Omnitude is a pioneering hybrid blockchain business. We are committed to bringing the benefits of this disruptive technology to future-ready businesses that recognize its transformative role in delivering real-world business advantages.
Both businesses and customers can benefit from our hybrid blockchain middleware plug-and-play platform. Omnitude's blockchain ecosystem allows data to be pushed, pulled and merged into a secure, transparent and immutable data stream. Businesses can adopt this new technology without having to replace existing systems, while ensuring customers can manage their own personal data rather than storing it in centralized, vulnerable data silos.

Project Highlights

Reduce Costs
Leverage the cost efficiencies of our ecosystem. No large enterprise licensing fees. Pay to use our system anytime, anywhere without large upfront payments. Lean and Agile consulting processes are less expensive than many other integration solutions companies.

Counterfeit countermeasures
Reduce fraudulent and counterfeit goods, blockchain solutions to ensure provenance, quality and legality from manufacturing to consumer, protecting brand equity.

Fast and Flexible
Our system is built on Hyperledger Fabric to conduct transactions faster than Visa and Paypal out of the box. With the scalability of a distributed network, it is flexible to quickly start nodes. Secure permissioned network.

A World of Choice
A Gateway to a Wider Ecosystem - One connection, many applications, access to an ecosystem of application developers and blockchain experts across a wide range of disciplines.
We are currently advising luxury and food retailers, technology businesses and logistics companies. All want to adopt new technologies to improve their operations.
We reduce the risk of adopting new technology with a structured requirement that you pay only when you use our system, and a transparent and easy-to-understand consultation and discovery process without any middleman fees TOLL.

Ecommerce

E-commerce platforms and retail have come into the possession of Omnitude middleware, which has the ability to help them fight fraud and ease payments.
Today, both e-commerce and retail are faced with rampant counterfeiting and intellectual property infringement. According to data provided by the European Commission, in 2016, the value of counterfeit currency was approximately 6.72 million euros. Blockchain-based company Omnitude could help e-commerce and retail combat counterfeiting by providing a technology that records the origin and provenance of currency.
In 2016, Euromonitor International and the UK Cards Association (UK Cards Association) pledged: Credit card fraud is free! But in fact, a large part of fraud occurs on e-commerce websites. Omnitude said the company had developed a "single identity system" that would help fight the most common form of fraud.
Omnitude promises to cut the cost of payment gateways in terms of payment (about 2.9%), and will further facilitate the exchange between digital currency and legal currency.

Hyperledger

Omnitude's middleware is built on top of the Hyperledger architecture, an open source standard for blockchains and other distributed ledgers.
Painter writes on digital news site V3: "According to the latest findings of the Internet of Things (IoT), when everything is connected at the last moment, building a large number of different protocols may lead to huge interoperability. At this time, it can be found that the open source spirit of the hyperledger project may become the biggest advantage of Omnitude to solve the problem."
In 2015, the hyperledger created by the Linux Foundation promoted the blockchain and other distributed ledgers cross-industry cooperation. Hyperledger has multi-industry participation and a high degree of consensus, which strengthens the universal standard for the world's largest enterprises to transform into the digital field.

Speed ​​improvements

Hyperledger will also increase the speed of transactions on the Omnitude platform.
Painter explained to CBROnline.com. "Ethereum runs at 15 transactions per second, and when we use Hyperledger as the base layer, we can increase the speed to 3500 transactions per second."
Painter added: "The next generation of blockchain technology is upon us - 2018 will be the year blockchain takes in a lot of 'energy'".
Omnitude is also working on digital currency and fiat swaps, a goal that Painter considers "one of the biggest pain points" it is currently suffering.
Painter explains: "Here's why we're working on a currency conversion feature—imagine if there was a 'customer real-time sorting' feature on every e-commerce site running the Omnitude middleware layer, customers could pass This function will be very convenient to exchange their digital currency into fiat currency or turn their fiat into digital currency. The function of this instant transaction needs to be realized by matching two books at the same time”
Omnitude also Hope to solve another pain point that plagues e-commerce sites: returns. The solution proposed by Omnitude is that single sign-on and configuration files will help users more accurately measure the size of objects and update records in a timely manner.
Painter told reporters: "As a customer, I will be able to put my body measurement data on the system, and the system will automatically provide the size of my clothing to each fashion store, which will reduce the need for clothing Return problems caused by wrong size."

Proof of concept

Recently, Omnitude has partnered with Swisscom Blockchain, the largest telecommunications operator in Switzerland, and CS Cart, an e-commerce expert. Swisscom Blockchain and CS Cart have about 35,000 online stores in more than 160 countries around the world. Committed to clarifying Omnitude's proof of concept (proof of concept, Proof of concept, POC, meaning an incomplete implementation of some ideas to prove its feasibility, demonstrate its principles, and its purpose is to verify some concepts or theories) .
Swisscom's proof-of-concept went live at the end of March, with key features including a single sign-on online profile and stock data streaming system. "Single sign-on online archives" can be used on e-commerce websites based on omniitude; "stock data flow system" can track inventory in real time, and use real-time smart contracts to complete the work of automatically replenishing inventory.

Related link:
https://36kr.com/p/1722448986113

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