OmiseGo partners with Global Brain

Venture capital firm Global Brain and OmiseGo platform announced the partnership and launch of investment fund
09 December 2017   349

On December 9, Global Brain, an early stage venture capital firm based in Tokyo, expanding its investment activities in the US and Asia announced its partnership with OmiseGO, a public Ethereum-based financial technology for use in mainstream digital wallets, which enables real-time, peer-to-peer value exchange and payment services across jurisdictions and organizational silos.

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

  • Average price: $8.90
  • Marketcap: $908 541 982 
  • 24h volume: $47 141 100

Omise Partners Thai Government on KYC Program

Thailand move forward to become one of the earliest countries to officially implement blockchain technology
19 February 2018   94

According to the news, today Omise and the country’s Ministry of Digital Affairs had signed a Memorandum of Understanding. The two parties will collaborate to develop a nation-wide digital identity verification and online payment system.

With the use of Omise infrastructure, the Thai government will provide its citizens with a National Digital ID. It will reduce fraudulent behavior online and protect consumers. The system will also make online transactions more convenient, faster and more efficient.

OmiseGO founder Jun Hasegawa stated in his Twitter that the positive impact blockchain technology could have on Thai citizens.

At the moment, governments all over the world are weighing up blockchain advantages. The implementation of blockchain technology will likely take several years. However, today’s announcement is a sign that blockchain integration can be  made much more quickly. Digital identity verification is a central concern for governments, who are worried that cryptocurrency offers a way for individuals to circumvent financial legislation.