Making Crypto Products Easier So Anyone Can Use Them
The Foundation
The Foundation for Interwallet Operability is a industry consortia, consisting of leading wallets, exchanges, crypto payment processors, and various other entities and community members dedicated to the pursuit of blockchain usability through the FIO Protocol.
The Foundation is a Cayman-registered nonprofit, and includes a Board of Directors that consist of multiple industry leaders.
The Foundation intends to operate as a Decentralized Autonomous Consortia in the future, with many active members of the community contributing value to the project.
At this current stage, FIO is primarily supported by a single service provider – Dapix, which helped build the first version of the FIO Protocol. A full list of their employees is available on their website.
Vision and Values
The vision of FIO is to operate as a Decentralized Autonomous Consortia (DAC), guided by the community and blockchain ecosystem. We encourage everyone to participate in helping define the FIO Protocol and to provide feedback on how to improve blockchain usability. As a Foundation, we value:
* Openness and Transparency
* Diversity in Community
* Fairness
One Identity for all your Crypto
FIO ADDRESSES
FIO Addresses are a single identifier that eliminates the need to see, or even know about, blockchain public addresses. It’s simple to register, easy to use, and works with every token/coin automatically.
Don't just Send, Request
FIO REQUESTS
Stop asking people what you owe them – let them tell you. Enjoy in-app requests for funds, done in an encrypted and private manner – specify the type and amount and eliminate confusion for the sender
Transactions with Context
Attach standardized metadata to any crypto transaction, ranging from a simple note to structured data like an order card or invoice. Remember the “why” behind every transaction
Integrate the FIO Protocol
Make your users' lives easier by improving usability
Reduce Customer Service Issues
Eliminate mistakes in sending and receiving crypto and focus on your core product
Create New Experiences
Don't be limited to hard-to-use user flows - automate the pain away
Support Blockchain Usability
The FIO Protocol is designed to serve the entire blockchain ecosystem, join the cause!
The Fuel of Usability
The FIO Protocol runs on its own dPoS blockchain – the FIO Chain. As the internal economic driver, the FIO Token is utilized to pay for all fees necessary to write data to the chain.
While the FIO Token is necessary to utilize the FIO Protocol – users do not need to directly obtain the token, as the FIO Protocol is designed for the ability to accept indirect payments. Users can potentially pay for their FIO Protocol usage through intermediaries, including through the Foundation itself, and through using various other popular cryptocurrencies.
FIO-enabled products may also choose to pay in part, or in whole, the cost of a FIO Address registration/renewal. Please check with your provider for specifics on their implementation.