Blockchain is often described as a decentralized technology, but not every blockchain is decentralized to the same degree. Some networks are highly distributed across thousands of participants worldwide, while others rely on a relatively small number of organizations to validate transactions and make decisions.

Blockchain technology has evolved far beyond the early days when each network operated largely in isolation. Today, hundreds of blockchains exist, each offering unique features, communities, applications, and digital assets. While this diversity has encouraged innovation, it has also created fragmentation. Assets and data stored on one blockchain are often unable to move directly to another without additional infras…