Today’s spotlight is on… OmiseGO!
Please tell us a little bit about OmiseGO.
OmiseGO Pte. Ltd. is one of the 7 subsidiary companies that is 100% owned by Omise Holdings Pte. Ltd. OmiseGO is the only subsidiary that focuses on blockchain technology.
Earlier in 2017, OmiseGO conducted an ICO to raise funds for building out the OMG blockchain and white-label wallet SDK. The ICO fund remains at the OmiseGO entity level and will strictly be used towards delivering the milestones outlined in the OmiseGO crowdsale document.
OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. It is designed to enable financial inclusion and disrupt existing institutions; access will be made available to everyone via the OmiseGO network and digital wallet framework.
Is there anything that’s not generally well known about OmiseGO that you wish people knew?
OmiseGO’s OMG blockchain decentralized exchange (DEX) will be built into the consensus layer of a Proof of Stake (PoS) blockchain. OMG tokens are required for participating in the network’s consensus and validation process. Stakers will act as validators of the blockchain and, if you choose to stake, you will receive a return from fees that validators charge to network users to cover the cost of validation of transactions (which include trades) carried out over the DEX.
Therefore, OMG is not a cryptocurrency, unlike bitcoin. Unlike most blockchains, the OmiseGO blockchain is designed to be interoperable with other blockchains.
Could you clarify what ‘interoperable with other blockchains’ means and the benefits of blockchain interoperability please?
Interoperability with other blockchains here refers to the ability to trade any type of digital asset, including non-native tokens on the OmiseGO DEX. Other blockchains have different tokens and, most of the time, you cannot trade across these various blockchain tokens. So, interoperability from OMG means you will be able to trade BTC, ERC20, or LTC on the OmiseGO DEX.
The benefits are enormous: transactional ecosystem participants – consumers (banked, or unbanked), merchants and financial institutions will have more flexibility and freedom to conduct commerce that is not limited to any one specific network. With OmiseGO, the ecosystem participants can accept or exchange almost any crypto that a user holds; and partnered with Omise’s existing payments platforms, merchants have almost unlimited acceptance capabilities.
Can you share what it’s like working at Omise/OmiseGO?
At Omise and OmiseGO, we invest in all our people and believe every employee is pivotal to achieving company’s mission & vision. We promote a strong culture with teamwork being one of our core values. We believe that skills are not the only thing to consider when selecting a suitable candidate. Instead, we value people with independent thinking, good character, the right attitude towards learning, and those who can adapt in fast-moving environments.
We give freedom to our developers for learning and applying new concepts at work. There are no strict rules on how to do something, but only what needs to be achieved. This flexibility allows our team to work together in a stress-free environment and at the same time innovate while creating new technologies and ideas.
We don’t restrict ourselves to our headquarters in Southeast Asia. We’ve got the most talented team working globally from Silicon Valley to Bangkok, from Singapore to Europe. Our team sets itself apart with its diversity, not only in terms of nationalities and locations, but also in terms of its specialties – technical and business.
Although the blockchain technology has been in the market for a while, it is still new and is very complex. Putting together the OmiseGO team has not just been about bringing together the intellectual power that will push through boundaries, but is forming a team that is passionate and absolutely love what they are working on.
Thank you for taking the time to talk to us, is there anything else you’d like to mention?
You’re welcome, and thank you for having us!
Are you guys hiring?
Yes, we do. you can go to https://www.omise.co/careers for more details.
I take it you don’t hire remote. Shame.
Not sure if that fixes that but there’s at least an opening that considers that + it’s in Warsaw so closer to you if that matters :). https://imappandgolem.traffit.com/public/an/8 for an alternative posting of it.
From the post above
I’ve seen that too but then their careers page didn’t list remote as possibility so I figured I should ask.