FIO Protocol FIO White Paper

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Hello and welcome to this blog post about FIO Protocol FIO White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the FIO Protocol FIO white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the FIO Protocol FIO.

I can ensue you that, you will be able to understand every bits and pieces related to FIO Protocol FIO after going through the FIO Protocol FIO white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

FIO Protocol FIO White Paper

FIO Protocol FIO white paper will be going to provide you, all the information that is needed to get started with FIO Protocol FIO, including the inspiration for creating, the problem it is trying to solve and the solution proposed by FIO Protocol FIO.

Abstract

Interwallet Operability Protocol (IOP) is a decentralized public blockchain, which acts as a service layer to native blockchains and aims to improve wallet usability. It is not an intermediary to transactions on those blockchains and offers its users privacy and security. Its incentive structure ensures the viability of the network and accelerates adoption among wallets and exchanges. Key elements of IOP are

1) Wallet addresses – human-meaningful identifiers on IOP, which can be used for sending or requesting funds and which do not publicly map to user’s public address on other blockchains;

2) Request for Payment – error-free and secure ability to request funds from another wallet using Wallet address;

3) Metadata – ability to attach metadata to any blockchain transaction.

White Paper Link: FIO Protocol FIO White Paper

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