All About OMG Network (OMG) February 02, 2021 00:33 Updated An Open Financial Infrastructure Built On Plasma. OmiseGO is building global financial infrastructure on the OmiseGO Network, which uses a Proof of Authority consensus mechanism. Within the OmiseGO ecosystem, some of its components include a decentralized exchange, a liquidity provider mechanism, a clearinghouse messaging network, and an asset-backed blockchain gateway. The OmiseGO eWallet Suite enables users to build and integrate a front-end interface for different types of digital transactions. OmiseGO is also one of the core contributors to the development of Plasma, a framework to scale Ethereum. The OMG token is used as transaction fee for all of functionalities the platform provides. Start Trading Now! Download Binance.US app here Related articles All About 0x (ZRX) All About Band Protocol (BAND) Binance.US Will List Harmony (ONE) List of Unsupported States All About Solana (SOL)