Enhancing blockchain interoperability and intraoperability capabilities in collaborative enterprise-a standardized architecture perspective

Enhancing blockchain interoperability and intraoperability capabilities in collaborative enterprise-a standardized architecture perspective

04 Jan 2024 | Bokolo Anthony Jnr
The article "Enhancing Blockchain Interoperability and Intraoperability Capabilities in Collaborative Enterprise: A Standardized Architecture Perspective" by Bokolo Anthony Jnr explores the challenges and solutions for improving blockchain interoperability and intraoperability in collaborative enterprises (CE). The study highlights the importance of blockchain technology in enhancing organizational operations, particularly in areas such as security, scalability, and interoperability. However, the current blockchain ecosystem is fragmented, with different platforms operating in isolation, which hinders the seamless integration of legacy systems and the development of end-to-end distributed networks. The author proposes a standardized architecture to support DLT interoperability and intraoperability within CE. This architecture aims to enable trusted data-sharing across two independent digital platforms through interoperation, fostering a paradigm shift from closed blockchains to an open ecosystem where different platforms can interact with each other. The study also reviews existing approaches for blockchain interoperability and intraoperability, including atomic token transfer, and discusses the limitations of current solutions, such as the need for substantial changes within source and destination blockchains. The article further examines various mechanisms for achieving blockchain interoperability and intraoperability, including cryptocurrency-directed solutions, blockchain engines, and blockchain connectors. It also explores cross-network communication protocols like Hyperledger Cactus, Hyperledger Fabric, One Network, Overledger, and Polkadot, which facilitate communication between different blockchains. The study highlights the need for an approach that supports seamless integration with blockchains having different consensus mechanisms and legacy systems. Finally, the article discusses several blockchain interoperability and intraoperability solutions, such as notary schemes, sidechain solutions, relay solutions, hash-locking, bridging techniques, blockchain router solutions, distributed private key control (DPKC), and oracles. Each solution is evaluated for its advantages and limitations, emphasizing the complexity and challenges in achieving true decentralization. The study concludes by emphasizing the need for novel protocols, frameworks, and architectures to enhance blockchain interoperability and intraoperability in CE.The article "Enhancing Blockchain Interoperability and Intraoperability Capabilities in Collaborative Enterprise: A Standardized Architecture Perspective" by Bokolo Anthony Jnr explores the challenges and solutions for improving blockchain interoperability and intraoperability in collaborative enterprises (CE). The study highlights the importance of blockchain technology in enhancing organizational operations, particularly in areas such as security, scalability, and interoperability. However, the current blockchain ecosystem is fragmented, with different platforms operating in isolation, which hinders the seamless integration of legacy systems and the development of end-to-end distributed networks. The author proposes a standardized architecture to support DLT interoperability and intraoperability within CE. This architecture aims to enable trusted data-sharing across two independent digital platforms through interoperation, fostering a paradigm shift from closed blockchains to an open ecosystem where different platforms can interact with each other. The study also reviews existing approaches for blockchain interoperability and intraoperability, including atomic token transfer, and discusses the limitations of current solutions, such as the need for substantial changes within source and destination blockchains. The article further examines various mechanisms for achieving blockchain interoperability and intraoperability, including cryptocurrency-directed solutions, blockchain engines, and blockchain connectors. It also explores cross-network communication protocols like Hyperledger Cactus, Hyperledger Fabric, One Network, Overledger, and Polkadot, which facilitate communication between different blockchains. The study highlights the need for an approach that supports seamless integration with blockchains having different consensus mechanisms and legacy systems. Finally, the article discusses several blockchain interoperability and intraoperability solutions, such as notary schemes, sidechain solutions, relay solutions, hash-locking, bridging techniques, blockchain router solutions, distributed private key control (DPKC), and oracles. Each solution is evaluated for its advantages and limitations, emphasizing the complexity and challenges in achieving true decentralization. The study concludes by emphasizing the need for novel protocols, frameworks, and architectures to enhance blockchain interoperability and intraoperability in CE.
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