Numio Enables High Speed Cryptocurrency Transactions via Mobile App The number of individuals using cryptocurrency to pay for goods and services via mobile computing applications might soon be increasing as simultaneously the cost of making these transactions decline and the speed at which they are made improves. Numio, a provider of a mobile application that enables individuals to access the Ethereum exchange for transferring cryptocurrency, will soon add support for Layer 2 cryptocurrency protocol. When added to a blockchain platform, the protocol increases throughput without impacting the immutable nature of a transaction. Support for an instance of Layer 2 cryptocurrency protocol will provide the foundation for everything from being able to pool transactions to making it possible to buy things at a store using the Numio mobile application, says Numio CTO Tim Allard. The protocol being employed by Numio was developed by zkSync to enable transactions made using the Ethereum blockchain platform to occur in near real time and are 100 times less expensive than they are today, notes Allard.