OmiseGO (OMG)

OmiseGO is building a decentralized trade, liquidity company mechanism, clearinghouse texting system, and asset-backed blockchain gateway. OmiseGO is not owned by any solitary one party. Instead, it is an open distributed system of validators which enforce behavior of most participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of markets activity amongst participants. This high-performant distributed system enforces trade across asset classes, from fiat-backed issuers to completely decentralized blockchain tokens (ERC-20 design and native cryptocurrencies). Unlike nearly all other decentralized exchange platforms, this allows for decentralized exchange of other blockchains and between multiple blockchains directly without a trusted gateway token. Markets may be capable significantly reduce spreads and encourage market assurance via decentralizing custody and increasing transparency of markets activity. This try achieved using smart agreements, protocol tokens enforcing correct market behavior of orderbook matching, a new construction of Ethereum fused external enforcement of clearinghouse task, and commitments to historical trade information for use with Ethereum smart contracts.