Interoperability Between Blockchains is a Real Necessity
How many blockchains are there?
It will really be a GREAT BLOCKCHAINS SWARM, which, by force majeure must be interconnected. There is no other option.
The interoperability between Blockchains is a real necessity, an operating system that allows the exchange of data between platforms, Business Systems and Applications is necessary.
Companies and Developers need to maximize the potential of all existing Blockchain platforms and overcome the problems of scalability, resistance and patented blocking. Even the interconnection with No-Blockchain platforms is necessary.
Remember how the Internet was before the creation of TCP / IP?
We are living that same phenomenon with the Blockchain era.
For digital accounting books and decentralized applications to be successful on a global scale, greater ease of adoption and non-patented technology that can communicate, exchange and replicate data in multiple accounting books is necessary.
In this way we will have the new era of the Internet, a universal network that can rely on peer transactions backed by the security and transparency provided by Blockchain technology.
This time has arrived and is a reality. There is a company that is already distributing this technology. In my next installment I will tell you about more details.
@juanmolina
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Hi @juanmolina, great article.
You are very right in this approach, it is not only about the existing blockchain, but those that are in the formation project, a whole madness towards the future brother, madness that is changing the world.
You have probably heard of BLOCKNET ? Or not?
Not precisely BLOCKNET.
In fact I am very excited with another proposal that I am studying and which I will be talking about in my next post.
Your mention of the state of the Internet before TCP/IP seems very correct to me when compared to the current situation of the different blockchains.
We are seeing a boom in blockchains and although the best known by the general public are usually those of greater antiquity, new proposals and implementations of this technology are constantly appearing. If we continue as we go this will be a "Tower of Babel" and it will be impossible to work.
The unification of protocols is imminent
There are several projects working on interoperability already. Ark, Komodo, Cosmos and Loom just to name a few.
Correct brother!
Thank you for the complement, but another project caught my attention. I think they will master this issue.
In fact, on Tuesday 12-03-2019 they held a Fin Tech Connect conference in London, where representatives of the largest banks in Europe participated. They also have support from Oracle, Aws and Nvidia among others. You should include QNT to your crypto portfolio.
This will soon launch up to the moon
Your Friend, Juan.
That certainly looks interesting! Thanks for the recommendation
Dear @juanmolina
sorry for such a late comment. I only now had a chance to read your older publication.
Don't you have an impression, that few years ahead there will be only very few blockchains out there?
Look at old days - everyone had email on different provider, websites has been very different from each other, there were tons of different chats and social media sites.
Few years later - only few giants really matter. With blockchain we will probably end up having similar situation. Out of those thousands only several will actually matter and rest will have no traction. No engagement. No users. No transactions.
Enjoy monday :) Upvote on the way ...
Yours, Piotr
This is a very valid point.
The comparison you make with email companies is very interesting, perhaps a similar phenomenon occurs with blockchain, although we must remember that blockchain has a unique and disruptive character that may not behave like its predecessors of the classic internet.
A hypothetical monopolization of the new era of Internet with Web 3.0 and all crypto technology would be subject to other investment standards due to its fully distributed nature.
Time will tell.