Logos Network to Integrate Blockchain into Omanye Money’s Payment Transfer Platform
Logos Network is partnering Omanye Money to improve the latter’s money remittance platform using blockchain technology.
Omanye Money is a company that allows people to send and receive money both locally and internationally. The firm focuses on speed, reliability and security. On the other hand, Logos Network uses blockchain technology to streamline the remittance of funds.
As mentioned above, Logos intends to integrate blockchain technology into the existing Omanye Money platform to improve service delivery. The biggest improvements will be reduced transaction costs and faster turnaround times. In addition, the new app will be accessible and more reliable than the current option.
Michael Zochowski, the founder of Logos Network, believes that their collaboration with Omanye Money will provide a dependable money transfer solution to individuals overlooked by conventional financial institutions. He also pointed out that direct peer-to-peer connections will ensure that transactions are fast, cheap and most importantly, secure.
As of now, Omanye Money is used in several countries across Africa, Asia and North America. The service is accessible through their 40,000 outlets spread across the Philippines, South Africa, Canada, and the UK and many others.
Sammy Crabbe, the CEO of Omanye Money, said that the deal with Logos Network conforms to their mission of developing products to match the ever-growing demand of their clients.
Sammy added that their ultimate goal is to provide a reliable platform that enables the seamless and affordable transfer of money.