Different versions of peer-to-peer electronic cash exist as data represented by separate blockchains. Payments between such systems cannot be sent directly from one party to another without going through a financial institution. Bitcoin provided part of the solution but its utility is limited to intra-blockchain transactions. The benefits are lost if a trusted third party is required to execute inter-blockchain transactions. We propose a solution to the inter-blockchain transaction problem using the same fundamental principles of Bitcoin. The protocol is described by the Uberledger framework, a hierarchical meta-blockchain layer that encapsulates information regarding the fidelity of peer-to-peer transaction facilitators.
@article{arxiv.1609.02598,
title = {Disintermediation of Inter-Blockchain Transactions},
author = {S. Matthew English and Fabrizio Orlandi and Soeren Auer},
journal= {arXiv preprint arXiv:1609.02598},
year = {2016}
}