Cypherium Wallet Partners with FIO Protocol
FIO Protocol has teamed up with Cypherium to integrate FIO Send into its wallet.
Cypherium is a layer 1 blockchain protocol designed to offer financial inclusion for its users whilst delivering operational efficiencies for its enterprise and institutional partners. Using a hybrid consensus mechanism, the Cypherium blockchain is designed to achieve commercial viability while preserving the characteristics of decentralization and DLT.
Cypherium’s approach to creating financial inclusion between civilians, banks, governments, and enterprises begins with its Digital Currency Interoperability Framework. The DCIF is Cypherium’s proprietary architecture for allowing any asset, including CBDCs, stable coins, and digital assets, to be received or distributed on-chain or cross-ledger. Integrating FIO Send into Cypherium’s wallet is another great step in creating a simplified experience for their enterprise users when sending cryptocurrency or making payments.
The integration of FIO Send will give users the ability to easily send cryptocurrency from Cypherium’s wallet to a FIO-enabled wallet using a FIO Crypto Handle 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 vulnerable to errors and other exploits with a simple, human-readable address known as a FIO Crypto Handle.
ABOUT Cypherium Wallet
Cypherium is a layer 1 blockchain protocol designed to offer financial inclusion for its users whilst delivering operational efficiencies for its enterprise and institutional partners.
ABOUT FIO
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, and uses human-readable Crypto Handles to replace the complexity, risk, and inconvenience that comes with blockchain-based transactions using public addresses.
RESOURCES
Medium
