Zelcore Integrates FIO Protocol for Better Web3 Usability

FIO
FIO Blog
Published in
3 min readAug 23, 2022

The world’s first gateway for Web3 integrates the FIO protocol to ensure people can quickly find, manage, store and trade their digital assets and information

The Foundation for Interwallet Operability (FIO) has announced that the world’s first gateway for Web3, Zelcore, has integrated the FIO protocol. As of today its users will be able to register a FIO crypto handle, send and receive digital assets to easily readable addresses such as user@domain and exchange FIO Tokens.

Zelcore is integrating the FIO Protocol as it aims to support cryptocurrency usability and mass adoption through the use of the FIO Crypto Handle registration and functionalities.

As a true gateway for complete Web3 adoption, Zelcore delivers the best centralized exchange user experience from a single decentralized platform. Its simplified, consistent interface provides access to all significant blockchain utility services and capabilities while offering users full digital asset ownership, management and security. This is enabled by individual control of private keys on a consumer’s device. A “wallet of wallets,” Zelcore enables consumers to manage their crypto portfolio with ease and allocate portions of assets into separate wallets within a single user account.

Zelcore supports over 60 blockchain protocols, 450+ coins and tokens with the ability to import over 50,000 tokens, the most of any multi-asset wallet. It has indexed more than 1,000 trading pairs and connects to the markets that allow consumers to get the best price execution possible. Navigating this ecosystem is fraught with potential pitfalls as users could miscopy addresses or send digital assets to the wrong underlying network, issues the FIO protocol usability layer prevents.

Luke Stokes, MD, Foundation for Interwallet Operability: Although this industry is just over a decade old, the pace of innovation and creation of new assets is reaching breakneck speed. How people interact with multi-asset/protocol platforms such as Zelcore for trading assets in a secure, easy and even joyful experience will determine whether mass adoption becomes a reality.

Tim Tully, CEO, Zelcore: Zelcore and FIO share an extremely important mission to make Web3 much more accessible and easier to use for every consumer. Today, consumers are familiar with sending each other money using simple email addresses and user names through services like PayPal and Venmo. Exchanging digital assets and sending payments within Web3 should be just as easy and this is what FIO uniquely enables. We are excited to bring this usability to Zelcore consumers.

Zelcore joins over sixty major wallets, exchanges and crypto payment processors that have integrated the FIO Protocol into their products. The delegated Proof-of-Stake blockchain is governed by the FIO token holders, the blockchain fees are divided between block producers and the companies that enable the FIO Protocol in their applications.

Check out the demo video below to set up a FIO Crypto Handle on the Zelcore wallet:

Also check out the demo video below to see how FIO Send makes sending crypto in the Zelcore Wallet as easy as sending an email!

About Zelcore

Zelcore is the world’s first consumer gateway for Web3. The easiest way to navigate all major exchanges and blockchain protocols, Zelcore empowers people to quickly find, manage, trade and truly own their digital assets and information. Founded and led by a team with deep crypto, blockchain, payments and financial services experience, Zelcore is based in Portland, OR.

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).

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