Kitty
by on May 6, 2020
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OmiseGO is a blockchain-based technology company whose mission is to enable more people to access secure financial services. Users and businesses can invest, exchange, and spend digital currency anywhere, anytime through the platform.

 

The platform was started in 2017 by the OmiseGO team, headed by its CEO Vansa Chatikavanji. Since then, it has provided its users and businesses the capacity to get instant peer-to-peer transactions in real-time across different countries, asset classes, and applications. Performance speeds range up to 4,000 TPS, with 90% cheaper fees than other mainstream platforms like Ethereum for payments made on the OmiseGO network.

 

OMG also has its own eWallet, which is a digital asset tool that businesses can use to maintain their assets efficiently. They can also tokenize, exchange, and secure payments for goods and services, as well as manage fiat and loyalty points on the wallet. Hoard Exchange has partnered with OmiseGO through Plasma Dog, which is a video game Hoard Exchange has developed on the OmiseGO network. On the release date of the game, over 28k transactions were made in the first 24 hours.

 

OMG tokens grant owners the right to validate this blockchain, under its consensus rules. OMG token strives to break down barriers of the payment transaction and eliminate the need for a bank account. OmiseGO lets businesses and individuals to securely offer and reach a wide range of financial services, and invest, exchange and spend digital assets anytime, anywhere.

The OmiseGO Network empowers instant, peer-to-peer transactions in real-time, facilitating financial services across geographies, asset classes, and applications.

OmiseGO coin price is at $0.70415401 with a 24-hour trading volume of $124,999,674.03 by the time of writing. The OmiseGO Network enables instant, peer-to-peer transactions in real-time, facilitating financial services across geographies, asset classes, and applications.

Posted in: Technology, Crypto
Topics: blockchain
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