Omise/OmiseGO DevelopmentsteemCreated with Sketch.

in #omisego6 years ago (edited)

Omise continues to gain traction in Asia, announcing a partnership with Shinhan, the second largest bank in S Korea. A MoU was signed between Omise, OmiseGO and ShinhanCard, an affiliate of the Shinhan Financial Group. OMG is one of the few coins up on the development.

Does it come at a surprise that Korea-based Shinhan would partner with Thailand-based Omise over US-based Ripple and US non-profit Stellar? I guess not in hindsight. This shows room in the coin market for multiple coins that aim to tackle the same problems.

Still, keep in mind this is just a partnership MoU.

https://www.omise.co/omise-and-omisego-sign-mou-with-shinhancard-to-explore-opportunities-for-fintech-and-blockchain-initiatives

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