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Why interoperability between blockchains is a key part of FALKOR

A recent article in the Coin Republic spoke about interoperability between blockchains. ByzGen’s CTO, Terry Leonard, explains why it’s an interesting read from his perspective, as it’s a concept that’s driven the development of particular services within ByzGen’s DLT platform, FALKOR.
Terry Leonard
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Terry Leonard
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Reading about the interoperability between blockchains in the Coin Republic was especially interesting to us here at ByzGen, as it’s a concept that’s long been a driver to add certain services to our FALKOR platform. The reason being, interoperability facilitates easy communication between different blockchain networks.

The initial validation we had to work towards, was a project whereby the ecosystem and entities within it were generating different types of transactions around data that required different types of blockchain solutions. 

In this case FALKOR was required to deploy and run the two solutions and provide a bridge between them. The two solutions in question were Hyperledger and Corda, with one providing a consensus driven golden record to validate and prove latest states of data to the ecosystem, and one providing more private transactions where data was being brokered from one entity to another. The other capability required here was to bridge results of transactions between the two solutions, and ensure that sync between them. 

Solutions to data exchange and slio concerns

The above describes one capability led validation for interoperability between blockchains, but there are also data exchange and slio concerns that have been part of our thinking to bridge solutions. 

For example, parties within an ecosystem may have chosen different blockchain solutions to transact data initially, but they now have a challenge to exchange transactions and data with another party that’s chosen to use a different solution. In other words, they need the bridging capability and also a way to maintain control and audit how the data they own is being interacted with. 

Public blockchain solutions 

We also see movement in this area with blockchain solutions themselves. For example 

Hyperledger Besu is a service that can be used to provide exchanges between FALKOR’s run Hyperledger networks, and the public Ethereum blockchain whereby the platform can sign to a large and scaled public blockchain in scenarios that require it. For example, creating a large number of proofs and signatures at scale, giving the platform access to an increased number of validation protocols, or being able to bridge data from an existing Ethereum client or peer into the platform.

If interoperability between blockchains is something you’re working on, and you think FALKOR could help, we are always happy to chat.

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