1 Level
14 Review
1 Karma
Review on OMG Network by Ganiyu Yisa
Omise is a company headquartered in Thailand, which is essentially Stripe in…
Omise is a company headquartered in Thailand, which is essentially Stripe in Southeast Asia. Founded in Bangkok in 2013, the company develops and maintains online payment gateways that enable payment processing and bill payments. In 2017, Omise founders, Jun Hasegawa and Donnie Harinsut, founded OmiseGO and held an ICO that gathers $ 25 million with Ethereum Blockchain's OmiseGo encryption symbol.
Due to the existing online payment products, OmiseGO has a lot of strategic partnerships. Co-founders of Ethereum, Vitalik Buterin and Gavin Wood, are advisory members and supported by the Thai Ministry of Finance and the Bank of Thailand. Omise plans to use the OmiseGO platform to complement existing payment networks that are currently accepted by companies such as McDonalds and Alipay.
Pros
- OmiseGO network enables interoperability between closed payment systems (for example; Paypal, Alipay, Visa, WeChat, Apple Pay, TenX Cards)
Cons
- None
