Nowadays, every crypto-currency trader has been worried about sending money from one purse to another. You first copy a long string of letters and numbers, then double-check the address to not accidentally send money to a stranger. IOV offers a new solution.

“One of the main problems associated with the massive introduction of the use of crypto currency is the complex nature of making token transactions ,” says Isabella Dell, founder and technical director of IOV (Internet of Value). “When it comes to actual end-users, the blockchain platform can not solve this problem with users, especially with regard to purse addresses.”

A new step in the transactions of crypto currency

IOV created a blockchain application for name binding (BNS), which will allow users to enter their public keys and register the address, and it is already changing for normal human perception.

For example, the system changes: 28fh17fvY9Co2kja9fl24DbFX57j803gw5

And the result is: john * iov.value

These new Addresses will be shorter and easier to manage for people who are superficially familiar with the Crypto Currency, as they resemble email addresses with which they have long been familiar.

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