Cross-chain interoperability is a domain that has piqued the interest of many financial institutions over the years, as it stands to produce a technology that can potentially mitigate a whole host of their recurring operational issues — such as data leakages, loss of customer funds during international transactions and poor accountability — in a totally automated fashion.
In this regard, European payments provider SIA recently revealed that it has partnered with United Kingdom-based tech firm Quant Network after having successfully concluded a series of cross-blockchain interoperability tests designed to facilitate data transfers between different protocols.
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