'The FIDO (Fast IDentity Online) Alliance is a 501(c)6 non-profit organization nominally formed in July 2012 to address the lack of interoperability among strong authentication devices as well as the problems users face with creating and remembering multiple usernames and passwords. The FIDO Alliance plans to change the nature of authentication by developing specifications that define an open, scalable, interoperable set of mechanisms that supplant reliance on passwords to securely authenticate users of online services. This new standard for security devices and browser plugins will allow any website or cloud application to interface with a broad variety of existing and future FIDO-en'
FIDO is much more secure than regular passwords
Provides Two Factor Authentication
Keeps a secret that is unique for each user at each website
Most secret values are stored in hardware that cannot be accessed
FIDO can be used for account logins on the internet or intranet
FIDO can be used for web or in applications
FIDO can be used to confirm actions like transactions or user agreements