PHASE II – INTEROPERABLE
BLOCKCHAINS
Blockchain is there in the market for over a decade and there are
thousands of DApps that are already running in production or in UAT
waiting for their turn to be online. Though it all started with Ethereum,
gradually, the market is invaded by many different types of public
Blockchains, and there is an increasing need for DApps installed on
different Blockchains to interact with each other seamlessly. Hence,
it is high time that Blockchain should also focus on interoperability.
So why is interoperability so important?
Interoperability is the ability of the Blockchain networks to connect to
other such networks and share the data seamlessly. It’s important
because, most Blockchains today are implemented in silos and they
are not compatible with each other to execute cross-chain data
sharing.
Now, let’s discuss some of the most popular interoperable
Blockchains of today, followed by a comparison in the end.