Fio Protocol (FiO)

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The Foundation for Interwallet Operability (FiO) is a blockchain consortium of wallets, exchanges and cryptocurrency payments providers, all of whom utilize the FIO protocol. Development is overseen by the FiO foundation, and the company originally behind the development of the protocol, Dapix, received $5.7 million in funding through Binance’s venture arm, Binance Labs.

The FIO protocol has been described as an “industry standard, decentralized service layer that improves usability across every blockchain, token or coin.” Its mission has been described as doing for the blockchain ecosystem what the HTTP protocol did for the internet.”

The FIO blockchain uses the Delegated Proof-of-Stake (DPoS) consensus algorithm, which the team says ensures scalability and provides adequate incentive mechanisms for network contributors. The network’s token, FIO, is used to pay for transactions - but the distinction here being that users will pay a “modest” yearly registration cost associated with the FIO address. 

The project’s roadmap is a detailed document that does not provide specific dates for most objectives, though it does offer a thorough look into the development process and vision. The roadmap does state that the initial version of the FIO protocol is expected to launch in Q1 2020.

In the year following the mainnet launch, the team has outlined the following goals: a pricing oracle, a block explorer, enabling the FIO domain in other wallets and more. Secondary ideas include aliases, multi-sig routing, a verified user program, browser plug-ins, among other ideas.

Several prominent entities in the cryptocurrency space have already already joined the FiO consortium. Members include the ShapeShift, Mycelium, Enjin Wallet, Coinomi, KeepKey, TrustWallet, MyCrypto, Bitcoin.com and many more. 


What You Need to Know About FIO Protocol and Its Domains

2 Mar 2024 4 minute read 1 comment Guarda Wallet

Crypto users are always looking for new ways to transact digital assets securely, while some open-source platforms are working to make it possible. If you are a crypto user, you know that wallet addresses are a long string of characters that are very...

Learn about blockchain interoperability and earn your free FIO Crypto handle when you finish the course!

10 Nov 2022 1 minute read 2 comments katerinaramm

  As time goes by, we tend to remember less and less numbers. We store everything in our telephones, laptops .. We rarely even remember telephone numbers any more (well, maybe not if you are an arithmetic-mnemonist :)) Imagine having to tell to someo...

Crypto is hard, FIO makes it easy. Stake FIO and earn up to 450% APY

18 Feb 2022 4 minute read 0 comments Aakasha

  Whether you are a crypto pro or a newbie, you can never be too careful when making crypto transactions. The long string of numbers and letters that makes up a wallet address, doesn't exactly roll off the tongue. It's easy to put in the wrong addres...

FIO Protocol Price Prediction

7 Jul 2021 3 minute read 0 comments SwapSpace

FIO Protocol Fundamental Analysis FIO is a utility token powering FIO Protocol — a project initiated by the Foundation for Interwallet Operability and intended to improve crypto usability. FIO protocol does that by letting a user utilize a single ea...

🔥 Coinmarketcap X FIO Protocol || Learn & Earn Program.

13 Apr 2021 1 minute read 0 comments FreedomBuilder

  📈 FIO is Already Listed on Binance Exchange. 🏦 Go to Binance & get your UID "User ID".https://www.binance.com/en/register?ref=12258276 ✈️ FIO Protocol Learn & Earn Program.https://coinmarketcap.com/earn/project/fio-protocol 🔶 Tasks:📌 Sign up at...

EOSIO Weekly: Featuring Luke Stokes of FIO Protocol

8 Jan 2021 5 minute read 0 comments Jimmy D

Hello everyone, and welcome back to the first episode of EOSIO Weekly in 2021. As usual Corey and Jimmy D will take the first part of the show to go through some of the news happening in the EOSIO and broader blockchain space, as well as impart their...

Luke Stokes on FIO and Solving Cryptocurrency Ease of Use

31 Dec 2020 1 minute read 6 comments TheDesertLynx

Luke Stokes, Managing Director of FIO (the Foundation for Interwallet Operability), comes on the podcast to talk about ease of use for cryptocurrency, it's role in mass adoption, and how FIO plans to solve some of the biggest issues facing Bitcoin u...

FIO — All of Your Blockchain Accounts in One Place

29 Oct 2020 1 minute read 0 comments ChangeNOW

ChangeNOW, the non-custodial cryptocurrency exchange service that offers limitless swaps for more than 200+ currencies, is happy to announce the integration of FIO protocol into its exchange process. Now anyone with an FIO address can use it instead...

FIO Official Listing x Bithumb Exchange - 50,000 FIO Grand Prize Pool!!!

13 Aug 2020 1 minute read 0 comments FreedomBuilder

  📈 FIO Already Listed in CoinMarketCap at Binance, Bitmax, Hotbit & Hoo Markets. 🎁 Total Reward: Receive up to 70 FIO ≈ $25 📈 Create an account at Bithumb Exchange.👉 Invitation Code: 8x8mat 🔶 Airdrop Terms and conditions:📌 Create an account at...

FIO PROTOCOL - PERSONAL REVIEW

13 Apr 2020 1 minute read 2 comments CRYPTOXICATE

ITS BEEN SOME TIME SINCE A PROJECT ACTUALLY GET MY ATTENTION THIS MUCH, NOW THAT IM STUCK AT HOME AND STARTED LOOKING FOR PROJECT THIS IS ONE THAT REALLY GOT ME EXCITED FOR SEVERAL REASONS, ITS SOLVING A VERY IMPORTANT PROBLEM THAT IS EASY USAGE OF...