All About OMG Network (OMG)

OMG Network is an open financial infrastructure built on plasma.

An Open Financial Infrastructure Built On Plasma.

  • OmiseGO is building global financial infrastructure on the OmiseGO Network, which uses a Proof of Authority consensus mechanism.
  • Within the OmiseGO ecosystem, some of its components include a decentralized exchange, a liquidity provider mechanism, a clearinghouse messaging network, and an asset-backed blockchain gateway.
  • The OmiseGO eWallet Suite enables users to build and integrate a front-end interface for different types of digital transactions.
  • OmiseGO is also one of the core contributors to the development of Plasma, a framework to scale Ethereum.
  • The OMG token is used as transaction fee for all of functionalities the platform provides.

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