Enterprise blockchain challenges

While enterprise blockchains have addressed core enterprise requirements (privacy, performance, and governance) to some extent, there are still more challenges that need to be addressed. There is significant progress being made toward solving these issues. However, there is still a lot of work required to be done to adequately address these limitations. Some of these limitations are listed as follows.

Interoperability

Blockchain solutions are built by different development teams with different targets requirements. As a result, there are now many different types of blockchains, ranging from cryptocurrency public blockchains to application-specific blockchains, which are developed for a single business application. Data exchange between these chains is a crucial concern. While blockchain networks continue to grow independently, integration and interoperability between these chains remains a big concern.

This problem also stems out from lack...