🔊 Excited to announce the release of a new case study with the Enterprise Ethereum Alliance (EEA) showcasing an implementation of its DLT interoperability specification!
As the co-chair of the EEA DLT Interoperability Working Group, QualitaX has co-authored the EEA DLT Interoperability specification. It is a great achievement to see the specification implemented in a real-world use case, contributing to enabling blockchain interoperability in regulated settings.
This case study demonstrates how the EEA DLT Interoperability Specification enables seamless communication between distinct blockchain networks, focusing on a crosschain Delivery versus Payment (DvP) use case in the financial sector.
𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:
➡ Interoperability between a private permissioned Corda network for securities management and a private permissioned Ethereum network for payments.
➡ Atomic settlement, as per the definition of the Bank of International Settlements, to ensure that the transfer of one asset occurs if and only if the transfer of the other asset also occurs.
➡ The case study underscores the critical importance of open standards and interoperability in unlocking the full potential of blockchain technology in enterprise applications.
This case study was produced by QualitaX in collaboration with Fnality International, HQLAᵡ, Adhara and Wanchain.
