OmiseGO has many of the pieces in place that would be needed for it to become…
OmiseGO has many of the pieces in place that would be needed for it to become the everyday digital payment for much of Asia, and from there potentially the world. It’s definitely a project to keep an eye on in the coming months and years.
Pros
The OmiseGo blockchain wants to strengthen the competition of cryptocurrencies on the marketplace. The system is built so that the best digital currencies will win. The network technology eliminates the barriers between transactions and personal wallet facilities. Due to this, OmiseGo lets cryptocurrencies compete on the marketplace. The best of digital coins will rise to the top.
Cons
You do not need a bank account to exchange the cryptocurrencies, as it has an official license; Another characteristic of OmiseGo blockchain is scalability. Instant transactions and low fees are guaranteed;