Archives for September 8, 2020

Originally designed as a means of everyday exchange, Bitcoin has been used for many other purposes ever since. The most prominent of them is a store of value — a way to preserve and increase capital. Some even say that the store of value is the only considerable purpose of Bitcoin. They also argue that the existing limitations in Bitcoin’s network won’t let it become the global means of everyday payments. But what are these limitations, and what are the other Bitcoin uses? Let’s see what’s the point of Bitcoin! 

The reason OmiseGo is valued is because of its feature allowing transfers between different blockchains without involving third-party exchanges. It also facilitates transfers between blockchains and traditional financial services like SWIFT and VISA. The OmiseGo platform is more practical for business use in real-time, as it is both quick and convenient.

OmiseGO is a public forum technology that was initially designed to work on Ethereum. Ethereum itself is an open-source, open blockchain technology with smart functionality. OmiseGo switched to its blockchain in 2018, designed for easy use, facilitating real real-time trading of assets between two or more users.