The linkage of blockchain across multiple platforms presents various implementation challenges and risks. Thus, a crypto consulting company must show a more profound knowledge of blockchain interoperability. The knowledge helps the consulting firm understand how to surmount challenges and help businesses combine various blockchain solutions in various platforms.
The ability to choose the right crypto platform is critical as it helps the crypto consulting firm offer bespoke solutions that meet the needs of their clients. The blockchain consulting firm should display knowledge on concepts like Hyperledger, and Cardano.
- Cardano: Cardano worked on the interoperability but also towards the confidentiality concern for banks and institutions to be able to use the blockchain Elrond is looking to onboard 1 billion users according to the CEO on an interview in Feb 2021 showing his aim to be the transactional preferred blockchain for everyone
Wanchain and Cardano’s Input Output are collaborating on enabling interoperability between the Cardano mainnet, Cardano sidechains and other blockchain networks. These efforts will see the teams deploy decentralized, non-custodial, bi-directional crosschain bridges connecting Cardano to other layer 1 blockchains.