DENVER, CO — 16 July 2019: Bitcoin.com wallet, the official wallet of Bitcoin.com, has joined the Foundation for Interwallet Operability (FIO) in a move that will assist the wave of new users who are expected to join cryptocurrency markets as a result of June’s recent coin and token price increase.
As the newest member of the FIO, Bitcoin.com wallet joins a consortium of 23 other leading 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 service layer that enables several major usability features across any blockchain, token or coin.
This includes functionality that puts an end to the need for a 64-character gibberish alphanumeric string to transfer crypto, integrated request for payment workflow that virtually eliminates errors when sending crypto and standardized metadata that provides context for the purpose of a transaction.
Future roadmap items include subscription billing, multi-signature routing for security and cross-wallet data visibility.
“Crypto usability is still one of the biggest challenges the industry has to solve and our new relationship with the FIO is all about trying to find a solution to this big issue, ” said Stefan Rust, Global Head of Business Development of Bitcoin.com.
“With prices rising once again, we’re likely to see more and more new entrants everyday. Therefore, we should be trying to ensure crypto is as easy as possible to use, which is why we have joined this consortium of leading companies already involved in the FIO.”
One of the main attacks that the FIO Protocol can help deflect is a keylogger attack,