Enterprise Blockchain that Scales with the Internet: The Stability Advantage
You’ve heard the buzz about interoperability. But we want to take the power of interoperability — allowing different systems to communicate with each other — and take it a step further.
It is certainly crucial for any global organization to consider how different systems interact. For example, the way your Nest thermostat connects to the Wi-Fi router or how PayPal communicates with bank accounts. Interoperability is an essential component of internet systems. Still, it has its limitations.
What if PayPal could automatically adjust your investment portfolio based on spending habits? That’s where composability steps in.
Composability: What It Is and Why You Need ItComposability allows us to broaden our horizons beyond mere interoperability. Imagine if the components of different platforms could seamlessly integrate with your products, like Lego pieces clicking into place. That’s composability: an engine for ceaseless innovation and strategic collaborations. Composability allows you to adapt swiftly to emerging technologies and stay ahead in your industry.
Embracing Blockchain-Enabled Composability
Integrating data across platforms is hard. Without a clear solution, companies are often deterred from entering into otherwise promising partnerships.
Blockchain technology has revolutionized the data landscape, serving as a shared network where data can be easily and securely accessible across platforms. Blockchain — in theory — enables composability.
But how do you choose a blockchain that works for everyone?
The Limitations of Cryptocurrency-Based Blockchains
While blockchain technology has significantly facilitated composability, it’s important to note: not all blockchains are created equal.
Public blockchains today require the use of cryptocurrencies for transactions. These act as financial and technical barriers, excluding a large subset of potential users and businesses who aren’t involved in the cryptocurrency ecosystem.
Stability: A Revolution in Composability and Accessibility
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