{"id":3846,"date":"2018-01-29T17:50:05","date_gmt":"2018-01-29T17:50:05","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=3846"},"modified":"2022-05-04T21:38:02","modified_gmt":"2022-05-04T21:38:02","slug":"decentralized-application-developers-must-prepare-vertical-blockchains-interoperability","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/decentralized-application-developers-must-prepare-vertical-blockchains-interoperability\/","title":{"rendered":"Decentralized Application Developers Must Prepare For Vertical Blockchains And Interoperability"},"content":{"rendered":"
\"\"
Decentralized Application Developers Must Prepare For Vertical Blockchains And Interoperability<\/figcaption><\/figure>\n

Crowd Machine, the distributed computer for building decentralised apps, is raising awareness with developers that their focus must shift towards interoperability as blockchains become more specialized into vertical segments.<\/p>\n

The company<\/a> is highlighting this trend as it believes app developers and crypto-companies that are becoming too wedded to a single blockchain are\u00a0potentially putting themselves at risk by ignoring a key emerging trend in the industry.<\/p>\n

Crowd Machine\u2019s CEO and Founder, Craig Sproule said: \u201cWhile the explosion of ICOs in 2017 has brought a range of new projects to the market, everyone wants to know which will be the eventual winner. As a platform for building decentralised apps across different blockchains, we\u2019re seeing the emerging trend toward verticalized blockchains accelerating. As an industry, we need to address blockchain interoperability as an inherent blockchain capability before we see major integrations challenges emerge.\u201d<\/em><\/p>\n

One of the initiatives that Sproule has highlighted as making progress in this area is the Blockchain Interoperability Alliance, which was announced in November 2017. This new group, which involves Aion, ICON and Wanchain, aims to advance standards that would promote a greater degree of connectivity between different blockchains.<\/p>\n

Sproule believes that standardization could be an important route, as we see more blockchains start to specialise in areas such as title transfers, medical records, authentication, event registrations and energy trades.<\/p>\n

\u201cAt the moment, interoperability is managed at the app level, but that requires developers to be proficient in different smart contract languages, APIs or third party tools. If the interoperability requirement is to continue to be resolved within the app, then an approach would be to standardize on a common smart contract language across all blockchains. Failing that, then app development platforms can provide a level of abstraction that generates smart contracts or calls for each blockchain being utilized\u201d,<\/em> said Sproule.<\/p>\n

Crowd Machine\u2019s smart contract auto-generation feature, which was announced earlier this month, will help to play its part. It\u00a0will make it possible to\u00a0auto-generate a smart contract definition for all common blockchain networks, meaning developers can create the logic they want without worrying about the underpinning smart contract technology.<\/p>\n

This significant development also means that blockchains become subservient to the app and, through the Crowd Machine Network, makes it possible to\u00a0use the blockchain that offers the best price at the time of transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"

Crowd Machine, the distributed computer for building decentralised apps, is raising awareness with developers that their focus must shift towards interoperability as blockchains become more specialized into vertical segments. The company is highlighting this trend as it believes app developers and crypto-companies that are becoming too wedded to a single blockchain are\u00a0potentially putting themselves at […]<\/p>\n","protected":false},"author":7,"featured_media":3850,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[25,1],"tags":[],"acf":[],"yoast_head":"\nDecentralized Application Developers Must Prepare For Vertical Blockchains And Interoperability - OpenBusinessCouncil Directory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.footballthink.com\/decentralized-application-developers-must-prepare-vertical-blockchains-interoperability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Decentralized Application Developers Must Prepare For Vertical Blockchains And Interoperability\" \/>\n<meta property=\"og:description\" content=\"Crowd Machine, the distributed computer for building decentralised apps, is raising awareness with developers that their focus must shift towards interoperability as blockchains become more specialized into vertical segments. The company is highlighting this trend as it believes app developers and crypto-companies that are becoming too wedded to a single blockchain are\u00a0potentially putting themselves at […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.footballthink.com\/decentralized-application-developers-must-prepare-vertical-blockchains-interoperability\/\" \/>\n<meta property=\"og:site_name\" content=\"OpenBusinessCouncil Directory\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-29T17:50:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-04T21:38:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2018\/01\/developers-blockchain1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Hernaldo Turrillo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hernaldo Turrillo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.footballthink.com\/decentralized-application-developers-must-prepare-vertical-blockchains-interoperability\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/decentralized-application-developers-must-prepare-vertical-blockchains-interoperability\/\"},\"author\":{\"name\":\"Hernaldo Turrillo\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\"},\"headline\":\"Decentralized Application Developers Must Prepare For Vertical Blockchains And Interoperability\",\"datePublished\":\"2018-01-29T17:50:05+00:00\",\"dateModified\":\"2022-05-04T21:38:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.footballthink.com\/decentralized-application-developers-must-prepare-vertical-blockchains-interoperability\/\"},\"wordCount\":415,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"articleSection\":[\"News\",\"Open News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.footballthink.com\/decentralized-application-developers-must-prepare-vertical-blockchains-interoperability\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.footballthink.com\/decentralized-application-developers-must-prepare-vertical-blockchains-interoperability\/\",\"url\":\"https:\/\/www.footballthink.com\/decentralized-application-developers-must-prepare-vertical-blockchains-interoperability\/\",\"name\":\"Decentralized Application Developers Must Prepare For Vertical Blockchains And Interoperability - 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