DATx Establishes Cross-Chain Hub for the Blockchain Industry
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DATx Establishes Cross-Chain Hub for the Blockchain Industry

/ -- On September 30th, the team at DATx, a blockchain project focused on building industry infrastructure, announced the addition of cross-chain interoperability functionality to the DATxChain (Decentralized Application Transformational Chain), the DATx public chain. With the increasingly fragmented nature of the blockchain industry, the DATx team believes only by increasing communication between chains will blockchain technology reach wide commercial adoption. What is cross-chain interoperability? Cross-chain interoperability is the ability of two different blockchains to transfer information between each other. Currently, cross-chain interoperability has yet to be acheived on a significant scale due to technical barriers in differing protocols between chains. Advocates believe cross-chain interoperability will allow for a more efficient token economy by connecting blockchains specialized for different markets, making cryptocurrency a real competitive alternative to the fiat ...

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