April Was All Systems OmiseGo, Up 52% Over Past Month

OmiseGo's impressive recovery has once again proven its worthiness amongst the coveted top 20 coins by market cap.

The prodigious child of established payments provider Omise, OmiseGo's public PoS blockchain is yet another humanitarian attempt to "Bank the unbanked" - disrupting traditional payment networks that have held monopolies for decades - the likes of SWIFT, CHIPS or FedWire.

Put simply, OmiseGo is an Ethereum-based bridge to connect payment processors, financial institutions and gateway providers.

Scrabbling to remove the malicious link, CoinDesk's belated remediation did little to repair the damage - OmiseGo soon finding themselves at the epicenter of a political tempest.

Starting April off with a bang, OmiseGo announced the signing of a Memorandum of Understanding with Shinhan, one of Korea's largest commercial banks.

Shinhan has tapped into OmiseGo's generous portfolio of payment solutions - despite Shinhan's earlier interest in a Ripple pilot program.

OmiseGo welcomed the prolific stablecoin MakerDAO as a trading pair on its decentralized exchange.

With the mutual goal of financial decentralization, OmiseGo and MakerDAO's move is compelling - providing OmiseGo a stable asset needed to build its emerging empire, while providing Maker an additional currency as collateral - a fundamental requirement of how DAI achieves stability.

As April drew its last breath, OmiseGo CEO streamed a high-profile AMA session with Electrify Asia - an emerging retail ecosystem targeting the Asian marketplace.

Having caught the eye of the most influential allies it may need to achieve this bold vision - financial giants, NGOs and prominent cryptocurrencies, the OmiseGo team won't be losing a wink of sleep over CoinDesk's misfire.