Market Cap
$0
Fully Diluted Valuation
$60,981.0
24 Hour Trading Vol
$0
Circulating Supply
0
Total Supply
10,000,000,000.0
Max Supply
10,000,000,000.0
FIDO Price
$0.00000610
24h Range
$undefined - $undefined
Percent Change 1h
0%
Percent Change 24h
0%
Percent Change 7d
4.85%
All-time high
$0
All-time low
$0
1D
7D
1M
1Y
All
FIDO, which stands for Fast IDentity Online, is an open standard developed to enhance online authentication security while improving user experience. Launched in 2013, FIDO aims to reduce reliance on passwords, which are often vulnerable to theft and misuse. The FIDO Alliance, a consortium of industry leaders, created protocols for secure, passwordless authentication methods using biometrics, hardware tokens, and other technologies. These protocols, including FIDO U2F (Universal 2nd Factor) and FIDO2, enable users to authenticate using their devices in a secure manner, making online systems more resilient to phishing and account takeovers.
The FIDO Alliance was founded by a group of technology companies in July 2012. Key founding members include:
Since its inception, the alliance has grown to include over 300 organizations, including security firms, hardware manufacturers, and software developers, all working collaboratively to enhance online security standards.
FIDO operates on a public key cryptography system that eliminates the need for shared secrets like passwords. Here’s a simplified overview of how it works:
This process ensures that sensitive information, such as passwords, is never transmitted or stored, significantly enhancing security.
FIDO has a wide range of applications across different sectors. Here are some of the top use cases:
Maintaining the security of FIDO authentication methods is crucial. Here are important practices to keep FIDO secure:
Investing in FIDO (FIDO) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy FIDO: Once your account is funded, you can purchase FIDO directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in FIDO using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
FIDO (FIDO) is currently trading at $0.00000610 and exhibits good potential for future growth. Check the latest FIDO (FIDO) price prediction.
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