Enhancing DeFi Through Cross-Network Collaborations and Blockchain Interoperability

Web3 Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/enhancing-defi-through-cross-network-collaborations-and-blockchain-interoperability.
To truly thrive in a decentralized world, DeFi must transcend the confines of such individual blockchain networks.
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Decentralized Finance (DeFi) has been a game-changer in the world of finance, but it's not without its challenges. One big challenge is that there are many different blockchains, each with its own unique ecosystem. To truly thrive in a decentralized world, DeFi must transcend the confines of such individual blockchain networks. Making cross-network collaborations that harness blockchain interoperability, enabling seamless interactions between diverse platforms completely necessary.