OMG

coindesk.com/14-thai-banks-back-blockchain-platform-digitize-contracts/?utm_content=buffer16fa4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

The group's blockchain platform was first launched by Kasikornbank in collaboration with IBM in July of 2017.
*Breathes in*


AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH. Banks of Thailand announcing partnership with IBM backed company in July 2017. No mention of Omise ANYWHERE. OMISE GOYUMS ARE THE EQUIVALENT OF NETSCAPE TO GOOGLE NOW.

AHAHAHAHA NOBODY IS GOING TO USE THAT GARBAGE ESPECIALLY SINCE THE HOME COUNTRY IS FINDING THEIR OWN SOLUTIONS.

HAHAHAHAH THE FUCKING SKATEBOARD OVERVALUED SCAM COIN FINALLY SHOWS ITS TRUE COLORS

Attached: OmiseGo-Keeps-Community-On-Pins-And-Needles-1024x512-08-15-2017.jpg (1024x512, 60K)

Other urls found in this thread:

dbd.go.th/Applications/cds/
twitter.com/vitalikbuterin/status/931323377008046080?lang=en
hoovers.com/company-information/cs/revenue-financial.omise_company_limited.60bc1f63973c701a.html
coindesk.com/vitalik-reveals-new-idea-plasma-scaling-ethereum-event/
youtube.com/watch?v=_DPftmg7zR8
plasma.io/plasma.pdf
twitter.com/AnonBabble

Oh look desperate midget nigger is back

YOU GUYS ARE SO FUCKED. OMG IS GOING TO GET TOTALLY ECLIPSED BY REAL BANKS WITH REAL MONEY. MAYBE THEY WILL MAKE IT TO TOP 30 APP ON THE FINANCIAL SERVICES SECTION OF A SMALL CAMBODIAN VILLAGE APPSTORE

Why are you yelling like some 12 year old autist?

Ill type in lowercase for your brainlet mind to be more relaxed. So tell me, if omisego missed out on this deal, you can pretty much agree that its confirmed vaporware that will probably be a 3rd party shit payment solution with minimal transaction volume.

they were banking on this collaboration for 8 months and they fucking blew it. ahahahaha

Grasping for straws lil’nigga?

“used to issue letters of guarantee to state-owned enterprise auctions and other domestic trading operations.”

They’re utilizing blockchain to cut down on the time it takes to issue letters of guarantee to one another, which apparently is a lengthy process, and makes zero mention of processing payments or transferring wealth. This is an article about streamlining an internal process.

>Partnered with IBM
>Thai banks showing precedence of real companies in SEA
>Stellar also linked to IBM
>Implying that a small fintech company that has been around for 3 years is going to dominate a region being fought over by banks, Alibaba, and JD

Kek. Deluded are we

somebody hit this lil nigga with a freeze pop

I would love to hear the innovations IBM has come up with in the last 20 years.

I'll wait here.

Lol dude, IBMeme hasn't been relevant in decades, there is no one competent working for them

15 financial institutions, multinational conglomerate, multiple banks, omises billions alread being processed yearly
>worried
Kek

You’re completely ignoring the purpose of the article, on purpose, to justify omg FUD. Once again, the banks appear to be utilizing blockchain to streamline letters of guarantee, which can be defined as :

A letter of guarantee is a type of contract issued by a bank on behalf of a customer who has entered a contract to purchase goods from a supplier and promises to meet any financial obligations to the supplier in the event of default. A letter of guarantee may also be issued by a bank on behalf of a call writer guaranteeing that the writer owns the underlying asset and that the bank will deliver the underlying securities should the call be exercised. Call writers will often use a letter of guarantee when the underlying asset of a call option is not held in their brokerage account.

So to reiterate, theyre esstentially steamlining glorified purchase orders and contractual obligations and make zero references to payment processing. This is a utility use.

OmiseGo is a fucking fraud.

They took millions of dollars riding on Vitalik's coat tails, failed to deliver anything of value in nearly a year, and have used fake credentials for their team, which appears to have no fintech knowledge whatsoever.

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Snacks on snacks

But muh fud

>145bn market cap multinational company
>developed solid state drives, bar codes for all retail items, credit card magnetic stripe data, quantum computer infastructure...

