Cross-Chain Blockchain Networks, Compatibility Standards, and Interoperability Standards: The Case of European Blockchain Services Infrastructure

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Abstract

This chapter explains the role and how interoperability standards and compatibility standards will enable the development of Cross-chain Blockchain networks. Blockchain currently lacks standardization. There are different initiatives aimed at facilitating interoperability between different Blockchains. But if there are no uniform interoperability and compatibility standards, that will cause a problem for the development of Cross-Chain Blockchain Networks. In the EU, there is an Initiative to facilitate a continental Cross-chain Blockchain network. Interoperability and compatibility standards are an integral aspect of the initiative. This chapter uses the case of the EU as Basis for explanation on how Blockchain Service Providers can work together to develop these standards.
Original languageEnglish
Title of host publicationCross-Industry Use of Blockchain Technology and Opportunities for the Future
Number of pages16
Place of PublicationHershey PA
PublisherIGI global
Publication date2020
Pages150-165
Chapter10
ISBN (Print)1799836320, 9781799836322
ISBN (Electronic)9781799836346
DOIs
Publication statusPublished - 2020

Keywords

  • Blockchain
  • standards
  • Interoperability
  • Compatibility
  • cross-chain
  • Standardization
  • European Blockchain Service Infrastructure
  • Infrastructure
  • service

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