Separate-Ground voltage measurement

I cant draw in while in office, but exactly as the schematics here:

GND left and right are of course different ones.

MAP_SIGNAL would be TX, OUTPUT_TO_ARDUINO - RX

Doing 2 such "channels" for software serial comm, one going from Arduino1 to Arduino2, and one in the other direction. Or would just one such "channel" suffice for one way communication?