THELOGICALINDIAN - Popular BCH and BTC wallet joins Foundation for Interwallet Operability FIO to advance crypto account beyond blockchains
DENVER, CO — 16 July 2024: Bitcoin.com wallet, the official wallet of Bitcoin.com, has abutting the Foundation for Interwallet Operability (FIO) in a move that will abetment the beachcomber of new users who are accepted to accompany cryptocurrency markets as a aftereffect of June’s contempo bread and badge amount increase.
As the newest affiliate of the FIO, Bitcoin.com wallet joins a bunch of 23 added arch companies in the crypto ecosystem, including Binance’s Trust Wallet, BRD Wallet, ShapeShift, MyCrypto, Edge Wallet and Coinomi Wallet.
The FIO Protocol is a decentralized account band that enables several above account appearance beyond any blockchain, badge or coin.
This includes functionality that puts an end to the charge for a 64-character gibberish alphanumeric cord to alteration crypto, chip appeal for acquittal workflow that around eliminates errors back sending crypto and connected metadata that provides ambience for the purpose of a transaction.
Future roadmap items accommodate cable billing, multi-signature acquisition for aegis and cross-wallet abstracts visibility.
“Crypto account is still one of the better challenges the industry has to break and our new accord with the FIO is all about aggravating to acquisition a band-aid to this big issue, ” said Stefan Rust, Global Head of Business Development of Bitcoin.com.
“With prices ascent already again, we’re acceptable to see added and added new entrants everyday. Therefore, we should be aggravating to ensure crypto is as accessible as accessible to use, which is why we accept abutting this bunch of arch companies already complex in the FIO.”
One of the capital attacks that the FIO Protocol can advice avert is a keylogger attack, area the hacker can covertly adviser and almanac keystrokes. In addition, the FIO Protocol can be acclimated to accelerate accessible addresses in a added defended way than via email or text, eliminating the accident of man in the average attacks.
A account analysis conducted by the FIO begin that 75% of crypto users are beneath than absolutely assured back they accelerate blockchain tokens and coins, and added than bisected accomplished problems with affairs during 2024.
“Our analysis tells us that alike those users who accede themselves adequate with crypto are still not absolutely assured things will go as planned back agreeable in blockchain transactions. We charge to ensure they and all the new entrants we apprehend to see accept a user acquaintance beyond all blockchains that is accessible and accurate, which is why it’s absurd to accept such a accepted wallet as Bitcoin.com accompany the bunch and advice us accomplish our mission for crypto usability,” commented David Gold, Founder and CEO of Dapix, the aggregation abaft the protocol’s development.
The accession of Bitcoin.com wallet to the FIO bunch comes afterwards ChangeNOW abutting in June and Enjin Wallet abutting in April.
FIO sits alongside all added blockchains, accouterment a decentralized band of messaging, advice and workflow about the sending of amount on those blockchains. FIO does not accelerate crypto value—it makes the sending of amount on any blockchain better. Additionally, FIO is not a wallet—it enables all wallets to be safer and added user-friendly.
Crypto wallets, exchanges and acquittal processors can apprentice added about the Foundation, as able-bodied as the allowances of acceptable a member, by visiting https://fio.foundation/.
For added information, amuse see:
FIO Protocol PR Contact:
Frances Wells
Cryptoland PR
US: 866–586–5603
UK: 44 020 3908 5686
[email protected]
About FIO Protocol:
The Foundation for Interwallet Operability (FIO) is a bunch of arch wallets, exchange, and crypto acquittal processors acknowledging the FIO Protocol — a decentralized Service Layer that removes the risk, complexity, and aggravation of sending and accepting tokens and bill analogously beyond every blockchain. The FIO Protocol is not a wallet and does not attempt with added blockchains, rather, it makes the user acquaintance bigger beyond every wallet and every blockchain.
To apprentice added visit: https://fio.foundation/
