FIO


Also found in: Financial, Acronyms.

FIO

(1) See Future I/O.

(2) (Foundation for Interwallet Operability) Pronounced "fee-oh," the FIO was founded in 2018 to provide a human-readable alternative to using long alphanumeric blockchain addresses for cryptocurrency transactions. A FIO address is a username and domain similar to email. For example, "patjones@coinomi" could be a valid FIO address, and crypto could be sent to patjones@coinomi instead of a cryptographic-created public address that contains up to 34 alphanumeric characters. See Bitcoin address.

Any crypto processing component such as a wallet, exchange or application can use the FIO protocol and FIO names. The name is actually meta-data that can be attached to any transaction on any blockchain. FIO requests are fully encrypted and do not interfere with blockchain transactions.

The FIO Chain
The FIO protocol runs on its own blockchain and has its own token. FIO-enabled products purchase the tokens to pay the fees that support the protocol. See crypto glossary and blockchain.
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References in classic literature ?
Vespasian in a jest, sitting upon the stool; Ut puto deus fio. Galba with a sentence; Feri, si ex re sit populi Romani; holding forth his neck.
They were first endorsed to the anti-graft body in 2009 but the FIO terminated its fact-finding investigation only in 2014 when it filed its complaint with the Ombudsman in the Visayas.
He said the Federal Insurance Ombudsman (FIO) had a very important role towards the protection of customers of Insurance Industry from losses.
The FIO has recommended that criminal and administrative charges for violation of Section 3(e) and (g) of R.A.
Prior to his appointment as FIO director, McRaith served more than six years as director of the Illinois Department of Insurance.
27, 2018) Data center racks and equipment are removed from USS Carter Hall (LSD 50) as part of a Consolidated Afloat Networks and Enterprise Services (CANES) refresh performed by Space and Naval Warfare Systems Center (SSC) Atlantic Fleet Readiness Directorate Installation Office Atlantic (FIO) at General Dynamics NASSCO-Norfolk shipyard.
On the occasion, FIO also presented the annual report 2016-2017 of his organisation, said a press release.The president emphasised that it was the foremost priority of the government to resolve public issues.
PCI strongly supports provisions of the CHOICE Act that: (1) subject the Financial Stability Oversight Council's (FSOC) funding to the appropriations process, and reforming FSOC's authority to designate firms as systemically important financial institutions; (2) requiring greater transparency in the federal agencies participating in international insurance standard-setting negotiations; and (3) clarifying priorities of the Federal Insurance Office (FIO) and requiring it to consult with state regulators (as part of the restructuring of FIO and FSOC's Independent Member with Insurance Expertise).
The FIO, a US Department of Treasury arm, was created by the 2010 Dodd Frank financial reform law to monitor insurance markets and inform Congress of developments.
The deal, a "covered agreement" negotiated under the authority the FIO, calls for that agency to encourage each U.S.
"This report highlights the unnecessary bureaucracy that the FIO represents.