Fido: Five Architecture
Protocols That Make Us Undisruptable
The Fido Blockchain Architecture: How It Works
The Fido Blockchain Architecture has five layers: Layer Zero, One, Two, Three and Four
Layer Zero: Infrastructure Layer
Fido cubes are distributed parallel processing nodes that enables the network to scale indefinitely and provide the back-up needed for an undisrupted service. They also act as full nodes that generate gas for the protocol transactions.
Layer One: Network Layer
Layer Two: Protocol Layer
Layer two also includes gas which encourages redundancy to the network, such that the Fido protocol becomes undisruptable. The Fido cubes therefore provide additional layers of security on top of existing data centre networks around the world. Instead of SHA256 encryption, we are also basing the encryption on Iris technology. Your iris would be the key to log in instead of a private key, eliminating the need to worry for loss of funds.
Layer Three: Modules
Modules refer to smart contracts, multi-signature, e-identity, oracles, governance, off/on-chain computing, fungible/ non-fungible tokenization.
Users are free to write, create and execute secure smart contracts for token issuance. They need not know how to code in order to generate smart contracts as the interface layer is designed to be intuitive and user-friendly. Users can trade digital assets and raise funds off exchanges that are built on layers three and four. They are able to also create stable coins, wrapped tokens and other derivatives.