Neo is working with Coinbase to build the next-gen Internet of Interoperability

Neo is working with Coinbase to build the next-gen Internet of Interoperability

Neo decided to integrate with Rosetta, an open source project led by Coinbase.

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30 Aug 2020 , 16:54 @ Katie Müller

Neo is working with Coinbase to build the next-gen Internet of Interoperability

Neo decided to integrate with Rosetta, an open source project led by Coinbase.

On the company’s official blog, Neo informs us about the latest plans, of which Coinbase is a part. One of the main impulses why Neo decided to integrate with Rosetta is the complexity and time required to create a reliable blockchain integration. Developers have to spend countless hours analyzing unique aspects but also answering questions to support each of the teams that integrates the blockchain.

The aim of Rosetta is to establish a standard for protocol integration. Launched by Coinbase, Rosetta is a 100% open source technology framework for digital wallets, crypto exchanges, and related platforms aiming to promote the adoption, collaboration, and wide-spread use of different blockchain solutions.

Neo notes that he is excited to be able to work with Coinbase teams and share experience and knowledge as one of the founding members of the Poly Network, which already implements the interoperability in the DeFi initiative (Flamingo Finance).

Read also: Starbucks bet on Blockchain, which will allow you to track coffee beans

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