FIO Protocol Featured in Messari Research Report
The Foundation for Interwallet Operability (FIO) is excited to share Messari’s Research Report featuring FIO Protocol. Messari’s Research Report walks through FIO Protocol in depth, speaking to FIO’s core features and the way each feature contributes to building a more usable crypto future.
Check out a report snapshot below, and read the full report here →
- FIO is a protocol that enables a uniform user experience when transacting value across blockchains and products.
- Its usage is enabled by crypto endpoints such as wallets, payment processors, and exchanges that integrate FIO capabilities.
- FIO seeks to drive adoption via a user-friendly crypto experience.
The rise of digital assets is following a similar trend as the Internet’s growth in its day: as adoption increases, usability improvements follow behind. While it’s appealing to own a piece of a protocol via its tokens, sending tokens is often cumbersome and error-prone. Take, for instance, sending tokens to the wrong address or the constant juggling between user interfaces and wallets.
FIO protocol is a viable solution to improve usability without compromising on decentralization — it offers a homogeneous user experience when transacting value across various blockchains and products. FIO uses human-readable wallet names to send, receive, and request digital assets.
FIO, the Foundation for Interwallet Operability, is a decentralized consortium of blockchain organizations and community members supporting the ongoing development, integration, and promotion of the FIO Protocol. The protocol is an open-source, decentralized usability layer solution that works across all blockchains, and uses human-readable Crypto Handles to replace the complexity, risk, and inconvenience that comes with blockchain-based transactions using public addresses. FIO Protocol is built on the FIO Chain, a dPoS blockchain fueled by ecosystem utilization of the FIO Token ($FIO).