We’re often asked how we compare to other interoperability projects. To answer that, we need to rephrase the question:

How do we use interoperability to harness the power of blockchains and be the catalyst for mass-adoption of blockchain technology?

Enabling interoperability (i.e. the ability of blockchain to interact and communicate with each other and existing networks and systems) is going to be the critical first-step in order for us to witness mass-adoption of blockchain technology. But it is just that, the FIRST step. By enabling two blockchains to be able to directly interact with one another chain-to-chain (N:N).

However, enabling two blockchains to interact together does not mean we have realized the full potential of blockchain technology — far from it. Those two blockchains will simply continue to work in isolation.

Now, if we could ensure that any and all blockchains (current and future) could work together; if we connect to existing networks and the internet to blockchains and if we were able to enable enterprises to tap into the functionality of multiple-blockchains at the same time with multi-chain applications and deliver all of this to enterprises meeting while external security and regulatory requirements, with minimal changes to existing systems and networks — well, that would be a horse of an entirely different colour.

To recap the interoperability blockchains that we are referring to include: AION, Polkadot, Oneledger, ICON, ARC, Sidechain, Virtualchain, Interledger, Cosmos, etc.

These Interoperability Blockchain technologies are grouped together because in their delivery they introduce additional complexity, overhead and technical risk by either:

1) Introducing another blockchain on top existing blockchains 2) Adding another consensus mechanism in addition to underlying blockchain consensus 3) imposing limitations to connect chain to chain. 4) Mandating a fundamental change to an enterprise’s systems to user their technology

We did a thorough analysis in our whitepaper and compared Interoperability Blockchain technologies looking at very specific criteria and while we concluded that they may enable a level of interoperability– they don’t simplify the approach for enterprises to adopt. They also leave many questions unanswered such as:

· How will you secure/de-risk the blockchain implementation against my existing infrastructure?

· How will your protocol be adapted for future blockchains?

· How will you connect to networks and the internet?

· How do you use interoperability to tap into the multiple ledgers?