Barclays and Clearmatics Call on Coders to Help Blockchains Talk to Each Other

U.K. bank Barclays (LON:BARC) and London-based startup Clearmatics are inviting coders to come up with ways to connect ethereum with made-for-enterprise blockchains such as Hyperledger Fabric.

The interoperability challenge is being hosted by Clearmatics and will use a template involving its open-source interoperability protocol, Ion. The hackathon will take place at the Barclays Rise fintech hub in London on February 5 and 6.

The importance of addressing interoperability between major enterprise blockchain platforms is reflected by the big names involved: a panel of judges will feature representatives from megabanks Barclays, UBS, HSBC and Santander (MC:SAN). (The prizes for the teams that come up with the most impressive solutions have not yet been announced.)

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