How do different blockchain technologies handle interoperability?

Different blockchain technologies handle interoperability in various ways. One common approach is through the use of smart contracts, which allow different blockchains to communicate with each other. Smart contracts act as bridges between different blockchain networks, enabling the exchange of data and assets between them. Another method involves the creation of specialized protocols and standards that define how blockchains can interact with each other. These protocols establish a common language across various blockchain platforms, ensuring compatibility and interoperability. Additionally, some blockchain projects focus on building dedicated interoperability layers or platforms that facilitate seamless communication between different blockchains. These solutions aim to overcome the challenges of interoperability and enable greater connectivity and collaboration among diverse blockchain networks.

This mind map was published on 9 September 2023 and has been viewed 99 times.