OUNano a novel method and framework to optimize the utilization of digital communication channel and storage resources for textual based transactions Traditionally a communication channel is mandatory for performing verbal and written communication. The same use case when mapped to information and communication technology gives rise to one of the concept called textual communication, which deals with transmitting text using a communicationchannel. Every symbol used in the text needs a unit of storage called byte, the metric for transmission and storage resources. Due to the limitations of the transmission channel with respect to bandwidth and storage with respect to size, considerable models, methods and technologies have been proposed and evolved to optimally utilize the said resources without compromising the content and the semantics of the text. This work carried out proposes a novel framework for representing and storing textual data called Ordell Ugo Nano hereinafter termed as OUNano, which can be seamlessly integrated with existing communication and storage infrastructure. The proposed methodology attempts to best optimize the utilization of existing digital storage and communication resources, thus allowing such resources to be exploited to their maximum potential. This facilitates a considerably higher rate of textual data transmission and processing in communication channels, along with significant increase in storage capacities of the existing storage assets in place, without investing in additional resources.