Re:Tokyo-based cryptocurrency exchange hacked, losing $530M:...
by jv22222 on Sunday January 28, 2018 @04:06AM
(#16250516)
> Can you explain how a decenteralized exchange provides USD?
A major part of the OmiseGo plan is full cash-in/cash-out capabilities via as many ATMs as they can get connected to.
They have access to quite a few thousand ATMs out the gate via strategic investments and partnerships with a number of very large banks in Aisia.
Their parent company is Omise (basically the Asian Stripe) already has a cashflow of $100-$500m/day. FYI They will be switching all their existing business to run on the new dex, so from the get go it will start with a large volume as the test case.
Checkout the OmiseGo white-paper for the main details.
A major part of the OmiseGo plan is full cash-in/cash-out capabilities via as many ATMs as they can get connected to.
They have access to quite a few thousand ATMs out the gate via strategic investments and partnerships with a number of very large banks in Aisia.
Their parent company is Omise (basically the Asian Stripe) already has a cashflow of $100-$500m/day. FYI They will be switching all their existing business to run on the new dex, so from the get go it will start with a large volume as the test case.
Checkout the OmiseGo white-paper for the main details.