Main page News, Fintech, Tech, Blockchain

Crypto developer of the mobile cryptocurrency and blockchain asset wallet, Enjon, has announced a continued effort to make using crypto and blockchain technology as easy as possible by joining the Foundation for Interwallet Operability (FIO), a move expected to boost the usability of both cryptocurrencies and fungible/non-fungible tokens.

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.

Chief Executive Officer of Enjin, Maxim Blagov, says normalizing the use of human-readable addresses is “paramount to achieving long-term, mass adoption of blockchain.”

“We are proud to work alongside FIO to push for mainstream accessibility of this technology and work toward a decentralized future that everyone can partake in with zero learning curve. The FIO Protocol is an essential tool to make this happen,” he added.

Earlier, South Korean multinational conglomerate Samsung entered into a partnership with crypto-wallet & gaming platform Enjin Coin (ENJ) to bring Keystore features.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.