Succeeding the trending crypto currency block chain system, the market is going to witness a new Ethereum based financial technology by the fourth quarter of this year. OmiseGo (OMG) is the new way of digital payment initiated by Jun Hasegawa(CEO/Founder) and Donnie Harinsut (Co-Founder) of Omise which is the most popular payments management platform in South-Asia.
With the plans to rapidly spread its arms all over Asia Pacific this Fintech Rockstar (as featured by Forbes) is currently operating in Thailand, Japan, Singapore, and Indonesia.
Focusing on real life business needs OmiseGo is planning to decentralize the exchanges on public blockchain domain at greater volumes with lower cost, enabling real time payments across the globe in a wink.
Being powered through the Ethereum main net, everyone gets the access to make financial transactions like payments, deposits, B2B transactions, asset management and trading on the go in an inexpensive manner.
The company plans to launch the OmiseGo Blockchain along with OmiseGo White-Label Wallet to ensure the user’s accessibility, security, scalability, and transparency.
The OmiseGo Blockchain is designed with liquidity provider mechanism along with asset backed blockchain gateway and a clearinghouse messaging network to maximize overall dependency.
The OmiseGo White-Label Wallet on other hand diversifies the payment solutions for easy deployment to the powerful OmiseGo mainframe network.
Being a homemade software OmiseGo Wallet SDK allows the user to customize their wallets with own style, design etc making it more user-friendly. Moreover, the wallet allows cross-wallet transactions giving it an upper edge over traditional crypto currency wallets. The company also plans to have additional lucrative features like Loyalty Bonus, Reward Points, etc to attract more customers.
Leveraging the four year’s in-house expertise in payments sector, the company has remarkably commercialized the product and has successfully created a great brand image within a short period of time.
Having a robust investor profile ranging from SBI Investment, SMDV, SMBC etc giving it capital liquidity to influence the market with better advertising, customer approach, product enhancements etc. Around 65.5% of the OMG tokens will be kept for the investors, 20% will be reserved, 9.9% is to be given to team members. An additional 5% is kept for incentive alignment with Ethereum Shareholders. The initial public investments were sold out within a few day indicating the increasing demand of the OmiseGo (OMG) tokens.
With the initial exchange rate of 1000 OMG: 1 ETH, the company plans to make a stronghold in the market and looks forward to becoming the global standard for exchange and payments.