What does "blockchain interoperability" mean? 🔊
"Blockchain interoperability" refers to the ability of different blockchains to communicate with each other, enabling seamless data and asset exchange. This concept is essential for enhancing decentralized applications and ensuring that disparate blockchain networks can work together without intermediary entities. Interoperability facilitates greater liquidity, diverse asset utilization, and broader adoption of blockchain technologies across sectors. It is critical for creating integrated ecosystems that leverage the strengths of multiple blockchain platforms.
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