goal of Omnitude team is to revolutionize e-Commerce and supply chains with blockchain technologies. In more detail, it aims to make the online retail marketplace more transparent, more profitable and more secure. Furthermore, Omnitude not only will add value through its eCommerce middleware solutions, but also driving the mainstream adoption of blockchain technology through the establishment of a blockchain ecosystem.
Benefits
- Omnitude will allow companies to solve problems in ways that were not possible before, without the rise of blockchain technology.
- Omnitude will create transparent and accountable manufacturing and supply chains
- It will also create a significant reduction in fraud in electronic commerce.
- In addition, it will allow a single customer identity for use in any e-commerce site connected to Omnitude.
- In addition, Omnitude will allow blockchain integration between business systems such as ERP and WM S
How it works
The Omnitude ecosystem will be made up of a variety of entities, including merchants, customers, suppliers, couriers and affiliates/referrers. It will be built on top of Hyperledger, in order to enable business-to-consumer and business-to-business transactions. The Hyperledger architecture provides core blockchain services, on which the Omnitude ecosystem is built. In the image below, you can see a representation of how Omnitude works and which entities are involved.
Roadmap
Airdrop
The project gives the opportunity to earn Omnitude tokens (ECOM) performing some social media tasks and doing simple steps from the bounty program explained into bitcointalk.
Here (https://bitcointalk.org/index.php?topic=3043835.0) you can access to the link in order to see what are the conditions to become an early ECOM contributor and start acquiring tokens.
Doesn’t that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their whitepaper here (https://files.acrobat.com/a/preview/75fe0af9-d98b-4002-863c-138b43a131ef). You can also stay tuned in their official Telegram group (https://t.me/joinchat/GvyX0g8PC7_JsyUu0fruUw). I hope you liked the post and soon I’ll send you new ones.
Extra details
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
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