Consensys Unveils Bridgeless Transaction Network for Institutions
Photo: CoinCentral
TLDR Consensys launched Sovereign Network Interoperability on November 2, 2026, at Devcon in Mumbai. The software allows banks to settle transactions across separate blockchains without transferring assets between networks. The Cross Ledger Interoperability Protocol uses cryptographic proofs to verify transactions across different ledgers. The platform supports securities settlement, currency payments, collateral transfers, and tokenized fund services. Ethereum-compatible networks are supported, while Consensys plans to introduce Canton connectivity. Consensys has launched Sovereign Network Interoperability, software that allows banks to settle transactions across separate blockchains without transferring assets between networks.
Source: CoinCentral
