OmiseGo to enable trade between fiat and multiple cryptos.

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V4Vendetta

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Joined
Apr 2017
From
Texas
"The decentralized exchange, which Poon has written another whitepaper for, is built directly into the company's upcoming proof-of-stake blockchain, OmiseGo. Once it's finished, users will be able to trade fiat currencies for cryptocurrencies, or exchange between almost any cryptocurrencies (say bitcoin for ether) without a third party like Coinbase or Kraken."

If this happens it could be a game changer for crypto and fiat trading.

http://www.coindesk.com/striking-twice-lightnings-joseph-poon-takes-on-ethereum-exchange-project
 
Joined
Oct 2017
From
Thailand
Totally. I mean, OMG will change many things not only in Asia but in the world. It is good to remember that a lot of people in Southeast Asia are unbanked, and OMG offers them solution to receive funding and actively participate in the financial life of their countries without having to rely on banks. Even though there are credit cards, or better put cash cards, with easy access like the one by Umay Plus (for reference:http://www.umayplus.com/cashcard), I believe that Thai citizens won't use them at all when OMG is fully deployed. But of course, education is also necessary, because people need to know more about it, the advantages, and more importantly, how to make use of it.
 

V4Vendetta

Moderator
Joined
Apr 2017
From
Texas
Totally. I mean, OMG will change many things not only in Asia but in the world. It is good to remember that a lot of people in Southeast Asia are unbanked, and OMG offers them solution to receive funding and actively participate in the financial life of their countries without having to rely on banks. Even though there are credit cards, or better put cash cards, with easy access like the one by Umay Plus (for reference:http://www.umayplus.com/cashcard), I believe that Thai citizens won't use them at all when OMG is fully deployed. But of course, education is also necessary, because people need to know more about it, the advantages, and more importantly, how to make use of it.
Agreed. And welcome to the forum.
 
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