Blockchains are everywhere, so how do we connect them?
We’re barely pastGroundhog Dayand 2018 already looks to be the year of blockchain as the underpinning ‘immutable ledger’ technology that forms the backbone of the new breed of cryptocurrencies. But while the markets chase after Bitcoin predictions and analysts enjoy telling how much much we would be worth if we’d put down $100 into various funds at the turn of this decade, the question for the technology industry is more engineering focused.
If we are going to live in a world of many blockchains (some of them serving cryptocurrencies, some of them acting as a new breed of global database networks for everything on the planet), then how will we interconnect all the blockchain DNA?
Decentralization & integration
One answer is decentralization. If we accept thatblockchains are now verticalizinginto different use case zones, it’s not surprising to see technology firms now attempting to give us platforms for building decentralized apps across different blockchains.
Another answer is integration. Self-styling itself a ‘smart blockchain platform’ company, UK-based Omnitude is a software company building connectors and tools to enable software application developers to marry blockchain and legacy systems together. Essentially the company makes middleware (software that connects other bits of software together) to bridge between different blockchain databases, as well as other existing enterprise systems and data repositories.
How does it work? Well, Omnitude uses Hyperledger at its heart to resolve issues across blockchains. Hyperledger is an umbrella project of open source blockchains and related tools, started in December 2015 by the Linux Foundation. Typical ‘issues’ with blockchains could very typically include ecommerce checks in areas such as identity protection, or perhaps supply chain inconsistencies for firms using blockchain technologies to underpin their online product and services offerings.
">Blockchains are everywhere, so how do we connect them?
We’re barely pastGroundhog Dayand 2018 already looks to be the year of blockchain as the underpinning ‘immutable ledger’ technology that forms the backbone of the new breed of cryptocurrencies. But while the markets chase after Bitcoin predictions and analysts enjoy telling how much much we would be worth if we’d put down $100 into various funds at the turn of this decade, the question for the technology industry is more engineering focused.
If we are going to live in a world of many blockchains (some of them serving cryptocurrencies, some of them acting as a new breed of global database networks for everything on the planet), then how will we interconnect all the blockchain DNA?
Decentralization & integration
One answer is decentralization. If we accept thatblockchains are now verticalizinginto different use case zones, it’s not surprising to see technology firms now attempting to give us platforms for building decentralized apps across different blockchains.
Another answer is integration. Self-styling itself a ‘smart blockchain platform’ company, UK-based Omnitude is a software company building connectors and tools to enable software application developers to marry blockchain and legacy systems together. Essentially the company makes middleware (software that connects other bits of software together) to bridge between different blockchain databases, as well as other existing enterprise systems and data repositories.
How does it work? Well, Omnitude uses Hyperledger at its heart to resolve issues across blockchains. Hyperledger is an umbrella project of open source blockchains and related tools, started in December 2015 by the Linux Foundation. Typical ‘issues’ with blockchains could very typically include ecommerce checks in areas such as identity protection, or perhaps supply chain inconsistencies for firms using blockchain technologies to underpin their online product and services offerings.
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