OMG !!!!! The (OmiseGo) Coin is an amazing buy.

in joy •  7 years ago 

Unbanking the Bank is always a great concept and OmiseGo is one of those coins that is purposed and poise for that task.

OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services instantly across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework, starting in Q4 2017.

OmiseGO is the answer to a fundamental coordination problem amongst payment processors, gateways and financial institutions. By enabling decentralized exchange on a public blockchain at high volume and low cost, OmiseGO provides a next-generation value transfer service operating across currencies and asset types. Through the OmiseGO network connected to the Ethereum mainnet, anyone will be able to conduct financial transactions such as payments, remittances, payroll deposit, B2B commerce, supply-chain finance, loyalty programs, asset management and trading, and other on-demand services, in a completely decentralized and inexpensive way. Further, millions of mainstream users in the largest growing economies in the world will be enabled to make the transition from using fiat money to using decentralized currencies such as ETH, BTC, and others. The OmiseGO network is intrinsically agnostic between fiat and decentralized money: as far as adoption and usage go, the system is constructed so that the best currencies will win.

SO HOW DOES IT WORK!?!?!?

The OmiseGO Blockchain comprises a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. It is a scalable and totally public (permissionless) blockchain whose Proof-of-Stake consensus is bonded by the activities of the chain itself. The network is designed as a highly performant system leveraging interlinked blockchain construction: while clearing and settlement occurs over the OmiseGO blockchain, the costs of protecting transaction value is externalized to other chains in ways that directly promote the value of those chains.

WHAT KIND OF WALLET IS IT? Well, I'm glad you didn't ask that question yet...

The OmiseGO White-label Wallet SDK will allow a diversity of payment solutions to be easily deployed on the robust OmiseGO network. Digital wallet providers have the flexibility to enhance, add, and customize payment solutions for various industries and vertical markets. All transactions across digital wallet providers will be conducted on the OmiseGO network, and decentralized currencies can be traded freely alongside fiat money by all network users.

Why Bother, Right?

Well, This coin has been out for a while now and it is just starting to pick up #steem and pun intended. It currently has reached $8.80 USD and it's just getting started. The beauty of this coin is the purpose and the backing of the Ether network.

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While the growth of a coin is expected on any platform, this coin also grew with the price increasing for the Giant BTC and in this past week kept a positive growth trend in the past week, while all other altcoins suffered a loss and just started to recover.

I hope you decide to buy into this Crypto Coin and early before it reaches staggering prices. To find this coin and get some now use the Bitfinex platform.

If you found this article to be useful, send a tip to my wallet,
Ethereum: 0x5df039d6c8bd5699330a1924b1f252c3dd8f0774
Bitcoin: 1Kxmf71DS1aLNmq3qWEStawgPgUT7y6gfP

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Unbanking the bank but meets with central bank ...Hmmmmm
.I don't think ,
once the ETH connection wears off , people will selll

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://omg.omise.co/

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