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Interoperability Framework

Meaning

An Interoperability Framework in crypto describes a structured set of protocols, standards, and mechanisms that enable distinct blockchain networks or distributed ledger technologies to communicate and exchange data or assets. This framework facilitates seamless interaction between disparate systems, addressing the inherent fragmentation within the decentralized ecosystem. Its primary purpose is to enhance functionality, liquidity, and the overall utility of blockchain applications. This architectural component is essential for scaling decentralized finance and cross-chain operations.