Country for PR: China
Contributor: PR Newswire Asia (China)
Friday, December 13 2019 - 19:55
AsiaNet
FiO Fixes Wine, Gaming and Fitness Industry Pain Points
TAIPEI, Dec. 13, 2019/PRNewswire-AsiaNet/--

Innovative SaaS platform FiO is expected to release details on how its 
blockchain-onboarding service solves long-existing problems in wine provenance, 
online gaming and fitness tracking next week. 

FiO merges the latest blockchain technology and GPG encryption with existing 
ledger software to create easy-to-use decentralized solutions for conventional 
businesses.

The company's FiO software boasts a conventional form factor and simple 
templates to create a painless experience for non-technical users. Only 3 
simple onboarding steps are required: user registration, service selection and 
finally, a connection to their API. 

FiO's "plug & play" technology aims to fix inherent issues that have long 
plagued traditional industries. For example, with counterfeit wines a 
multi-billion dollar problem ( 
https://www.forbes.com/sites/joemicallef/2018/12/01/whats-in-your-cellar-counterfeit-wines-are-a-multi-billion-dollar-problem/#6af854001c83), 
FiO enables a reliable and immutable traceability platform for wine products as 
they make their way from the vineyard to the consumer. 

Through FiO's simple blockchain tool, users can create a robust decentralized 
ledger and shareable digital certification pertaining to a wine's appellation, 
winemaker, vintage year and shipping and storage. This enhanced ability to 
record the production, obtaining and selling of wine should foster greater 
trust between producers, distributors, resellers and collectors. 

In recent years the fitness industry has seen a boom in wearable, biometric 
devices that track the end-user's fitness regime and health vitals. FiO allows 
fitness gyms to integrate AI-enhanced features without compromising customer 
privacy. Gym users can consolidate their health and fitness training data from 
wearables, equipment and even medical service providers in one location, import 
token economy items and connect with social fitness influencers and networks.

The gaming industry, currently worth $150 billion per year, is predicted to 
double in value by 2022, with an increasing demand for B2B game development 
solutions that build and manage in-game item economies. 

Until now, players could only trade and sell their virtual items directly or on 
third-party websites, with little protection against fraud, hacking and theft.

With FiO, game developers can now facilitate the easy and secure transfer of 
in-game items and rewards between players through their existing wallets. This 
increased functionality and fungibility of gaming rewards through blockchain 
will likely attract new players to the industry.

FiO made it clear that its platform is highly flexible and its benefits can be 
applied to nearly any conventional businesses. The company, currently in its 
final fundraising round, welcomes interested parties to get in touch. 

www.FiO.one 
Telegram: t.me/FiOapp 

Olivia
+886-989683963
Olivia@fio.one 

SOURCE  FiO
Translations

Japanese