This story was originally published on HackerNoon at: https://hackernoon.com/chain-key-cryptography-and-the-future-of-bitcoin-interoperability.
benefits.Most importantly, it has shown that interoperability is a key challenge that continues to hinder the disruptive potential of blockchain technology
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The University of Mexico, it was reported, is setting plans in motion to implement payments with Chain-Key Bitcoin(ckBTC) The Spanish higher institution of learning is launching a pilot program that would enable students to make payments with ckBTC. A wrapped token is essentially a digital representation of another asset on a different blockchain usually involves locking the original version in a smart contract.