THE INTEROPERABILITY GROUP
Regulated digital assets now represent a small fraction of the financial industry. Central Banks and traditional financial players are looking for a solution that is highly scalable, seamlessly interoperable, easily accessible and effortlessly inclusive to end-users.
The Inter-Op Group (IOG) meets every month and is co-chaired by Chris Ostrowski from SODA and Thomas Hardjono from MIT.
The IOG was created in 2022 – the following institutions are participating:
Ethereum Enterprise Alliance | Bitt |
Wanchain | Linux Foundation, Hyperledger |
GFT | Accenture |
BIS Innovation Hub | R3 |
IBM | Hedera |
Ripple | IOHK (Cardano) |
Datachain | Adhara |
Quant | Interchain (Cosmos) |
Ava Labs | QualitaX |
The Stellar Development Foundation | Fireblocks |
SWIFT | Love Crypto |
Algorand Foundation |
In 2023 the group created the MIT/SODA Charter:
This Charter is a statement of intent for technology solution providers working on protocols which host digital assets or digital money.
If all issuers of digital assets follow the principles stated in this Charter then any digital asset should, unless precluded from doing so, be able to exist on any blockchain-based asset network, and can be transferred from any one network to another.
Any technology design, Layer-1 architecture or protocol solution – including permissioned and permissionless blockchains – can follow the principles in this Charter to allow digital assets to operate in an open, liquid, token-based digital ecosystem.
To apply to Charter IOG members have created an open Architecture Framework and High Level API to allow the conditions for interoperability:
Click to view Architecture Framework pdf
Click to view high level API pdf
The documents are open for all participants to use in digital money and digital asset use cases. If you want to contribute to the IOG or attend the meetings please contact Chris Ostrowski chris@sodapublicmoney.org or Thomas Hardjono hardjono@mit.edu.