Blockchain Interoperability Hits the Right Note for Crypto Payments
As the news Thursday (Jan. 9) that FV Bank is expanding its stablecoin capabilities via a partnership with PayPal underscores, businesses need a blockchain strategy.
The problem? At a technical and business level, certain blockchain applications remain cramped by interoperability.
At their core, blockchain payments like stablecoins are built on intricate systems composed of various layers, from the underlying distributed ledger technologies to smart contracts, APIs and user-facing applications.
Each component has specific dependencies, and ensuring they work together smoothly can pose a challenge. Complicating matters, blockchains themselves often operate in silos, adhering to protocols that are unique to a particular…
