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FIO welcomes Infinito as Asian crypto projects address blockchain usability

Infinito Wallet, the multi-asset universal wallet with 60,000 monthly active users, has joined the Foundation for Interwallet Operability (FIO) together with Midas Protocol, AlphaWallet, Math Wallet, AtomicPay and Bitpie. Members of FIO provide input and guidance on its development and are all working towards integration of the decentralized service layer into their products.

FIO aims to transform the usability of wallets, exchanges and cryptocurrency payment processors with a self-sovereign, decentralized, open-source blockchain protocol providing an enhanced layer of connectivity and usability features, making cryptocurrency payments on any blockchain as easy as using a mainstream service such as PayPal or Venmo to enable greater adoption.

“We’re so pleased to welcome Infinito as a full member of FIO. Their ongoing commitment to develop and implement UI/UX improvements is a goal mirrored by all of our members, and we’re looking forward to leveraging their expertise in security tokens, having launched the world’s first KYC-enabled security token wallet last year,” said David Gold, the founder and CEO of Dapix, the team behind the protocol’s development. “Solving usability issues in order to drive cryptocurrency adoption is a global rather than a local problem, and our expansion into Asia is another important milestone on our journey to solving it.”

“We are very excited to be a part of the Foundation for Interwallet Operability. This is a valuable opportunity to address and solve cross-wallet usability issues that plague the industry,” said Jack Nguyen, CEO of Infinito. “As a universal wallet, we fulfill the needs of users to have a convenient solution to secure and use blockchain innovations such as cryptocurrencies and decentralized applications. Through this partnership with FIO, users will soon be able to transact their crypto funds from any blockchain on any wallet or exchange easily and error-free. Both Infinito and FIO firmly believe that this is a crucial step to make blockchain mass adoption a reality.”

Infinito, and the team behind the Infinito Wallet, is a leading blockchain technology house from Singapore with more than 300 experts. Their team helps businesses of all sizes realize the value of blockchain through an ecosystem of products and services that allows for the seamless implementation, development, and management of blockchain applications.

Infinito joins the ranks of other leading wallets and exchanges involved in the foundation, including ShapeShift.io, KeepKey, Coinomi, MyCrypto, BRD.com, Edge, Mycelium and Trust Wallet, the official mobile wallet of Binance.

The FIO Protocol is a new interwallet operability protocol that removes the risk, complexity, and inconvenience of sending and receiving tokens and coins. It will offer a standardized set of open source APIs and SDKs that can be globally adopted and integrated into any wallet or exchange seamlessly.

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