![I/o digital foundation](/api/images/company-pic/0-1806044-company.jpg)
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I/O Digital is an ongoing open source blockchain ecosystem project currently being developed by a team of blockchain and security experts. In July 2014 I/O Digital launched I/O Coin (IOC) without any Initial Coin Offering (ICO) or pre-mine. IOC was a fair launched via mining, using a sophisticated cryptographic hash in Proof of Work (POW) X11 algorithm, before switching to Proof of Stake (POS I/O) to secure the blockchain. IOC has focus on security, global adoption and scalability.
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