Today, you can't quit Facebook and still talk to your Facebook friends. Nor can you switch from Apple Music to Spotify and take your playlist with you. Behind Big Tech's walled garden, users are tormented by the indifference of platform owners, who treat them like resources rather than stakeholders.
This outdated approach is about to change. In recent years, legislators and innovators around the world are uniting on a tech capability we are very fond of interoperability. In its simplest form, interoperability is the ability for different platforms to interact, allowing users to bring their data outside the original system.
A native web3 capability, interoperability is the key to rescuing users still being held hostage by Big Tech.
WEB3 IS INHERENTLY INTEROPERABLE
In the Ethereum environment, interoperability is native for two reasons:
(1) An Ethereum address works on all the chains
An Ethereum address is a unique string of letters and numbers used to identify a specific wallet where one’s digital assets can be stored, sent, and received.
One of the key Ethereum features is the ability for any address to be used on any blockchain across the entire Ethereum ecosystem. With the same address, you can store and interact with assets from different chains: Polygon, POA, etc.
All Ethereum-based blockchains are built on the Ethereum Virtual Machine (EVM), which provides a common set of rules and protocols that all Ethereum-based blockchains must adhere to achieve seamless communication.
(2) Wallet Connect works with any dApps
Wallet Connect is an open protocol that enables users to connect their Ethereum wallets to any Ethereum-based application using a QR code connection.
Wallet Connect provides a standardized way for users to take advantage of a wide range of services using the credentials and proofs stored inside NFTs, for example. The benefit for users involves efficiently managing their online identity and improving portability between many platforms and services.
WHY INTEROPERABILITY MATTERS
The advantages of interoperability go beyond seamless access. It's also about respecting user privacy. To fully understand what's revolutionary about interoperability in web3, let's take a step back to examine the interoperability limitations of web 2.0.
Interoperability in web 2.0
Interoperability is not a new concept. The planting of this seed took place in web 2.0. When creating an account with certain apps, we can sign up with a Facebook account, which saves us the hassle of remembering another password.
These options, however, come with strings attached. Facebook harvests and trades data, and once it has been shared, it cannot be returned, even if you request the deletion of your data from Facebook. If recent history is any guide, it would be unwise to trust your data to these third parties.
“The internet never forgets.” We’ve said it before, and we’ll say it again: in web 2.0, you never truly own your data. Instead, it's made vulnerable to “supposedly secure” servers controlled by tech giants.
We welcomed web 2.0’s promised interoperability; we didn't realize we’d be sacrificing our privacy in exchange.
Interoperability in web3
In web3, privacy is built in, not requested.
When connecting our wallet to a service, users are not required to share personal information with the platform because their data remains securely on their devices.
Essentially, users aren't sharing their information with the platform; they simply grant temporary access to their wallet when they connect it.
On the one hand, blockchain data is public and available to everyone. On the other, they are protected by user pseudonymity.
Interoperability allows brands to easily access on-chain data without worrying about the complexity of GDPR and other data protection regulations.
Interoperability also transitions businesses from a competitive to a cooperative model. As networks and assets may readily connect like lego pieces, it allows for the creation of powerful new products and cross-industry services.
Interoperability is a multi-faceted goal. At Arianee, the layer of interoperability we are providing allows wallets and dApps to communicate in the EVM (Ethereum Virtual Machine) environment. We’ll explore some concrete examples in the following part.
THE ARIANEE WALLET IS INTEROPERABLE
The Arianee Wallet is interoperable, which means you can connect it to any web3 app using Wallet Connect.
Wallet Connect makes it easy to link wallets and decentralized apps (dApps). When you log into a dApp, the Wallet Connect option is commonly available.
Upon choosing Wallet Connect, a QR code will appear on the screen. Scan it with the scanner in the Arianee app, and you are connected.
OpenSea is the world's biggest decentralized marketplace for buying and selling NFTs. From the Arianee Wallet, users can add their Arianee enriched NFTs to collections on OpenSea.
From there, users can transfer it to any ETH address without paying a gas fee. It’s on us!
Oncyber.io is a multiverse that allows artists and collectors to show their NFTs in fully immersive experiences (3D/VR) for free.
Arianee Wallet users can connect to Oncyber and display their tokens in the middle of their microverse. Because a collection is greater than the sum of its parts, users can start curating their own gallery and let the audience feel their taste in aggregate.
SPKZ.io is a token-gated community platform where each lounge is minted on-chain. Users get access to the lounges if their wallet content fits the requirements set by the owner, ensuring everyone they meet holds similar tokens.
The Arianee Wallet is interoperable with SPKZ.io via WalletConnect. No username, no password. The tokens you receive will serve as your key to entering a community of like-minded people.
We’ve saved the best for last. Users can store, read, display, and prove their POAP in all Arianee compatible wallet interfaces and mint a POAP on a wallet address generated on the fly, after scanning a QR code or receiving a link.
Brands will be able to mint POAP badges directly from the Arianee NFT Management platform, without any additional costs.
Just like cities must connect and trade to thrive, blockchain networks must also be able to work together to be successful. The challenge for web3 developers is creating a system that connects all the networks. At Arianee, we are creating solutions that align with this web3 philosophy, such as our Arianee Wallet and Enriched NFT, which allow for movement and connectivity outside of our own ecosystem. We believe that the key to web3's long-term success is the ability for assets and services to be easily transferable and accessible.