NEO, the open-source blockchain for the smart economy, has demonstrated its strategic cooperation with the Foundation for Interwallet Operability (FIO). This partnership is intended to integrate the FIO protocol into the NEO X ECO system, making users a simpler and more intuitive experience.
The FIO protocol is a blockchain platform that unites various cryptocurrencies and offers users useful tools to communicate with it. The FIO handle is the central part of the protocol, a human-readable identification with which users can map all their wallet addresses. These addresses can be assigned to a simple and adjustable name.
The integration of Fio in Neo X eliminates the need for complex wallets. With this synergy it aims to increase convenience while building trust and simplifying blockchain transactions. With the Alliance, NEO X users can register and manage their own FIO handles in the near future. With FIO handles, users will manage the sending, receiving and signing transactions.
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