By aggregating data from multiple verticals, we are able to generate infinite use cases for various industries across the world. This is why we are leveraging on the power of blockchain — to even out the scale, to strengthen the highly fragmented data industry and most importantly, to be the frontier of data economy.
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Here are a few use cases that will be achievable through Omnilytics Platform:
- Data Auditing
Omnilytics fingerprints all the data that is collected and stores it on the blockchain. With the properties of a blockchain, data auditing tools can be created to provide transparency and auditability to the community.
- Price Comparisons
By aggregating data from across multiple industries, users are able to create accurate price models on products. Hence, users are able to create price comparison websites and applications for any new industry.
- Competitor Tracking
By utilising the Omnilytics Platform, users are able to track the aggregate performance of multiple players across product segments. This enables users to create competitor tracking applications and even enable in-house market intelligence departments to perform competitive analysis.
- Due Diligence
Hedge funds, mutual funds and more broadly investment firms are able to perform due diligence by using market intelligence data on companies based on public e-commerce inventory data and private data provided by Data Partners.
- Trend Forecasting
Building on top of Omnilytics Platform’s historical dataset, trend forecasting applications that help forecast upcoming trends and fashions for companies can be developed.
- Trading Data
Due to the linearly-stored timestamped nature of data on the Omnilytics Platform, trading firms or research houses are able to construct order books of a certain asset whether it be the price of a lipstick or the price of a Bitcoin.
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