ioPay Integrates FIO Protocol Features for Enhanced User Experience
The Foundation for Interwallet Operability (FIO) is excited to announce its new partnership with ioPay. IoPay will integrate into its platform the following FIO Protocol features: The ability to register FIO Crypto Handles and custom domains, FIO Receive, FIO Send and add Support for FIO Token. IoPay users will be able to take advantage of utilizing features of the FIO Protocol, which makes using any cryptocurrency easier and less prone to mistakes.
IoPay is a multi-chain decentralized wallet that provides an enhanced user-friendly experience for novice and experienced Web3 users alike. In short, IoPay is the one-stop shop when it comes to accessing tokens and Dapps across multiple blockchains. With such an elegant interface, ioPay allows you to effortlessly manage your tokens, and at the same time lets you switch between hundreds of Dapps, from DeFi to GameFi to NFTs without leaving the ioPay wallet.
Another amazing feature worth mentioning is interoperability. For instance, with ioPay 2.0, you can seamlessly switch between IoTeX, Ethereum, BSC, and Polygon networks. Which is one of the reasons why this partnership with FIO makes so much sense.
FIO is a blockchain and wallet agnostic protocol that is focused on making cryptocurrency interoperable and easy to use. A perfect solution for multi-chains wallets such as ioPay making crypto transactions easier for all users of IoPay worldwide.
IoPay will be integrating FIO Crypto Handle registration, FIO Send and Receive, and FIO Token support. This process removes all the stress and the risks of error simply by replacing the long-string public wallet address with a human-readable FIO Crypto Handle.
This process makes sending and receiving any cryptocurrency as simple as sending and receiving an email, and at the same time eliminates the potential of making mistakes and possibly losing your cryptocurrency forever. A FIO Crypto Handle typically comes in the format of username@domain, for example, danny@iopay.
IopPay Users will also have the option to register custom domains and create usernames to register FIO Crypto Handles using their custom domain, for example firstname@lastname. No longer will users have to worry about mistyping a character or any hack or exploit that alters the address where the user is trying to send funds.
About IoTeX
IoTeX is the leading decentralized network powering the future of Web3 and machine economy (MachineFi) via dApps that reward and benefit people for real-world everyday activities. The platform is built for developers to connect billions of machines with Web3 infrastructure, to create innovative products including DeFi, NFT, DAO, Metaverse, and MachineFi applications. Founded in 2017 with a team of alumni from Google, Facebook, Uber, Bosch, and Intel, IoTeX has launched a high-performance public blockchain with off-chain computing for devices and machines, cross-chain bridges, wallet, and the MachineFi marketplace. IoTeX has grown rapidly with ∼$1B in assets on-chain, >300K on-chain users, and >10k devices connected across 125+ dApps.
About FIO
FIO, the Foundation for Interwallet Operability, is a decentralized consortium of blockchain organizations and community members supporting the ongoing development, integration, and promotion of the FIO Protocol. The protocol is an open-source, decentralized usability layer solution that works across all blockchains, and uses human-readable Crypto Handles to replace the complexity, risk, and inconvenience that comes with blockchain-based transactions using public addresses. FIO Protocol is built on the FIO Chain, a dPoS blockchain fueled by ecosystem utilization of the FIO Token ($FIO).
