Consensys has introduced what it calls Sovereign Network Interoperability, aimed at letting institutions settle securities, exchange currencies and post collateral across independent ledgers without bridges or moving assets to a shared ledger. The core component is CLIP, the Cross Ledger Interoperability Protocol, which uses zero-knowledge proofs to verify cross-ledger execution while assets remain on their native ledgers, with no added trusted intermediaries. The company says each trade stays visible only to the parties involved, combining privacy with interoperability on Ethereum, and that CLIP draws on a decade of Consensys experience.

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