>He still thinks a fake fintech company that cant even get the backing of the Thai government for a downloaded wallet will have dominance in the equivalent of the gold rush in SEA this year.

ahahahahaha


omisegoyums, might as well have invested in Lehman Brothers in 2007

so much plebbit spacing, why is there organized OMG fud?

yet all of the banks who omg holders are bragging about having partnerships with have just partnered with ibm

this. the thai government listened to juns talk and signed an acknowledgment paper to prevent him from being sued for making a security.

its basically the equivalent of thats a nice try ittle boy, we wont sue you for trying but we arent interested.

kek

>Working side by side with vitalik and poon while being a company that processes billions already
I bet you bought eos kek

isn’t he just an advisor

>company that processes billions already

Except non of that is true or verifiable.

EVERY thread I ask the OMGoys to prove to me that Omise has at least ONE SINGLE customer and one dollar of fintech revenue.

Go ahead. Try.

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>the lead plasma dev right now just finished college and has a year experience in software development
>this guy is supposed to make infastructure that is going to change payments globally
>vitalik is a genius, but his creation has become a conveyor belt for pumping out scam icos
>ill give it another 6 months before eth collapses on itself when people realize its useless

actually when researching OMG I was interested in this too. if someone could provide the annual reports etc that would be gr8 thanks

Eos holder detected

No he directly works on plasma you're just not paying attention to the news and talks he gives

Omise has been on Forbes multiple times and Nikkei which is the top financial and business news outlet in japan. All of this is easily verifiable the only ones you are tricking are lazy nigs gg

>tfw invest in a coin from a fintech company that's actually successful IRL

Attached: omgforbes.jpg (750x552, 201K)

>Forbes
>Literally get excluded from 95% of banking revenue in Thailand right before your eyes
>You are unironically invested in TenX 2.0

>can't read an article and comprehend what it's actually talking about isn't transaxtionp ocessing
>still probably an eos holder
Plz get aids

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and yet if you read their reviews from customers online they don’t even have a decent customer service kek

You didn’t respond to my rebuttal to your article and instead you went on a complete tangent

See how retarded I got just having to read your mind diarrhea

I have 3-4 friends who live in Thailand. I asked them about Omise and they said they never heard of them.

They are the equivalent of some loan shark 3rd party family mafia company there.

Once the news breaks out that Thailands banks letter of understanding was really just skimming through a try hard proposal and they tossed it in the trash as June left from the building, this price will unironically plunge to $1 tops

>He thinks theres room for competion between IBM, Alibaba, and JD for control of SEA.
>Muh plasma
>A boyscout leader who has 1 year exp is going to build plasma
> ^Im not actually joking look at David Knots linkedin

See this is what you do, you go off tangents to defend yourself. It’s your defense mechanism. I want you to acknowledge that he article you posted has NOTHING to do with processing payments, transfering wealth, or anything to do with generating revenue but instead is being used to streamline contractual obligations. But you you won’t and you’ll lose something instead that has no validity.

BUY SIGNAL

IBM is literally the laughing stock of the tech industry.

They lowball their quotes to get clients in the door. Overpromise and underperform has been their motto for the last thirty years.

Nobody with half a brain would touch them as a business partner.

Right? OMG feels like it’s going to pull massive gains any day now.

Look up HPB by NEO. 1 million tps and neo is arleady a platform with tons of partnerships and eyes on it by alibaba. even if the article just focuses on contracts, its going to be indicative of omisego falling behind the market development.

they had 8 months to build out their process and all they have to show for it is a basic sdk with a wallet. Woooooooow how innovative

What wallet you dumb nigger? You’re too stupid to understand what the SDK is aren’t you?

>Omise has been on Forbes multiple times and Nikkei

You have no idea what you're talking about. It's a private company.

Nikkei is a stock exchange of public stocks..

Those are void and meaningless statements designed to conceal your inability to provide a single SHRED of evidence that this is a real company.

For example, everyone laughs at McAffee and his crypto mining company MGTI, but at lerast you can pull up their 10Ks and read how much they were earning and spending.

Omise? No such fucking thing.

Has anyone heard from a real life business using Omise fintech services? Do they have a single purchase order.

I DARE ANYONE, TAKE THE OMISE CHALLENGE, prove it's a real business.

