OmiseGO is a public financial technology based on Ethereum, which can be used in popular wallets to provide real-time peer-to-peer trading of assets, as well as in payment services in jurisdictions where such services are poorly developed. OmiseGO allows working with cryptocurrencies and traditional Fiat currencies. Access to the platform will be provided through the OmiseGO network and the digital wallet shell, which will be available to the General public starting from the fourth quarter of 2017. Omise is the answer to the fundamental problem of coordination between payment systems, gateways and financial institutions. By providing a decentralized exchange on a public blockchain with large volumes and low cost, OmiseGO provides a next generation value transfer service operating in different currencies and asset types. Through the company's network connected to the Ethereum network, everyone will be able to conduct financial transactions such as payments, money transfers, payroll, B2B Commerce, supply chain financing, loyalty programs, asset management and trade and other on-demand services in a Fully decentralized and inexpensive way. In addition, millions of major users in the world's largest growing economies will be able to move from the use of Finance to the use of decentralized currencies such as ETH, BTC and others.
bitcoin wiki contributors. (2019, February 28). OmiseGO (OMG). In bitcoin wiki, The Free Cryptocurrency Encyclopedia. Retrieved 13:13, March 3, 2019, from https://en.bitcoinwiki.org/index.php?title=OmiseGo&oldid=367798