20th December 2023 Digital Bytes

Navigating blockchain interoperability: challenges, data insights and solutions - despite recent successes such as Wormhole's funding, blockchain interoperability faces critical challenges. Security vulnerabilities, diverse trust models, technical complexities and impacts on DAOs, hinder seamless cross-chain communication. Innovations such as "state proofs" offer promise, but the industry grapples with balancing decentralisation, security and interaction across chains. Achieving true interoperability remains pivotal for blockchain scalability and efficiency.

Digital €: does the ECB want its cake and eat it too? - the European Central Bank (ECB) is aiming to introduce a digital €, mirroring physical cash's accessibility and security in a digital form. The bank is navigating a delicate balance between public and private interests, seeking collaboration with existing financial players but also facing challenges in defining payment provider compensation whilst ensuring widespread adoption …