Why interoperability is the key to blockchain technology’s mass adoption
Cointelegraph
Published Aug 28, 2022 05:03PM ET
Updated Aug 28, 2022 06:40PM ET
Every year, we see new blockchain networks being developed to tackle specific niches within certain industries, each blockchain having specialized functions based on its purpose. For example, layer-2 scaling solutions like Polygon are built to have ultra-low transaction fees and fast settlement times.
The increase in the number of new blockchain networks is also a result of the recognition that there is no one perfect solution that will be able to meet all of the needs associated with blockchain technology all at once. Therefore, as more organizations become aware of this rising technology and its capabilities, the interconnection of these unique blockchains is becoming necessary.
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Written By: Cointelegraph
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