M. Sigwart, Philipp Frauenthaler, Christof Spanring, Stefan Schulte
{"title":"Decentralized Cross-Blockchain Asset Transfers","authors":"M. Sigwart, Philipp Frauenthaler, Christof Spanring, Stefan Schulte","doi":"10.1109/BCCA53669.2021.9657007","DOIUrl":null,"url":null,"abstract":"Today, several solutions for cross-blockchain asset transfers exist. However, these solutions are either tailored to specific assets or neglect finality guarantees that prevent assets from getting lost in transit. In this paper, we present a cross-blockchain asset transfer protocol that supports arbitrary assets and adheres to finality requirements. The ability to freely transfer assets between blockchains may increase transaction throughput and provide developers with more flexibility by allowing them to design digital assets that leverage the capacities and capabilities of multiple blockchains.","PeriodicalId":202582,"journal":{"name":"2021 Third International Conference on Blockchain Computing and Applications (BCCA)","volume":"94 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"14","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2021 Third International Conference on Blockchain Computing and Applications (BCCA)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/BCCA53669.2021.9657007","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 14
Abstract
Today, several solutions for cross-blockchain asset transfers exist. However, these solutions are either tailored to specific assets or neglect finality guarantees that prevent assets from getting lost in transit. In this paper, we present a cross-blockchain asset transfer protocol that supports arbitrary assets and adheres to finality requirements. The ability to freely transfer assets between blockchains may increase transaction throughput and provide developers with more flexibility by allowing them to design digital assets that leverage the capacities and capabilities of multiple blockchains.
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