SWFT Partners with FIO Protocol to Create an Enhanced User Experience
The Foundation for Interwallet Operability (FIO) is delighted to announce its collaboration with SWFT Blockchain in cross-chain swaps. This integration will enable users to effortlessly send any cryptocurrency, as easy and straightforward as sending an email.
What is SWFT?
In addition to a mobile wallet with options for custodial and non-custodial (decentralized) storage, non-fungible tokens (NFTs), lending, and SWFT Pay, SWFT Blockchain is a next-generation cross-chain exchange protocol. The SWFT AllChain Bridge is a cutting-edge swap protocol that makes use of artificial intelligence (AI), machine learning, and big data to allow for direct swaps between more than 300 cryptocurrencies on more than 20 different blockchains at unbeatable rates, lightning-fast speeds, and with incredibly low fees.
The SWFT AllChain Bridge is a highly sophisticated swap protocol that uses artificial intelligence (AI), machine learning, and big data to enable direct swaps between more than 300 cryptocurrencies on more than 20 different blockchains at unmatched rates, lightning-fast speeds, and with incredibly low fees.
SWFT Pay is another intriguing feature that enables users to transfer or request payments quickly in hundreds of cryptocurrencies without worrying about wallet addresses. Not too dissimilar from how FIO requests operate.
The SWFT Blockchain appears to be the preferred protocol for cross-chain exchanges between DeFi and CeFi currencies, stablecoins, and more. It offers a mobile wallet with choices for custodial and non-custodial (decentralized) storage.
What is FIO Send?
With the help of the FIO Send integration, users will be able to send and withdraw any cryptocurrency quickly and effortlessly without having to stress over copying and pasting the lengthy public addresses that users of this and other wallets are used to having to utilize. With FIO Send, the lengthy public address that is susceptible to mistakes and other attacks is replaced with a brief, readable address called a FIO Crypto Handle. The FIO Crypto Handle, which has the format username@domain or, for example, janedoe@swft, is used in place of the lengthy string public key address.
Grab your FIO Crypto Handle today at https://fioprotocol.io/joinfio/ and try out the FIO Send feature for yourself when withdrawing from the SWFT wallet.
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).
