What is Interchain?
The Interchain is a Smart Contract which can watch a blockchain of the user’s choice for incoming transactions or fire smart contracts on Dragonchain or another public blockchain.
Interchain: connecting one blockchain platform to another.
The Interchain is a Smart Contract which allows Dragonchain blockchains to connect with external blockchains (e.g. NEO, Ethereum, etc.). The interchain’s capabilities include: watching the transactions on a chain and/or address of the user’s choice, firing smart contracts on Dragonchain or other public chains, moving tokens or currency on Dragonchain or other chains, and using a public chain for a transparent process of selective parts of the user’s business logic.
A small grocery store uses multiple suppliers to get their produce. Each supplier uses a different blockchain to complete their transactions on; one uses Ethereum, another uses NEO, and another uses Ark. The store does not want to commit to one blockchain over another. Instead, the store uses Dragonchain to monitor each blockchain. With Dragonchain’s Interchain, the store is able to monitor transactions and interact with different blockchains all in one place and implement business logic agnostic to whatever blockchain is being used.