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Cross Blockchain interoperability successfully tested for payments

Wednesday, 24th June 2020

Blockchain tech provider Quant Network and SIA have successfully tested cross blockchain interoperability between multiple Distributed Ledger Technology protocols.

The partnership achieved this by integrating Quant Network’s Overledger technology (an operating system that allows interoperability) into the SIAchain private blockchain infrastructure.

This integration provides the ability to bridge permissioned blockchain instances between SIAchain and other external networks – which could not be previously connected - to have cross-platform applications and services covering, for example, notarisation, payments, and KYC. The development of the solution began in mid-2019 and a full program of testing has been executed on SIAchain, R3 Corda, and private Ethereum platforms.