To achieve the distributed web 3.0, blockchain projects must be able to interact with one another. This is where interoperability comes into play.

There can’t be a single solution for blockchain, no man is an island and just like all businesses there needs to be co-operation. In the blockchain environment, this can be accomplished using cross chain technology. If blockchain-based networks are to be mass adopted, they will first need to be able to work with each other and find how they can seamlessly integrate their capabilities, increasing users choice in availing of a portfolio of blockchain technologies that suit their individual needs.

To iterate, most importantly, interoperability has a strong position for a more positive blockchain user experience by giving them the power to make use of the technologies they require. This then works into the overall decentralized internet, as interoperability is forming an ecosystem whereby blockchains can smoothly interact. This will, in turn, increase the attractiveness of blockchain by implementing cross-chain interaction uniting all public, private, and consortium blockchains. Recent developments show a likely cause for the adoption of cross chain technology

FLETA interoperability provides a gateway system which users and projects can use to experience a seamless transition between various blockchains. FLETA’s gateway system will allow projects to use a faster and more affordable service chain on the network. Alongside this, projects are able to create transactions free of charge, meaning users are not charged for using the chain.

FLETA’s gateway system has been built to ensure interoperability between projects and to eliminate a traditional mainnet swap. FLETA believes that this functionality will bring great utility onto the blockchain. Seeing how scalability and interoperability are both significant needs of the hour, it is not hard to see why not.

Ripple

Ripple has addressed interoperability by designing the first open-sourced bitcoin plug-in for its Interledger protocol (ILP). The Interledger is an open protocol for sending payments amongst different ledgers without friction. The collaboration took place between Bitfury Group and Ripple to make the Lightning Network harmonious with the seven other networks using the Interledger protocol.

Aion

Aion developed a token standard with built-in interoperability functions (“AIP-4” or “ATS” tokens). This model is obtained from Ethereum’s ERC-777 spec, however, it has “freeze”, “thaw”, and “liquid supply” functions.

Aion’s vision for blockchain interoperability offers:

Integrate data from enterprise blockchains and off-chain data oracles in supply chain systems.

Ability to use digital identity information to open blockchain-based savings and loan accounts

Automatically coordinate healthcare services and insurance payments;

The interoperability milestones Aion has reached are still early steps on its roadmap.

Conclusion

A blockchain gateway is a software/node/platform which allows for the integration of multiple blockchain networks, this solution which is currently offered by FLETA is looking like the most promising since they allow users to transition from one platform to another seamlessly. Because they serve such a critical function, the gateway needs to have high scalability, availability, robustness, manageability, and low latency.

Whichever solution comes to the forefront, once interoperability is achieved between the major public blockchains, a new range of functionalities will occur, from smart contracts to data storage, along with the ability to migrate their tokens from the existing platform to their new network during main net swaps. In the future, we can expect to see an increase in these projects as networks are already realizing the need for integration to boost the adoption. It’s just a matter of time before interoperability becomes a standard protocol for blockchain-based networks.