Creating a more interoperable blockchain future

Calls for interoperability began almost as soon as the second blockchain framework was built. Today, there are permissioned Blockchains (like The Linux Foundation’s Hyperledger Fabric) which are preferred for many enterprise solutions, public blockchains for cryptocurrencies, and emerging blockchain identity frameworks that hold great promise for streamlining transactions in nearly every industry.

In the world of enterprise blockchain, why should we make blockchain users choose only one framework when they can get the benefits of leveraging multiple frameworks?

Proud to announce our Tech Preview with Hedera Hashgraph, representing a step towards increased interoperability for enterprise blockchain networks looking for the transparency of the public but the privacy of permission networks.

What is the interoperability Tech Preview about?

The inventor of sliced bread didn’t invent slicing nor did they invent bread. Our Tech Preview is more of a use case on the importance and value of public consensus derived from the use of the Hedera Consensus Service working on a top Blockchain Platform built on top of Hyperledger Fabric for permissioned transaction processing. Combined, we are seeing clients take accountability, auditability, and trust to the next level.

For example, Standard Bank is looking at this public/private hybrid approach to ensure that all the banks in South Africa can participate in digital currencies with the additional benefit of giving regulators immutable proof of the data they require to ensure regulatory compliance while protecting user privacy. This architecture could be used to issue stablecoins, interact with central bank digital currencies, and improve efficiencies across financial services for both banks and their customers. All with interoperability top of mind.

Have More Questions!!

Email at: - sales@blockchaindevelopments.io

Connect with expert team: - https://bit.ly/2B32Az7

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