About

The FIO Protocol is a Layer 1 blockchain built as a usability solution for the entire blockchain ecosystem. It sits beside and works with all other blockchains to securely facilitate workflow, confirmation, and other data between any and all blockchain/crypto user applications in a decentralized and self sovereign manner.

FIO Protocol augments blockchain interactions to enable usability features like human-readable wallet names (e.g. jane@smith), decentralized payment requests (e.g. for invoicing, order carts, etc.), cross-chain metadata (e.g. to note invoice ID, order #, etc.), and NFT forgery prevention. It can be integrated into any wallet, exchange, payment processor, NFT marketplace, or staking platform.

History

FIO Protocol Mainnet launched as an open-source Delegated Proof-of-Stake (dPoS) blockchain in March 2020. Since launch, over forty wallets, exchanges, payment processors, and NFT marketplaces have committed to integrating FIO Protocol, with most integrations already live.

This ecosystem expansion has produced the registration of 550k+ FIO Crypto Handles, as well as the enablement of FIO Protocol functionality across more than 12k eCommerce sites.

FIO Protocol is facilitated by the Foundation for Interwallet Operability (FIO), which was founded in 2019 as a non-profit industry consortium dedicated to enabling better blockchain usability. The Foundation for Interwallet Operability (FIO) operates as a Decentralized Autonomous Consortia (DAC), with FIO Protocol developments guided by input and collaboration from the FIO community and approved by FIO Block Producers.