A report published by The Depository Trust & Clearing Corporation (DTCC), Clearstream, Euroclear, and the Boston Consulting Group (BCG) presents a new framework for interoperability, with the aim of enabling "the safe and scalable adoption” of digital assets.
The joint report, published on Wednesday, March 4, argues that interoperability is key for cryptocurrencies to “achieve their full potential” in traditional capital markets. It emphasizes the need for open, neutral, and reliable infrastructure to support the integration of what it refers to as “digital asset securities,” or DAS, into mainstream finance.
In unpacking the current state of blockchain interoperability, the report highlights the problem of fragmentation across public and permissioned blockchains as Layer 1 and Layer 2 chains continue to proliferate.
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