As Web3 interoperability becomes foundational for blockchain-based finance, critical gaps in infrastructure are slowing institutional adoption, according to Axelar co-founder Georgios Vlachos.
“We’re likely just at the beginning of an explosion of blockchain-based solutions for tokenized finance,” Vlachos told Benzinga. “It’s important we now consider how to make interoperability networks secure, open, and accessible to all, just like TCP/IP is for networks on the internet itself.”
He says that without decentralized, open-source, and permissionless protocols, blockchain’s benefits, such as transparency and efficiency, could be undermined. This limits institutional use cases like tokenized funds and stablecoins.
Vlachos highlighted the need for standardized …Full story available on Benzinga.com
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