Yeh, candicegordan...
Omnitude will help increase transparency within a privatised network. But will larger retailers be willing to come on board?
It should do this by ensuring that genuine goods are easily identified whilst highlighting fraudulent copies.Omnitudes Single Identity and Single Reputation will help reduce the most usual form of fraud- Identity Theft.
ID theft is a large cause of a lot of money lost within the e-commerce world...
Omnitude is a smart platform that connects blockchain technologies to existing eCommerce platforms & enterprise systems. Businesses can utilise Omnitude to deploy blockchain technology rapidly & securly in a cost effective way, without the need to replace their current systems.
It is really a no-brainer. If an issue comes up regarding fraud and how
Omnitude is not able to deal with it efficiently, it will only be a matter of time before it is patched up. The reason that the entire centralised model for ecommerce has a lot of fraud is because fraudulent individuals or groups have gained the trust of the central node. Once this is done, it means that the central node has been compromised as it has loopholes for fraudsters to sneak in....