Currently, there are many blockchain platforms available, but they cannot communicate with each other and this can be a limiting factor in the growth of a blockchain-based global business ecosystem. It is envisaged that many blockchain networks will operate in the business world for specific needs, but it is important that they are able to communicate with each other. There should be a common set of standards that all blockchains can follow in order to allow communication between different ledgers. It is expected that a protocol will be developed that will allow the exchange of information between many fabrics.
Interoperability
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