What is blockchain interoperability, and why is it important? 🔊
Blockchain interoperability refers to the ability of different blockchain networks to communicate and exchange data seamlessly. This capability is essential for creating a cohesive ecosystem where assets and information can flow across various platforms. Interoperability improves user experiences by allowing access to diverse services without being confined to a single blockchain. It also enhances the potential for innovation, enabling dApps to leverage the strengths of multiple networks. Achieving interoperability can significantly contribute to the broader adoption and utility of blockchain technology in various industries.
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