SWFT Partners with FIO Protocol to Make Sending Crypto as Easy as Sending an Email
The Foundation for Interwallet Operability (FIO) is excited to announce our partnership in cross-chain swaps with SWFT Blockchain which shares some of our values when it comes to interoperability and user-friendliness. This integration will allow users to effortlessly send any cryptocurrency in a process as easy and simple as sending an email.
SWFT Blockchain is a next-generation one-stop cross-chain swap protocol and payment network that offers a mobile wallet with both custodial and non-custodial (decentralized) storage options as well as non-fungible tokens (NFTs) as well as other interesting features like lending and SWFT Pay..
The SWFT AllChain Bridge is an extremely advanced swap protocol that combines the use of artificial intelligence (AI), machine learning and big data to enable direct swaps between over 300 cryptocurrencies in over 20 different blockchains, doing so at incomparable rates, in lightning speeds and with extremely low fees.
Another exciting feature is SWFT Pay, which allows users to send or request payments in hundreds of cryptocurrencies instantly without having to worry about wallet addresses. Similar to how FIO requests work.
Offers a mobile wallet with both custodial and non-custodial (decentralized) storage options, the SWFT Blockchain seems to be the go-to protocol for cross-chain swaps between DeFi and CeFi currencies, stablecoins, and more.
So what is FIO Send?
FIO Send is an integration that will give users the ability to easily withdraw and send any cryptocurrency without the stress of copying and pasting long string public addresses that users of this and other wallets are accustomed to having to use. FIO Send replaces that long string public address that is vulnerable to errors and other exploits with a simple, human-readable address known as a FIO Crypto Handle. The long string public key address is replaced with the FIO Crypto Handle in the format of username@domain or, for example, janedoe@swft.
No longer will users have to worry about mistyping a character or any type of hack or exploit that alters the address where the user is trying to send funds. Adding FIO Send to the SWFT blockchain gives its users an even more accessible and seamless experience when withdrawing and sending any cryptocurrency, making an already revolutionary wallet even more user friendly.
Integration of FIO Send to SWFT is another step toward easing daily operations with crypto. 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.
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).