Digital wallet OmiseGO is about to ICO, aiming to enhance financial services in Southeast Asia


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nThe report shows that the digital wallet market is expected to reach $ 1,340 billion in 2022, of which nearly half of the market is located in the Asia-Pacific region, no wonder this is a competitor in many areas. Nowadays, a mainstream digital wallet OmiseGo, based on the ether-based public finance technology, has also joined in. Block chain pencil (chainb.com) was informed that the digital wallet project named OmiseGo is about to ICO. Let’s take a look at some of the things about the project.n
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nWhat is OmiseGo?n
nAccording to the introduction, OmiseGO is based on the Ethernet segment chain. Its desire to help users “get rid of the bank’s yoke” means providing alternative financial and digital business tools for everyone without having to go through traditional banking, institutional and card networks. OmiseGO can use real-time, point-to-point value transactions and payment services across national jurisdictions and organizations using legal or encrypted digital currency; real financial inclusion and freeing people from currency restrictions that are not in the interests of the people.n
nThe target audience of the project is the 73% of the population in the Southeast Asian countries that are not yet in use or are unable to use formal financial services (so-called “bankless”) and 27% of the population currently using formal financial services (“using bankers”) The The project team believes that OmiseGo “so far this is their best choice.”n
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nAdvantages of OmiseGon
nFor consumption, the main advantage of using OmiseGO’s digital wallet to pay and transfer is that it is easy to access and does not require a bank account. Payment and transfer in 24 hours a day, 365 days a year can be real-time transactions. Wallet end users can register to join Omise dealers or customer networks, it is understood that OmiseGo users are growing rapidly, has 6,000 nodes. This approach addresses the liquidity and expense channel issues that often limit the use of e-wallet applications in the past, with the goal of making it easier to manipulate capital flows through a variety of channels, similar to direct transactions or through agents.n
nOmiseGo can also be used in a variety of scenes such as bonus points, games, and communications.n
nFor business users, OmiseGo thinks its advantages are:n
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nQuickly move funds at home and abroadnObtain a safety ledger for tracking assets in the various departments of a large organizationnEnable a new generation of mobile banking solutionsnTo issue a central bank currency in a digital manner to improve the payment system of a countrynCreate credit credit system for brand alliancenSend a digital gift card to a network that can support multiple wallet suppliersnn
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n(Chainb.com) was informed that at this level OmiseGo is working with major global companies such as SBI Group, Mizuho Bank, Thailand Metropolitan Bank, and other mobile and electronic money fields such as TrueMoney, and so on; and Supply chain to meet the needs of its end customers.n
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nCompany and teamn
nFounded in 2013, Omise Holdings is a payment company backed by well-known venture capital and has operations in Thailand, Japan, Singapore and Indonesia and plans to expand rapidly to neighboring countries in the Asia-Pacific region. Its declared mission is “to provide online payment for all”. In November 2016, Omise was named “Financial Technology Star” by Forbes.n
nIn 2015, the Omise Block Chain Lab was founded by Omise to explore the ways in which block-chain technology meets the real needs of the business. According to reports, OmiseGO block chain team from the outset to participate specifically in the ether square community.n
nJoseph

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