OMG. In case you haven’t heard about this one yet, it’s called OmiseGo, and it’s managed to catch the attention of many people in the crypto space.
On their website they have a very impressive list of advisors that include, Vitalik Buterin, Gavin Wood, Joseph Poon, the co-author of Lightning Network, along with the founder of Golem and Roger Ver.
If you haven’t had the chance to read their white paper or do much research on this one yet, let me break it down for you.
The Omise company launched in 2013 and has been providing payment services in countries like Singapore, Thailand, Indonesia.
They are now tapping into blockchain technology and cryptocurrency. They’ve recently released an ERC20 token on the Ethereum Network and will be releasing an ewallet and payment platform called OmiseGo.
OmiseGo will allow it’s user base to send money locally and across borders.
They have already established a customer base with a large number of business owners in Asia,
Many people in Thailand are already accustomed to using e-wallets.
The catch is that the current system works on a closed network so they don’t have the ability to transact with different countries, or currencies.
OmiseGo will Introduce them to the blockchain and to ledgers that are private yet are capable of allowing them to transact with the world.
OmiseGo is open sourced and they will also implement a white label ewallet service.
I’ve gotta say that I really enjoy seeing companies like this getting into blockchain technology so that they can provide their current customers with better options for not only transferring money, but also giving them a chance to make better investments.
They have a very detailed white paper that is available on their website. It describes how they can:
- Facilitate and coordinate among payment processors, gateways, and financial institutions,
- Accomplish cross-chain transactions,
- Provide the ability to trade with fiat and cryptocurrencies,
- What their goals for the future look like.
So if you haven’t already done so, and you’re interested in learning more about OmiseGo, their white paper is a great place to start.
As I stated earlier, this project has Joseph Poon listed as one of their advisors, he’s also a principal author of OmiseGo, so I’m going to go ahead and assume they are interested in implementing Lightning Network for off-chain transactions.
OmiseGo will also have the ability for cross-chain transactions since their blockchain will be able to hook into other blockchains to allow for trading across token and asset classes.
I had briefly mentioned cross-chain transactions in my recent video that covered the Tenx card, and I know there are other projects out there looking for ways to make this work.
Yes, Joseph Poon and Vitalik is involved in this one.... we are talking some All Stars Blockchain Team.... this is definitely a great project, keeping an eye on it
Very Nice
Omg great for trading. Keeps swinging
Simply great company and great project, I didn't have the chance to invest in the ICO, because it was only for people registered in bitcoinsuisse but I bought when it was 0.6$ and now that is 7$ I still think is cheap because of the potential, Vitalik as advisor and a lot of factors...Thank you for spreading the word @heiditravels ;)
its a very helpful post thank you :))))))))))
OMG! just did a video on OMG today too! what a coincidence!
We should collaborate on one next time!
Sorry to jump in between. But that's will be so cool. You both and Omise Go and a moon.
yessssisss whatta coincidence I saw that too @boxmining, well that's was good too @heiditravels I like your accent, ehmmm looks like there is gonna be king and quenn of omisego here, lol. just kidding!
how cool is that chatting with two great krypto youtubers at the same time :)
Heidi first, Boxmining second :)
I've been hodling my OMG for a while now, and will be hodling on for quite some time still! I may be using the OmiseGo service myself actually, when it becomes available... And with the advisory team supporting them, multimillion dollar company with existing customer base... Seems like a winning formula
Shout out to the #HODL crew lol :)
It will be a rocket in the next months!
I like OMG!
Thanks fr sharing your thoughts on OMG , very good indeed, upped.
What do you think of Datum see link https://datum.network/#tokensale and EB3 Coin ?
In addition to my comment, I wrote about steemit being undervalued in my recent blog post and mentioned you there, feel free to check it out, I wish you more success
Thank you again Heidy! Keep doing posts like this!!
Thank you for introducing OmiseGo. Did you ever do an article on XDN , whats your take on it?
I have recently been turned onto OMG. I was day trading it for a while, and made some nice profit. However, the more I read the more I realize this is one to take a risk on and hodl. I have around 200OMG, and will plan on HODLing. Need to find another coin to trade though. I think IOTA might fit the bill for now, however I think that is one I will end up HODling too. In the end, I think OMG and ETH will be my primary tokens. If we can hit $10 this year I will be very happy. What do you think the odds are for this coin to hit 15-25 next year? I know there is no such thing as predicting the market, but just want everyones thoughts.
Put it on a wallet and forget it for couple years. This could reach triple digits.
I still think the ticker should be ZOMG
You smile makes my heart fascinated with your beauty .. thanks for sharing a good post that I really like ... @heiditravels
OmiseGo will be a first project to use plasma network, this is the lightning network of Ethereum. I haven't read about it yet, only heard rumours, but I've heard it should make ethereum scale up to millions of transactions per second at best scenario. Can anyone confirm this?
I bought a few.
nice post.
Im waiting next your post @heiditravels
I think OMG will be big.
thank you so much for the great content you create! I will follow ;)
@heiditravels Verry nice
Thanks for sharing nice post
Heidi, u have such a beautiful smile!
Great info. Thanks a lot for sharing!
People love chopping wood. In this activity one immediately sees results.
- Albert Einstein
OMG is great
Thanks for the post. Will read their white paper.
Thanks for the post. Will read their white paper
I may have missed the OMG train. I would like to know your thoughts on Funfair..
Thanks for this great information!
Hello Heidi thanks for sharing and explaining
100% upvoted
Nice your post
Nice Update on OMG
I first bought some omisego simply because it had OMG as trade symbol which I thought was cute :p but then I started digging into the project and now I'm keeping 'em, as support for the concept and as a long term investment.
I don't like to be a partybreaker but this train is gone from the station...
I'm going to have to disagree. Although I avoid giving investment advice and speaking specifically about prices, but I'm calling this one a long term hold situation. The train is just getting started. BUT that's just my opinion ;)
Thanks for the info! Looking at the white papers now!
beautifully done video production. the background is great. where was that filmed?
Bali Indonesia
This looks like a good find! Gonna look into it, thanks Heidi :)
The location you're in seems beautiful, do you ever go to meetups or crypto events in that area?
Great post ,great info Thank you
Thanks. Really informative! OMG looks like getting towards mass adoption
Hi! I am new here and I do not know very well how this works... I have seen you have just upvoted my second post and I have started to follow you and given you a vote too. I hope I have done it rightly and I hope you can understand me because my English is not perfect. Thanks.
great project OMG
Thank you for sharing this important information. Your explanation is very detailed and very clear. I took the time to watch your video.
Thank you very much @heiditravels
I LOVE YOU
https://steemit.com/cr/@armadio/onecoin-join-the-financial-revolution