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Briefing
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- White-Label Digital Wallet on Blockchain – Asian fintech startup Omise launched OmiseGO, Ethereum-based, white-label digital wallet designed to promote financial inclusion and improve efficiency of peer-to-peer financial transactions
- Enabling Customized Financial Services – Digital wallet providers leveraging OmiseGO platform can develop customized services for various industries, including payments, remittances, payroll, B2B commerce, loans, rewards, asset management, and supply chain financing
- Key Components – Composed of decentralized exchange using proof-of-stake consensus, liquidity provider mechanism, and asset-backed blockchain gateway
- Low-Cost and Secure Transactions – Gives network users ability to trade fiat and crypto currencies securely at lower costs, even without bank accounts as entry point to join network
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