Interoperability

The quality of computer components and systems that indicates compatibility and lets them work together smoothly.

Interoperability refers to the characteristics of computer components or systems which allows them to work with other components or systems. The components in question are largely different in terms of origin (or creator) as well as configuration. However, because their underlying purpose and designs are similar, interoperable systems can function seamlessly with a significant boost in effectiveness.

Interoperability is a key focus of blockchain developers. The goal of this anticipated phase in the improvement of distributed ledgers is to have different networks that allow multi-chain operations. This will bring about a new age for the global financial market, with increased ease of operation for individual and corporate enterprises.