The Omnitude platform is going to help business expand by reducing bureaucracy and increase efficiency in the global supply chain. With this technology, it will help ports, customs offices, banks, suppliers and other parties involved.
With this improvement, it will be easier to track containers, have the exact information about a specific product shipped, update information in real time and more.
To tackle the issue identity theft, Omnitude provides all users with a single blockchain identity. This identity will give customers a simplified and speedier onboarding experience.
Furthermore, all users identities and their profiles are saved on the Omnitude blockchain such that whenever they want to transact with other merchants on the platform, their identities and preferences are automatically verified and the transaction is completed instantly. As regards the gateway provider fees, Omnitude plan to use the blockchains low transaction fees to replace the status quo.