During the Bitcoin Wednesday on 1 March 2017, COO of Tendermint, Brian Fabian Crain introduced the Cosmos project – a decentralized network of blockchains that allows interoperability between blockchains with the help of Inter-Blockchain Communication Protocol.

Cosmos is a decentralized network of blockchains that has three major components: Hub, Traditional Blockchains and PEG Zones. It eliminates the need for an intermediary to carry out transactions or operate within multiple blockchains.

Brian explains: