press launch
PRESS RELEASE. February 20, 2022: The Basis for Interwallet Operability (FIO) has introduced that main non-custodial cryptocurrency pockets Bitcoin.com has built-in the FIO Protocol. As of right this moment slightly below ten million Bitcoin.com pockets customers will now have the ability to ship any kind of cryptocurrency to easy easy-to-read crypto handles in a safer and user-friendly transaction expertise.
FIO Protocol offers customers with a brand new strategy to switch cryptocurrencies. As an alternative of getting to make use of complicated pockets addresses, customers can merely register a FIO Crypto Deal with and use readable pockets names, just like e mail addresses, to ship, obtain, or request any kind of cryptocurrency. In some methods, the simplified area idea is just like the .eth names supplied by Ethereum Title Service, or Unstoppable Domains’ .crypto, .pockets, or .blockchain addresses. Nonetheless, there’s a core distinction with FIO Protocol in that its community focuses on consumer privateness and interoperability between totally different blockchains.
Bitcoin.com integrates the FIO Protocol because it goals to help cryptocurrency usability and mass adoption. Bitcoin.com customers will now have the ability to ship any kind of cryptocurrency to a FIO Crypto Deal with through the Bitcoin.com pockets.
Luke Stokes, Managing Director, Basis for Interwallet Operability: “In simply over a decade Bitcoin has emerged as one of the vital thrilling asset lessons for retail and institutional traders, and is seen by many together with myself as one of the best type of cash ever created. For folks to correctly belief this community they might want to trust within the infrastructure and really feel positive that who they’re sending property to is actually the particular person they assume it’s, the FIO Protocol allows this to occur.”
Dennis Jarvis, CEO, Bitcoin.com: “Bitcoin.com is dedicated to offering safe and easy-to-use instruments for this economic-freedom creating asset class. Sadly, cryptocurrency addresses have lengthy been a roadblock to widespread adoption. We wholeheartedly welcome FIO’s efforts to ascertain an open-source protocol for registering human-readable addresses, and we’re proud to combine the FIO Protocol in our merchandise.”
Bitcoin.com Pockets joins over thirty 5 main wallets, exchanges and crypto cost processors which have built-in the FIO Protocol into their merchandise. FIO Protocol’s delegated Proof-of-Stake blockchain is ruled by FIO token holders, with blockchain charges divided between block producers and the businesses that allow the FIO Protocol of their functions.
For these concerned about utilizing FIO Protocol within the Bitcoin.com pockets, please go to https://bitcoin.com or try a demo video right here.
About FIO
FIO, the Basis for Interwallet Operability, is a decentralized consortium of blockchain organizations and neighborhood members supporting the continued growth, integration, and promotion of the FIO Protocol. The protocol is an open-source, decentralized usability layer answer that works throughout all blockchains, and makes use of human-readable Crypto Handles to exchange the complexity, danger, and inconvenience that comes with blockchain-based transactions utilizing public addresses.
About Bitcoin.com
Bitcoin.com’s mission is to create extra financial freedom on the planet. They do that by offering the knowledge and instruments folks want to purchase, promote, commerce, make investments, and use crypto property. The Bitcoin.com area options accessible instructional supplies to get you on top of things, whereas Bitcoin.com Information offers well timed protection of the trade information that issues. The totally non-custodial Bitcoin.com Pockets is an easy-to-use however highly effective app, obtainable throughout cellular and net. It allows anybody on the planet to acquire and handle their Bitcoin, Bitcoin Money, Ethereum, and ERC-20 tokens.
Contact: advertising and marketing@fioprotocol.io
This can be a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. Bitcoin.com isn’t accountable, instantly or not directly, for any harm or loss prompted or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or providers talked about within the press launch.
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