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Kathleen Martin
Guest
It’s hard to decipher the signal from the noise in today’s complex biztech landscape. At Data Gumbo, we receive a lot of questions regarding interoperability. For the most part, questions about interoperability between smart contracting platforms and their underlying distributed ledgers are a big red herring. Once we step outside of the crypto-obsessed world of Ethereum tokens and NFTs, artificially constrained by the needs of a public ledger running on gas and tokens, interoperability between smart contracting systems used to execute real business-to-business (B2B) use cases look the same as any other integration: REST APIs – short for representational state transfer application programming interfaces. First, what exactly do we mean by interoperability? In short, interoperability refers to the basic ability of any computerized systems to connect, communicate, exchange and interpret shared information between applications, databases and other systems that drive the modern economy. Taking this a step further, interoperability for smart contracting platforms means that information is accessible, comprehendable and transactable across environments. There are three different levels of interoperability:
- Foundational - Enables the exchange of data between systems without the systems being able to interpret data.
- Structural - Enables the exchange of data between systems in a defined, uniform structure. Information at this level of interoperability can be interpreted but not interacted with or used.
- Semantic - Enables the exchange of data between systems that allows for information to be both interpreted and used.
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As such a fundamental component of the global distributed network of commerce and value, a smart contract platform’s “architecture must satisfy the same fundamental goals of the Internet architecture” including semantic interoperability.
Continue reading: https://blog.datagumbo.com/en/gumbonet-blog/gumbonet-blog/lets-talk-interoperability
