OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators which enforce behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants. This high-performance distributed network enforces exchange across asset classes, from fiat-backed issuers to fully decentralized blockchain tokens (ERC-20 style and native cryptocurrencies). Unlike nearly all other decentralized exchange platforms, this allows for decentralized exchange of other blockchains and between multiple blockchains directly without a trusted gateway token.
Trade any token or digital asset over OMG network including all crypto and fiat
Ethereum blockchain bonding gives secure token custody and transactions validation
Plasma architecture allows unlimited scalability and up to billions of transactions per second
Cross-chain transactions enabled by OMG network, such as Bitcoin and Ethereum
Proof-of-stake lowers environmental waste and directly scales token value with network value
The OMG network is a proof-of-stake and infinitely scalable Plasma blockchain with a decentralized exchange built into its core consensus layer. The Plasma construction allows for low-cost security, scalability, and settlement for all financial applications that will run on the OMG network. Transactions are performed using the OMG token, build on top of the Ethereum solution.