OmiseGo to Release SDK Wallet Beta

OmiseGo has reported that its team is working towards the SDK Wallet open beta and plans to release it at the end of February, 2018
19 February 2018   204

OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies.

OmiseGo has reported that its team is working towards the SDK Wallet open beta and is planning to release it at the end of February.

OmiseGo SDK Wallet
OmiseGo SDK Wallet

SDK Release timeline:

  • Closed beta in progress
  • Open beta in the end of February

Active development:

  • Admin merchant dashboard
  • Performance improvements
  • Documentation
  • Demo applications

The OmiseGo team is developing admin panel, which is to be used by merchants or providers, who run wallets, for being able to easily manage the users of their wallets. OmiseGo also works on demo applications for the SDK, finding out how payment method mechanisms could be integrated into online website.

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

Average price: $18,04
Market cap: $1 840 572 119
24h volume: $46 252 900

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   283

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.