An Interoperable Framework is a set of standards, protocols, and technologies that enable different systems, platforms, or blockchains to communicate and exchange information or assets seamlessly. This framework facilitates compatibility and data transfer across disparate networks. It addresses the challenge of isolated systems, promoting greater efficiency and broader utility. Achieving true interoperability is a significant technological goal.
Context
The development of an Interoperable Framework is a central theme in blockchain technology news, as various networks aim to connect and create a more cohesive digital asset ecosystem. Discussions often focus on cross-chain bridges, atomic swaps, and standardized communication protocols. Progress in this area is viewed as critical for the long-term scalability and mainstream adoption of decentralized applications and digital assets.
The CBMT consortium is moving commercial bank money onto DLT, establishing a compliant, multi-issuer rail for instant, programmable B2B settlement, boosting capital efficiency.
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