Published on May 17th, 2018 | by bitcoin0
Milestone for Blockchain Interoperability.Axoni,
Two of the most prominent startups in enterprise blockchain are teaming up to tackle the hard, but now seemingly inescapable problem of interoperability.
This marked the first time a derivatives contract has been originated on one enterprise blockchain and settled on another.
The milestone is important because interoperability is now emerging as a key design goal of distributed ledger technology (DLT).
Lessons from crypto
Stepping back, it’s fair to say blockchain interoperability is at the R&D stage.
Clearmatics’ contribution to the demo was Ion, an open source interoperability protocol, designed to perform atomic cross-chain transactions.