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Blockchain for Enterprise

You're reading from   Blockchain for Enterprise Build scalable blockchain applications with privacy, interoperability, and permissioned features

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Product type Paperback
Published in Sep 2018
Publisher Packt
ISBN-13 9781788479745
Length 220 pages
Edition 1st Edition
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Author (1):
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Narayan Prusty Narayan Prusty
Author Profile Icon Narayan Prusty
Narayan Prusty
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Table of Contents (10) Chapters Close

Preface 1. What are Decentralized Applications? FREE CHAPTER 2. Building Blockchain Using Quorum 3. Writing Smart Contracts 4. Getting Started with web3.js 5. Building Interoperable Blockchains 6. Building Quorum as a Service Platform 7. Building a DApp for Digitizing Medical Records 8. Building a Payment Solution for Banks 9. Other Books You May Enjoy

Strategies for implementing blockchain interoperability

Let's look at the various strategies with which you can achieve one or more of the previous use cases. We will learn the strategies that we can implement in Quorum, but not all the ones that are available for public or other blockchains. We will also look at examples of how to implement these strategies.

Single custodian

The easiest way to achieve interoperability is to have a centralized third-party through which blockchains can talk to each other. Essentially, you need to trust the third-party. 

However, centralized interoperability projects, such as Oraclize, have solved the trust problem. Oraclize enables your Ethereum smart contracts to communicate...

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