In its relatively short existence, blockchain technology has already seen a few iterations. The first was ushered in with Satoshi Nakamoto's seminal invention of Bitcoin — which, at its core, is a protocol for transferring value.Then in 2015, Ethereum made versatile smart contracts a reality.What we need to strive towards is the true third-generation of blockchain: cross-chain interoperability.With the onslaught of new blockchains, we're falling into one of the traps the technology was meant to mitigate — a fragmented landscape. Interoperability is key to ensuring that the technology thrives and streamlines transfers of value, information and digital property.Lack of compatibility between chains is something that needs to be addressed before any meaningful progress can be made. Enabling blockchains to interact would eradicate issues pertaining to poor liquidity, and broaden the scope of decentralised operating systems.To visualise the concept, consider an enterprise that runs on a local network.


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