And posting marketing propaganda news hype ("MUH PARTNERSHIP") where no actual business or revenue is exchange, does not constitute proof. That's a marketing exercise.

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Bro, they are literally being denied any ideea of partnership.
Just wait few days b4 you buy. See if you maintain the wish.

And yet somehow, incapable of showing they made a single dollar selling fintech solutions to anyone...

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I’m not talking about HPB
I’m not talking about neo
I’m not talking about plasma

I’m talking about your inability to apparently read articles. It makes anything and everything g you say with no validity - you have no credibility.

Admit this article has nothing to do with the OMG project. It is not related in anyway.

sdk is a whitelabel wallet. they released that garbage and lied about a conglomerate using it.

its been 3 weeks since release and no feedback by developers either. fucking lol, not even freelance devs have used it.

Also

>Forbes Thailand

Holy shit, kek. They could have literally bought front page coverage on a shitty-ass rag like that for a few thousand dollars.

Remember, real American dollars go far in a Third World shithole, where people wear leaves on their feet.

I wish there was a way to fucking short this piece of shit.

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It has everything to do with OMG since OMG has been shilling their involvement with the Thailand Banks since June. There's not been any update at all from the Thailand Bank and even in the article you see in the background a list of partners, recognized blockchain solutions.

I don't see a blue logo on there

Jesus Christ you’re a fucking brick wall. There you go again with your tangents of “omise made promises with thaibank!!!11”

THIS ARTICLE HAS NOTHING TO DO WITH PAYMENTS OF ANY KIND.

If Omise was in the buisness of letters of guarantee, you would have an argument. But you don’t.

There are hundreds of blockchain with different uses. One company can utilize multiple blockchain for multiple services

Why do you keep talking to him?
He's literally spamming the board with multiple fud threads. He's not rational, don't waste your time.

Sure buddy. That's why there hasn't been any follow up at all.

I also researched the companies listed on the Omise website and they are all less than a billion dollars in yearly revenue.

a fucking pizza chain, mcdondalds (Not even the entire corporation, just thailand which has like 2% of the total sales), some video streaming service, and a tiny financial company.

They lied about everything and while the article is not about financial payments, its going to be the first of many announcements by the thailand government for support on blockchain technology.

Sadly, OmiseGO will be left behind unapologetically

In addition, you can see the corporate status of Omise Co LTd. On the Thai Department of Commerce, indicating that it is an active business entity registered with the Thai government

dbd.go.th/Applications/cds/

Lmfao still you go on tangents and refuse to admit you're wrong about the article

>If Omise was in the buisness of letters of guarantee, you would have an argument.

But that's literally all that Omise has done in a year...

Nothing but meaningless "Letters of Intent", Memoranda and "Preliminary Partnerships".

Pic related.

Most likely, the other side of this deal is probably compensated in tokens or US dollars, for the publicity stunt. Pic related.

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so what? lol

They are a failed financial solution that fomo'd into crypto by riding on Vitalik's fame at the time. They would have never made it past the status of a coin like TenX if the crypto community was also not in love with vitalik for the bull run that made Ethereum blow up. Everyone thought he was a genius at the time and no matter what he was associated with would succeed.

Truth is Omise contributed a few bucks to eth back in the day, and now Vitalik, who was also being interviewed by dozens of crypto companies at the time, decided to stick around. He hasn't dont anything at all for development and he is basically a name on their website to bring suckers in.

I'll say it again - OmiseGO was a failed emotional project that aimed to disrupt the banking space but got crushed over time and they have been more and more quiet. Vitalik has been associated by name only and if it wasn't for him, they would not be anywhere. He even sold all of his OMG back in Sep when the honeymoon phase was over.

More food for thought. They decided to do an ICO right around the time Ethereum blew up, kind of like when a friend you havent talked to in a while makes it big, you try to reconnect with them, and steal some of their spotlight.

Omise did exactly that. They havent received funding in 2 years prior to their ICO and it was a desperate attempt at a cash grab. They knew from the beginning they had such a small spec of market control, and this was an all or nothing solution to try and get more relevant.

Basically cranked that margin leverage up to 100x for their reputation, and sadly got liquidated.

