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Review on OMG Network by Earnest Greg
OmiseGO aims to disrupt the financial sector, just like it did with Omise. The…
OmiseGO aims to disrupt the financial sector, just like it did with Omise. The wallet SDK is white label, which means it can be utilized by other companies to deploy payment solutions. It promises to lower transaction costs for sending/receiving money, making payments, exchanging fiat and crypto, buying gift cards, and more.
OmiseGO is one step closer to widespread acceptance of cryptocurrency as currency by retailers and merchants. If successful, it will basically act as the PayPal of cryptocurrency.
Pros
- They are coming up as the runaway competition of PayPal and this is a welcome development to the Crypto community. We will gladly see it outshine the PayPal force that got so much restrictions.
Cons
- Transfers are not as lightening as ltc and this is a major setback. Blocks are higher abd this momentarily affects productivity
