How interoperability could boost blockchain and avoid a ‘Betamax’ issue

Accenture’s Melanie Cutlan and David Treat spoke to SiliconRepublic.com about the importance of blockchain interoperability, metaverse possibilities, and the ‘competition frontier’ of digital wallets.
The conversation around blockchain has moved on from the “Cambrian explosion” of different projects in the past to a discussion around the “combinations and the relationships between projects”.
That’s according to David Treat, senior MD and global metaverse continuum business group and blockchain lead at Accenture. Treat is also the chair of the Hyperledger Foundation, an organisation bringing together resources and infrastructure for open-source software blockchain projects.
It organised the Hyperledger Global Forum in Dublin this week, featuring more than 100 speakers discussing key business issues for the Hyperledger community such as blockchain interoperability, the climate crisis, digital identity and tokenomics.
Treat previously told SiliconRepublic.com that blockchain is like a team sport. Yesterday (12 September), he spoke of the importance of events such as the Hyperledger Global Forum for discussions around interoperability.
“This is the only place to talk through the whole notion of the hybrid models that are going to take advantage of different ledgers for different purposes with different capabilities,” Treat told SiliconRepublic.com.

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