Interoperability Helps Adapt and Innovate

Annabella Cornelly

Absolutely all scientists admit that interoperability can become the key principle that helps various industries implement innovations and adapt them accordingly. Our future without the right approach is bleak and that’s the main reason why researchers all around the globe are doing their best to speed up the process that leads the entire community to success.

Blockchain is one of the major aspects that has a great goal and mission. It empowers developers to decide what they find is useful for their application rather than what is useful for the platform they are attached to.

As many specialists claim, the industry has followed the major tribalism rules for ages. Developers tend to align with certain protocols. They also defend technologies that they serve to and this seems to have no limits. Such divisions are likely to slow the innovation that the society needs to update blockchain for greater adoption.

At the same time, the enterprise market is just starting to realize the promise of the technology that is rather challenging to achieve. They can do it only if blockchains learn to cooperate and communicate with each other. If we want to achieve this result, then all participants must be ready to leverage platforms without being attached to one just because the creators do not find it necessary to cooperate.

New Models Brought by Blockchain

Security and transparency are the two main things that blockchain gives that can save the world. All of its traits are appreciated by the planet’s population. The pandemic has revealed how fragile supply chains are. It is difficult to align the requirements of industries so this technology is one of those that can act promptly in a crisis.

Forums state that technology issues are not the only challenge. Governance is another problem to be resolved. Also, we should pay attention to new models and data ownerships. Stakeholders who are ready to collaborate will always achieve greater results. Technology must be auditable and if it is transparent, then the industry can feel more efficient and productive.

For the past eleven years, since the first day when the cryptocurrency appeared, our society has been analyzing and exploring blockchain. However, it is not yet fully ready to switch to it and accept the opportunities it gives. It’s a sad fact, but all these barriers are artificial. There are dozens of meaningless hoops and loops that stiff the movement.

Luckily, many governments have called upon blockchain solutions in the time of test and the pandemic has become a valuable lesson that has taught countries to be smarter and more flexible in their approach. Solutions that rely on blockchain keep emerging and they address the recent Covid-19 crisis. As we might notice, there is no collective response so far.

On the other hand, the crisis is not yet finished. We can expect other events to show us what deficiencies the system has. Analysts urge us all to discuss the issue and find ways out to help each other survive when the hardest moments come to our lives. Interoperability is what the world should turn to if we wish to prevent further complications.