The recent OMG event is continuous. Today, on May 3rd, the topic ofomisego is still going, and it is very popular in many forums. Needless to say,omisego is definitely welcome. Some time ago OMGprice was affected for some reason, but with the support of the Thai FinanceMinistry, it has stabilized the situation. So why is OMG so popular?It can from thefollowing aspects to learn it:
1. What does OmiseGO do?
OmiseGO wanted to solve the high-level issues of basic payment coordinationamong financial institutions. This issue is currently addressed through leasecentered clearing house (such as CHIPS and SWIFT), they may be inefficient andcostly. OmiseGO hopes to solve the issue of payment coordination among a largenumber of small and medium-sized payment processors around the world.
2. Strategies implemented by OmiseGO
Large payment processors have greater network effects and areexclusive, while smaller payment processors are more open to Internet payments(to expand their smaller networks). Due to high costs and cumbersomemanagement, smaller payment processors cannot cooperate with centralizedclearing houses. On the other hand, due to cheaper, faster integration andlower operating costs, small and medium-sized payments are more willing to opentheir networks for integration with OmiseGO.
3.OMG's team are the leading talents in theindustry
Although these talents cannot solve all the problems of the team,they will play a significant role in the steady development of the team.
All in all, OmiseGO isan ambitious project that aims to decentralize and significantly increase theefficiency and popularity of global payment infrastructure. To this end, theteam decided to create a high-performance blockchain that focuses on thedistribution and trading of digital assets, while achieving interoperabilitywith existing blockchains such as Ethereum and Bitcoin.
So OmiseGO will probably become one of the most excitingcryptocurrency products to be released in 2018, so OMG is very popular now.