Omise Signs Agreement With Major South Korean Banking Affiliate In Win For Adoption

OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets...Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework.
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Omise Signs Agreement With Major South Korean Banking Affiliate In Win For Adoption

Fri Apr 06, 2018 2:10 pm

"Thailand’s Omise and OmiseGO (OMG) have signed a Memorandum of Understanding (MoU) with major South Korean credit card business and technical company ShinhanCard, an affiliate of Shinhan Financial Group, as part of a move towards fintech innovation and Blockchain adoption throughout Asia, according to Omise’s press release published Thursday, April 5.

Omise is a payment solution platform that has operational hubs in Thailand, Singapore, Japan, and Indonesia; OmiseGO is its decentralized scaling solution network for Ethereum (ETH). OmiseGO raised $25 mln in an Initial Coin Offering (ICO) last August to support the creation of their platform.

Cointelegraph contributor Joseph Young tweeted April 5 about the MoU, nothing that Shinhan is South Korea’s second largest bank, and calling the move “huge” news for OmiseGo and “the entire Ethereum community:”"


https://cointelegraph.com/news/omise-si ... r-adoption

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