Omnitude is a radical concept in blockchain eco-systems. Utilising Omnitude as an integration layer between existing systems enables seamless blockchain integration for enterprises both large and small without the need to replace current systems.
Omnitude is a middleware blockchain layer… a toolkit for businesses to integrate the benefits of blockchain technology into the commercial fabric of their organisations easily and cost efficiently.
We are working with a whole spectrum of progressive organisations looking to leverage the benefits of this new disruptive technology.
Our customers include: Williams Martini Racing, The Maltese Government’s Ministry for Transport, Infrastructure and Capital Projects, Luxury Goods and Food Retailers, Technology Businesses and Logistics Companies.
All looking to incorporate new technologies to improve their operations.
Omnitude enables businesses to solve problems in ways that were not previously possible without the rise of blockchain technology.
Omnitude will help achieve:
• The real time analysis of big data previously stored in data silos, allowing technicians to push, pull and merge data improving business performance.
• The creation of transparent and accountable manufacturing and supply chains.
• A significant reduction in eCommerce fraud.
• The enablement of a single customer identity for use across any Omnitude connected eCommerce site.
• Blockchain integration between enterprise systems such as ERP & WMS.
• ... And many more solutions from Omnitude and the community built as Omnitude Apps.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
IP Blockchain inventor | Serial ICT inventor | Angel Investor | Quant | Educator | Meditator Rated on Jan 7, 2020
1
2
1
6%
C1. Official Telegram message from CEO Chris Painter (dated 6 Jan 2020):
"The funding has been delayed even further, with current timelines looking like 3+ months away.
I feel like we have been seriously and continuously mislead for the past year by the funding, despite having signed contracts and constant assurances and are now too far in to make alternative arrangements.
We have no choice now but to cease operations until further funding can be obtained, this is something myself and Jurie will be exploring, whilst also having no choice but to seek other employment.
Over the past few months we’ve explored hundreds of other avenues to try and avoid this, but currently there isn’t any investment appetite for blockchain.
I’m absolutely gutted it’s come to this, and have at all stages acted in the best interests of all token holders, whilst myself losing a significant amount of money I put in to start the company.
I’m not giving up on Omnitude, but also need to pay living expenses whilst searching for funding."
C2: Due diligence on Omnitude by ICC (dated Feb 2018):
"1. Co registered in UK https://beta.companieshouse.gov.uk/company/11153392
2. No IP
3. Vesting 5 years
4. Vesting in smart contract (need to check)
5. Smart contract will be deployed? Yes (need to check, link?)
6. Smart contract audit? Yes (need info, who)
7. GitHub link? None yet
8. Working product (not yet)
9. No product, no code yet (will be audited in future)
10. KYC encryption
11. US investors, REG-D? Yes. "
C3: Current github link (empty): https://github.com/Omnitude
C4. Would like to understand from the core team how you spent the millions of dollars in under 24 months by 14 Jan 2020
C5. I may revise my rating after hearing from the team.
ICO Advisor | ICO Analyst | Blockchain Researcher Rated on Feb 14, 2018
3
3
3
5%
I was excited to finally see a 'true' blockchain project here. However, after reviewing it I am not sure that I would consider this to be a blockchain/infrastructure product. first they are offering technology that is already available within eCommerce, their two products fraud detection and prevention and supply chain management and product tracking. The technology provides protections for fiat currency payments that already exist. However it does not address core blockchain issues of security for for cryptocurrency which is what I was expecting to see. The team looks sharp, however I grade teams based on having experience with well known international companies and playing a key role within the organization. I will place a standing offer to revise my rating if anyone from the team can provide me with solid information to the contrary of my review.
Chris PainterICO team member replied on 17 Feb 2018
In your review you state
first they are offering technology that is already available within eCommerce, their two products fraud detection and prevention and supply chain management and product tracking.
This is incorrect, we are building an ecosystem that allows products like this to be built, also this technology is not already available in eCommerce, I’ve spent the last 12 years building this technology, the only existing technology like this is available from major players and costs into the millions to deploy, its not available to SMEs or anything but the largest of retailers.
The technology provides protections for fiat currency payments that already exist. However it does not address core blockchain issues of security for for cryptocurrency which is what I was expecting to see.
Again this is something that the technology allows, not what the core technology is about, we aren’t making a play for payments, we have a lot of ideas around this that we cannot release yet.
The team looks sharp, however I grade teams based on having experience with well known international companies and playing a key role within the organization.
We have a number of blue chip companies on our books, however we cannot disclose who.
Many internet companies are trying to pass off as blockchain plays. I am not saying you are doing that. I am just looking for a practical connection of not just saying, but showing how the interaction will be truly a blockchain play.
This is outlined briefly in our video and fully in our technical white paper.
If transactions are occurring and records are stored in the same manner as today then there would be no difference.
We are making a middleware system that integrates different systems to allow people to build data flows between, not just store records or transactions.
Publisher of Blockchain News (EST 2015), Director of Blockchain Partners, Director of Token.Agency Rated on Feb 14, 2018
5
4
4
5%
The idea is not astoundingly fresh or revolutionary - but it's needed. And the team rocks. I am a full believer in teams - and have supported full pivots with startups in the past with great teams. Pedigree is everything in this game. Can you prove you made it happen in the past? Good. Make it happen Omnitude!
Cyber Security Advisor for ICO startups Rated on Mar 22, 2018
5
5
3
4%
Using Hyperledger is good. Lacking a proper MVP / use cases / proven track record of success before launching the ICO is risky.
The team lacks any core developers from the ones working on the technologies they claim to integrate... this is odd, even the list of advisors lacks known names in the field. How are they going to integrate so many different systems without core level expertise?
ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant Rated on May 31, 2018 Modified on May 31, 2018
5
5
4
3%
strong team, promising project, hopefully they can deliver.
layer 2 or middle layer protocols could be the solution to help enterprise mass adoption. Good vision, like the use of hyperledger, token metrics make sense.
Good luck with one! will be keeping an eye on progress
An ISO 9001:2008 Certified Digital Agency Rated on Feb 18, 2018
5
4
4
2%
Biggest plus of the project is it's team, which has high chances to deliver on their promises. The product doesn't look much innovative, but there are a few unique things which if implemented successfully by the team, can end up big. I had a hard time deciding between a 3 and a 4 for the product :)
Management Consultant - Blockchain Technology | Co-founder @BlockArmour, @BlockchainWorx | Advisor, Chief Blockchain Officer @GBX Rated on May 31, 2018
5
5
5
1%
Excellent concept, well researched with use cases that address some of the key pain points of the e-commerce industry effectively solving them using DLT.
The use of Hyperledger for ecosystem development is a good choice.
Well rounded crew with a credible core team and advisors.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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- Concept creation
- Core team hired
- In-depth Market Analysis
- Audience Research
- Competitor Analysis
2
Q4 2017
- Whitepaper and website designed
- Core partnership meetings
- Approach and secure advisory board
3
Q1 2018
- Whitepaper and website go live
- Whitelist and pre-sale
- Recruitment Drive
- Creation of Proof of Concept
- Public Release of Code and Github Repo
- Token sale
- Token sale closes
- KYC completed
- Token allocation to Omnitude wallets
- Identify possible Omnitude foundation board members
4
Q2 2018
- ECOM live on exchange
- Work on partnership and customers
- Election of Omnitude foundation board members
- Omnitude foundation announces agenda for following quarters
