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

[howlermunkey]

"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