FIO FIO Protocol Prices, Charts and Graphs | Coinread
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FIO ProtocolFIO#366

$0.19
-2.25% (-$0.004, 24H)
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  • Market Cap$67,453,667
  • Volume (24H)$5,685,118
  • Circulating Supply360,378,933
  • Max Supply1,000,000,000
  • High (24H)$0.20
  • Low (24H)$0.19
  • Change (1H)-0.30%
  • Change (7D)5.91%
  • Change (1M)-2.9%
  • Change (1Y)86.11%

The FIO Protocol (FIO) stands for the Foundation for Interwallet Operability. It is a decentralised blockchain project focused on making it easier to send and receive tokens and coins. The project's usability layer is designed to connect cryptocurrency wallets and exchanges, as well as dApps and third-party payment processors, making blockchain interactions simpler and more frictionless. Within the cryptocurrency industry there is concern that cross-wallet usability issues are thwarting mainstream adoption of cryptocurrencies. The FIO Protocol connects with dozens of FIO-enabled wallets and assigns each user with a FIO Address. A FIO Address acts as an overarching identifier for users, rendering public blockchain addresses null and void and enabling users to receive and request multiple cryptocurrencies and tokens from a single address. A growing number of companies and innovators are partnering with the FIO Protocol as 'integrators'. The FIO Protocol is geared towards dApp developers and blockchain-based businesses looking to eliminate errors in sending and receiving crypto, thereby improving the integrity and useability of their own core products. Well-known crypto wallets such as Coinomi, Infinito and Guarda are already supporting FIO's ongoing development.

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