Alexander Kuzmin, founding father of Mycelium, stated: “Joining FIO and supporting the FIO Protocol makes complete sense because we believe it will be an important milestone in the wider adoption of cryptocurrencies.”
FIO’s decentralised, open-source blockchain protocol – being constructed by Dapix, which is working at revolutionising blockchain usability – is hoping to ship an enhanced layer of usability options for current and future wallets and exchanges.
On the FIO web site, Erik Voorhees, founder and CEO of ShapeShift, stated: “Crypto payments must improve if this technology is going to expand. FIO’s approach – decentralised, cross-chain, and with financial incentives to adopt – is exciting and we’re thrilled to support it.”
The FIO Protocol will start by specializing in three major areas of performance:
FIO Addresses – human readable pockets addresses, which work with all tokens or cash or trade help,
FIO Workflow – nearly error-free in pockets fee request initiated transactions, and
FIO Data – the capability to embrace non-public metadata on ship and obtain transactions throughout any blockchain.
Speaking of FIO’s potential, David Gold, the founder and CEO of Dapix, stated: “By making it user-friendly to move tokens around, the FIO Protocol will be a driving force behind cryptocurrency adoption for more than just alternative investment and we look forward to more key players joining us in 2019.”