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[REVIEW ICO] Omnitude — Blockchain connection framework

Ordering your favorite book has never been easier. Retail trading on the Internet has changed our buying habits. Now we buy by clicking or by touching the screen. The choice is plentiful in the online marketplace, which sometimes makes people embarrassed. But e-commerce has only strengthened the morale of the market and people in the development of a sustainable commercial ecosystem on the Internet. Recently, Amazon opened the world’s first box office store, which is a bit ironic, given the fact that it is among the leaders of online retailers. Alibaba is another online store that creates sufficient barriers for future payment and automation to create a sustainable future for your company.
The growth of electronic commerce has led to an increase in the number of different types of fraud and theft, which leads to loss of income. The most common types of fraud are identity fraud, clean fraud and account seizure and re-delivery. People from different countries use different tactics to cheat traffickers and sellers. According to the report, $ 31 billion is an amount that is estimated to be lost by 2020 due to refunds. It is difficult for sellers and sellers to control fraud as a result of technology development, which makes it easy to access several tools for committing such crimes. The Internet industry needs serious solutions for these serious problems.
CAUTION OF 
THE OMNITUDE SOLUTION is here to help sellers and sellers by providing a single system of identification and a single reputation based on blockchain technology. It allows you to use the Omnitude identifier (OID) when the client only needs to enter his personal information once, which is stored in the block block OMNITUDE.

The evidence of the interaction helps in confirming the identification on the OMNITUDE platform. To reduce the supply of pirated goods in the supply chain, they enter identifiers that are marked with items and can be tracked at any time. A common e-commerce management ecosystem is provided on a platform for sellers and sellers.
As the size of the eCommerce industry is growing in volume and value all over the world, eCommerce fraud is expectedly growing alongside it. The eCommerce industry estimated to be worth about $1.86 trillion USD as at 2016 is envisaged to sky-rocket to about $4.48 trillion USD by the year 2021. This is certainly encouraging, but at the same time gives room for fraud to excel, hence the need for a system that will help keep the potential fraud boom in check. As a matter of fact about 45% of suppliers and merchants have already lost above $1,000,000 USD in revenue from problems associated with integrating cross-channel capabilities into their commerce.The common types of eCommerce fraud among others are:
Clean Fraud: The fraudsters acquire excessive amounts of people’s personal data, and thereby, able to make purchases by accurately impersonating legitimate card holders.
Identity Fraud: Criminals are able to do this by accessing enough information about an individual’s identity such as name, date of birth current or previous addresses.
Account Takeover: Fraudster poses as a genuine customer, gains access, and control of a person’s account and goes ahead to make unauthorized transactions. These problems and more are what the Omnitude foundation is out to address. https://omnitude.tech/
Omnitude is a blockchain based smart platform that connects block chain technologies, ecommerce platforms and enterprise systems that are concerned with building end-to-end supply chain. It aims to make the online retail industry to become more transparent, more profitable and more secure as the platform itself will be transparent and open for anyone to design and create Omnitude applications to integrate with existing solutions in eCommerce, supply chain and enterprise systems.

Ultimately, Omnitude envisions revolutionizing the eCommerce industry and supplying chains using block chain technology. Omnitude’s objectives among others include;
• To create a transparent and accountable manufacturing and supply chains
• To significantly reduce ecommerce fraud
• To ensure a single customer identity is only usable by that individual across any Omnitude connected eCommerce site.
• To enable block chain integration between enterprise system.
In performing these objectives, Omnitude will act as an intermediary to enable simple integration of block chain technology into existing systems, and thereby transforming their capabilities. This will be done in two phases;

  1. Launching of the Omnitude platform to enable connectivity between various technologies and platforms, allowing them to take full advantage of the block chain technology in a fast and efficient way.
  2. Building of Omnitude Apps to Solve specific problems. The Apps will be built by both the community and the Omnitude team. Several Omnitude Apps ready for launching are already in existence.
OMNIT 1.png
  1. INFORMATION AND COMMAND ICO 
    ECOM Tokens will be distributed to the public to ensure the participation and growth of the platform. A total of 100,000,000 ECOM tokens have been created, in which 50% is available to the public. The funds raised will help in the development of the platform and marketing through media channels.
The OMNITUDE team is a group of experts with many years of experience in the field of technology and business. They believe that the integration of blockchain technology into the existing e-commerce system will allow for rapid development in the industry. 
Conclusion
China and America are leading in total sales of global e-commerce. 69.1% of total revenues from global e-commerce come from these two countries. They top the total sales of e-commerce in the world, which by 2021 is estimated at $ 4.48 trillion. The key device used to buy on e-commerce sites is mobile, accounting for 70% of total e-commerce sales in India and China.
The fact is that it absorbs the best possible solution to our problems, which is the key to growth and development. E-commerce faces serious challenges, and it’s time to experiment with the latest tools to monitor their growth and find the best path for future development. I think OMNITUDE offers a comprehensive solution for the seller and sellers, which makes the transaction on the e-commerce platform transparent and trustworthy. 
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