OmiseGO to Collaborate with Credit Card Company

Omise and OmiseGO signed a Memorandum of Understanding with ShinhanCard to explore opportunities for fintech and blockchain initiatives
05 April 2018   135

OmiseGO is devoted to developing blockchain technology and bringing best services to its users. On April 5, OmiseGo and Omise have announced that they had signed a Memorandum of Understanding with ShinhanCard, which is an affiliate of the Shinhan Financial Group, and a Korea's biggest, global top-five credit card company.

(From L-R): Mr. Kim Jung Soo, Mr. Jun Hasegawa and Mr. Ezra Don HarinsutMr. Kim Jung Soo, Mr. Jun Hasegawa and Mr. Ezra Don Harinsut

Two companies plan to collaborate on further advance ShinhanCard’s digital offerings across its portfolio of payment services and mobile application in a growing mobile payments market. According to the official announcement, this agreement expands Omise’s presence beyond its home countries in Southeast Asia and Japan, while also working towards building a strong partnership for OmiseGO.

We want to make it easy for those who need online asset exchange as part of their business to connect seamlessly to the OMG Network.
 

Jun Hasegawa

CEO and Founder, Omise and OmiseGO

At the moment of press, these are main market parameters of OmiseGO:

Average price: $8,73
Market cap: $891 046 787 
24h volume: $74 879 200

MakerDAO and OmiseGO Announce DAI Collaboration

OmiseGo will be able to store value both in Dai and on the OMG network, and become a benchmark against which other things can be valued
11 April 2018   118

Yesterday MakerDAO and OmiseGo have both published the announcements about mutual collaboration aiming to enable the next generation of financial tools on the blockchain. The OmiseGO is building a platform that provides a scaling solution for finance on Ethereum, enabling transparent, peer-to-peer transactions in real-time, and MakerDAO announced that its Dai cryptocurrency will be available on the OmiseGo network.

Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.

Maker and OmiseGO PartnershipMaker and OmiseGO Partnership

According to the announcement, OmiseGo will be able to store value both in Dai and on the OMG network, and become a benchmark against which other things can be valued.

Soon, OmiseGo will release more information regarding multi-collateral Dai, as there will be a variety of collateral options that can be used in the creation of a Collateralized Debt Position. OmiseGo will be among the first of these multi-collateral options available for CDP creators.

At the moment of press, these are main market parameters of DAI:

  • Average Price: $0,998006
  • Market Cap: $21 242 181
  • 24h Vol: $15 461 100