1 Level
6 Review
8 Karma
Review on OMG Network by ankush bindra
Overall omisego is the best project for payment processor and financial…
Overall omisego is the best project for payment processor and financial institutes. Omisego wallet is also supported no. of cryptocurrency and fiat currencies as well. but it is not a decentralized project yet but the team says that it will soon make Omisego Decentralized.
Pros
- Omisego is ethereum based financial technology. Omisego designed to eliminate a fundamental problem of coordination between payment processors, gateways, and financial institutions. Omisego has a wallet SDK, which companies can use for payments & transfers. Omisgo also get a high market cap of total crypto market cap and ranking on 22 according to market capitalization.
Cons
- Omisego does not its own blockchain as now OMG is ethereum based ERC20 token & also, for doing any transaction of omisgo we need some amount of ether as a fee of the transaction. Omisego is not yet decentralized project.
