What it Offers
Ethereum based financial technology
Ease of use – no bank account needed
People who don’t have bank accounts or who, for whatever reason, don’t want to deal with the financial system now have more options.
Affordability – low transaction fees
Using traditional remittance methods make it difficult for a lot of their target market to send money home. The fees will take up a large percentage of the total amount. OmiseGo can offer almost instant transfers at low cost.
Allows easy transfer between fiat currencies and also digital currencies
What it Means
Ultimately, OmiseGo should make it easier for foreign workers to send money home to their families. It also has the additional benefit of extra security through decentralized currencies. Millions of users in fast growing economies will be given the opportunity to go from fiat currencies to digital currencies.
