SWFT Partners with FIO Protocol

Published on: 07.09.2022
SWFT Partners with FIO Protocol

This integration will allow users to effortlessly send any cryptocurrency. In a process as easy and simple as sending an email.

The SWFT AllChain Bridge is an extreme advance swap protocol that combines the use of artificial intelligence (AI). Machine learning and big data to enable direct swaps between over 300 cryptocurrencies in over 20 different blockchains. Doing so at incomparable rates, in lightning speeds and with extremely low fees.

Another exciting feature is SWFT Pay, which allows users to send or request payments in hundreds of cryptocurrencies. Its instantly without having to worry about wallet addresses. Similar to how FIO requests work.

Offers a mobile wallet with both custodial and non-custodial (decentralized) storage options. The SWFT Blockchain seems to be the go-to protocol for cross-chain swaps between DeFi and CeFi currencies, stablecoins, and more.

What is FIO Send?

FIO Send is an integration that will give users the ability to easily withdraw and send any cryptocurrency without the stress of copying and pasting long string public addresses that users of this and other wallets are accustomed to having to use. FIO Send replaces that long string public address that is vulnerable to errors and other exploits with a simple, human-readable address known as a FIO Crypto Handle. The long string public key address is replaced with the FIO Crypto Handle in the format of username@domain or, for example, janedoe@swft.

No longer will users have to worry about mistyping a character or any type of hack or exploit that alters the address where the user is trying to send funds. Adding FIO Send to the SWFT blockchain gives its users an even more accessible and seamless experience when withdrawing and sending any cryptocurrency. Making an already revolutionary wallet even more user friendly.

Integration of FIO Send to SWFT is another step toward easing daily operations with crypto.

ABOUT FIO Protocol

FIO, the Foundation for Interwallet Operability, is a decentralized consortium of blockchain organizations and community members supporting the ongoing development, integration, and promotion of the FIO Protocol. The protocol is an open-source, decentralized usability layer solution that works across all blockchains. It also uses human-readable Crypto Handles to replace the complexity, risk, and inconvenience that comes with blockchain-based transactions using public addresses.

ABOUT SWFT 

SWFT Blockchain’s technology combines blockchain, machine learning and big data to enable direct swaps between over 300 cryptocurrencies and counting. Offering a fast, affordable, and secure experience. SWFT Blockchain’s protocol allows users to swap cryptocurrencies at the best rates, in record speeds and with low fees. SWFT Blockchain is currently the go-to protocol for cross-chain swaps between DeFi and CeFi currencies, stablecoins, and more.

Website | Twitter

RESOURCES

FIO Protocol

REQUEST AN ARTICLE

Tags:
Market Stats:
BTC Dominance: 56.69%(-0.66%/24h)
ETH Dominance: 12.33%(+0.22%/24h)
Defi Market Cap: $114.78B(+15.08%/24h)
Total Market Cap: $3258.09B(-1.38%/24h)
Total Trading Volume 24h: $163.57B(+20.64%/24h)
ETH Market Cap: $401.8B
Defi to ETH Ratio: 28.57%
Defi Dominance: 3.37%
Altcoin Market Cap: $1411.23B
Altcoin Volume 24h: $102.66B
Total Cryptocurrencies: 32959
Active Cryptocurrencies: 10466
Active Market Pairs: 95166
Active Exchanges: 771
Total Exchanges: 9803
BTC: 93273.52$(-0.56%/1H)
ETH: 3328.56$(-0.84%/1H)
AVAX: 36.8$(-0.34%/1H)
BNB: 680.93$(-0.01%/1H)
MATIC: 0.48$(0.64%/1H)
FTM: 0.97$(-0.02%/1H)
ADA: 0.88$(-0.05%/1H)
DOT: 7$(-0.26%/1H)
UNI: 13.65$(-0.43%/1H)
CAKE: 2.4$(0.85%/1H)
SUSHI: 1.44$(-0.14%/1H)
ONE: 0.03$(1.28%/1H)