This is my participation post to review non-steem finance dApp in webportal www.stateofthedapps.com and task is by oracle-d.tasks.

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Thanks for the opportunity to explore and review one of the finance dapp.
I am going to review OmiseGO (Unbank the Banked).

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I only knew some information about this OmiseGO (know as OMG token) that this coin listed in coinmarketcap website in top coins but didn't know the scope it and how it works. I have gone through the details about it and sharing my review in this post.

What is OmiseGO-

OmiseGO enables financial inclusion and interoperability through the public, decentralized OMG network.
reference for above info

[img src[(https://omisego.network/)

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OmiseGO is listed in stateofthedapps website at current rank #19 but under Finance category its rank is 2. This is based on Ethereum platform

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The OmiseGo network works to empower finance on Ethereum blockchain and enabling transparent, peer-to-peer transactions in real-time basis. The decentralized network facilitates independent financial services.
The main motto or objective of Omisego network is to provide a solution payment related problems that happen during processing of payment transaction to the financial institute. Basically it is to ensure smooth and hassle free payment processing. Addition on that, it has its own ERC-20 token known as OMG which is listed in coinmarketCap website also. This OMG token is listed at rank 28 in CMC website. Here is the snapshot of the token's name, current price and rank-

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Omisego (OMG) basics-

It consists of four layers/basics-

• White-label Wallet SDK (Software Development Kit )
• Decentralized Exchange (knows as DEX)
• Scalability Network Mechanism ( Digital Asset Gateway)
• Clearinghouse (Decentralized Cash In/Out Layer)

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Benefits of Using Omisego

There are many benefits of using OMG network for payments processing and majorly 5 benefits are as under-

1-Access
2-Security
3-Scalability
4-Interoperability
5-Decentralized

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Plasma: Scalable Autonomous Smart Contracts -
Plasma is a proposed framework for incentivized and enforced execution of smart contracts which is scalable to a significant amount of state updates per second (potentially billions) enabling the blockchain to be able to represent a significant amount of decentralized financial applications worldwide. These smart contracts are incentivized to continue operation autonomously via network transaction fees, which is ultimately reliant upon the underlying blockchain (e.g. Ethereum) to enforce transactional state transitions.

reference for above info

Omisego partners-

OMG network has done partnership and collaboration with many giant investors across the world.

Here is the list of their biggest controllable partners. These names are not new and infact these are well known and quite popular and stable in their industry. This collaboration makes Omisego even more stronger-

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My view and thoughts-
Omisego network project is good and best about it is that its based on Ethereum platform which is very popular and in high demand now a days for many upcoming projects. OMG network is working to process payment transaction hassle-free and smooth processing but this is not so popular in daily life. Many people are even not aware about it. No doubt their team is working hard and they have great partnership and have potential to grow. I also think though it make take for them become so popular between individuals but when it comes to financial institutions they have high chances for their adoption. They technology is high and they are working continuously to improve and Plasma is great example of that.

My Rating-
I give 4 stars out of 5 to this project.

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Task Post Links-
https://steemit.com/odtasks/@oracle-d.tasks/task-9-review-a-finance-dapp

https://steemit.com/finance/@dapplovers/review-a-finance-dapp-and-earn-rewards-ft-state-of-the-dapps

OmiseGo Social Media-
Twitter
Facebook
Official Website- https://omisego.network/

Thank you.