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The current state of interoperability between blockchain networks
Nikolaos Kostopoulos (Kostopoulos, N.); Konstantinos Sekaras (Sekaras, K.); Nicolas Sarafidis (Sarafidis, N.); Ioannis Vlachogeorgakopoulos (Vlachogeorgakopoulos, I.); Alexi Anania (Anania, A.); Wendy Charles (Charles, W.); Catarina Ferreira da Silva (Ferreira da Silva, C.); Amit Joshi (Joshi, A.); Urko Larrañaga (Larrañaga, U.); Jim Mason (Mason, J.); Inigo More (More, I.); Daniel Szego (Szego, D.); Ingrid Vasiliu-Feltes (Vasiliu-Feltes, I.); et al.
Journal/Book/Other Title
European Commission - Blockchain Observatory and Forum
Year (definitive publication)
2023
Language
English
Country
Belgium
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(Last checked: 2026-07-10 21:37)

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Abstract
This report discusses the potential of blockchain interoperability and its challenges. The blockchain was not designed with built-in interoperability capabilities, a challenge that emerged only when users defined specific needs for connections. The success of blockchain technology produced the emergence of many chains, creating a general use case for interoperability. In fact, it could be also considered a necessity, as otherwise any investment or asset in a blockchain will be subject to unbearable risks such as potential vendor lock-in. From this point of view, interoperability is also a condition for further development of the user base of this technology.
Acknowledgements
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Keywords
Blockchain interoperability
Publication Identifiers
ci-pub-98938
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Digital