And while there is some agreement with that statement, the WEF was remiss when they neglected to recognize that there is one company that has achieved every one of their metrics. Because of the limited scope of the interoperability systems, the WEF concludes interoperability is immature. However, none of the projects cited have addressed all the problems that face an enterprise when implementing blockchain interoperability. They cite a few examples of projects that are working towards interoperability. The World Economic Forum report sets forth a framework for analyzing requirements to achieve interoperability. A successful interop system will benefit all parties by supporting intellectual processes and sovereignty while delivering greater benefits for the consumer such as transparency, security, and privacy. However, with the increase in blockchain usage, interoperability has become more complex. Up to now, interoperability between systems has been relatively simple.

The report was part six of a larger look into what tools are required to support “interoperability, integrity, and inclusivity” in distributed ledger technology for the supply chain.

The World Economic Forum recently released a white paper entitled Inclusive Deployment of Blockchain for Supply Chain, With A Framework for Blockchain Interoperability. Moral and intellectual integrity is at the heart of everything it does.” They believe that by bringing people together who have the drive and influence to make a positive change, they can assist organizations in being accountable to all parts of society. Its mission states, “The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance. The World Economic Forum is an International Organization for public-private corporations.

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