Interoperability

Interoperability refers to the ability of different blockchain networks to communicate, transfer data, and exchange value with one another seamlessly. This interaction is crucial for enabling functionalities like cross-chain transactions, where assets from one blockchain can be used or traded on another. The goal is to create an ecosystem where decentralized applications (dApps) can operate across multiple blockchains, enhancing scalability, reducing fragmentation, and fostering innovation.
Interoperability aims to solve issues like liquidity fragmentation, improve user experience by allowing asset movement across chains, and support the broader adoption of blockchain technologies.