I keep telling you cunts.
>BANKEX HAS PLASMA.
Its here omisego haven't done shit, and will be cucked by VB
twitter.com/vitalikbuterin/status/931323377008046080?lang=en
>

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A failed financial solution that process billions a year and generates roughly 1B in yearly revenue?

source: hoovers.com/company-information/cs/revenue-financial.omise_company_limited.60bc1f63973c701a.html

See what I did? I posted a source. You in all of your fud threads never post any sources excluding your self generated, opinionated medium article.

If you are so enthralled with dismantling Omise, you should ask your questions and crackpot theories regarding their partnerships, revenues, game plan during their upcoming townhall April 3rd.

That's literally just their registration address.

Proves nothing in the way of revenues or anything business activity related.

I'm starting to suspect Omise and OMG are one of the biggest cases of fraud brewing in the entire crypto market.

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>1bn yearly revenue
>Thailand Banks and MUFG generate over 100bn easy
>He thinks these powerhouses are going to give their hard earned business away to a 3rd world cambodian ladyboy company for free when they can do it in house

Fucking KEK. You may be a bigger brainlet than anyone I know

>Most likely, the other side of this deal is probably compensated in tokens or US dollars, for the publicity stunt. Pic related.

You don't know shit.

AMERICAN dollars go far in a place where embezzlement, prostitution and human trafficking are the main economic sectors.

The simplest answer is 99% of the time the correct answer, and in this case, the answer is both parties stand to gain on the popularity of the token by posing for fake deals in which no goods, services or money are exchanged.

What's the purpose of these partnerships if they mean nothing in an economic sense?

Tron-tier hype.

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and dont even tell me you think MUFG is going to run Jcoin on the OMG network. That may be the dumbest thing you've said in this thread if you were to.

MUFG employs tens of thousands of financial advisors, r&d specialists, and tech gurus. They're not going to surrender their power in the market to some shit stain .01% market dominance company just because they have been desperately throwing vitaliks name on all of their proposals

It's the equivalent of a corporate status for the United States which indicates the validity and status of a business in which country/ state they are incorporated in.


You confuse generated revenue with what they process yearly, but Once again, there you go on your tangents. You argue Omise is a failing business, and I show you the source in which they generate 1B in yearly revenue and what do you do? You go straight to talking about ladyboys.

I never suggested that MUFG is going to run Jcoin on the OmiseGo network, thanks for putting words in my mouth. I do however believe that it would make sense from a business standpoint to issue fiat-backed tokens.

What's the corporate status of Omise and what does it tell you?

I didnt explicitely state they are a failed business/have failed YET. What I am saying is they will be made redudant gradually overtime when the honey moon phase of crypto dies off and VB disassociates with the project, while they lose market leverage against banks.

OMG will be one of the many scam coins that fails this year. Not entirely due to incompetence, but falling behind in a very dominant market in SEA by REAL companies with A LOT of money.

"They are a failed financial solution that fomo'd into crypto" Really? sounds like you that stated that Omise was a failed financial solution that fomo'd into OmiseGo? How else should I interpret that?

I still think you misinterpret Vitalik's role? He's not working on OmiseGo. He's working on plasma. Why can't you separate the two?

but hes not working on plasma. Joseph Poon and some random dude named David knott who came out of nowhere the past month are.

David Knott is the lead dev on plasma and he is 22 with 1 year experience in software development. Why would he be the project lead for something that is being proposed on the scale of reinventing the telephone?

>Not working on plasma

coindesk.com/vitalik-reveals-new-idea-plasma-scaling-ethereum-event/

youtube.com/watch?v=_DPftmg7zR8

plasma.io/plasma.pdf

You are equating experience to performance. Although experience correlated with performance, performance is not dictated by experience. The kid could be a genius at coding, a savant for all I know. Any normal person would judge him by his code, not how old he is. Vitalik is 24 and created a a multibillion dollar platform that has revolutionized blockchain.

Anyway it's been fun debating. I'm going out.

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>Hurr durr doesn't have experience in a new technology.
>Applicants with 10+ years of blockchain experience need only apply.

>What's the purpose of these partnerships

To prove there is interest and that there is dialogue. When there are open ended partnerships like this it means they're scoping the market. If Omise can provide the best value then they will sign more solid agreements.