Related papers: Connecting Distributed Ledgers: Surveying Novel In…
The tokenization of assets deployed to distributed ledger technology is increasingly cited to revolutionize financial services by allowing traditionally illiquid assets to be bought and sold on primary and secondary markets increasing asset…
Smart contracts show a high potential for ensuring that Supply Chain Management strategies make a qualitative leap toward higher levels of optimality, not only in terms of efficiency and profitability but also in the aggregation of skills…
Blockchain systems have received much attention and promise to revolutionize many services. Yet, despite their popularity, current blockchain systems exist in isolation, that is, they cannot share information. While interoperability is…
The maturing of blockchain technology leads to heterogeneity, where multiple solutions specialize in a particular use case. While the development of different blockchain networks shows great potential for blockchains, the isolated networks…
The interblockchain communication protocol (IBC) is an end-to-end, connection-oriented, stateful protocol for reliable, ordered, and authenticated communication between modules on separate distributed ledgers. IBC is designed for…
Blockchain is a core technology to manage the value of cryptocurrencies, or to record trails of important business trades. The Smart Contract on blockchain is expected to improve security on blockchain system with automated operation, but…
Blockchain has received increasing attention in academia and industry. However, the increasing transaction volumes and limited on-chain storage underscore scalability as a key challenge hindering the widespread adoption of blockchain.…
The global financial landscape is experiencing significant transformation driven by technological advancements and evolving market dynamics. Moreover, blockchain technology has become a pivotal platform with widespread applications,…
Enterprises have been attracted by the capability of blockchains to provide a single source of truth for workloads that span companies, geographies, and clouds while retaining the independence of each party's IT operations. However, so far…
Interoperability is essential for transforming blockchains from isolated networks into collaborative ecosystems, unlocking their full potential. While significant progress has been made in public blockchain interoperability, bridging…
A plethora of different blockchain platforms have emerged in recent years, but many of them operate in silos. As such, there is a need for reliable cross-chain communication to enable blockchain interoperability. Blockchain interoperability…
The development of underlying technologies in blockchain mostly revolves around a difficult problem: how to enhance the performance of the system and reduce various costs of nodes (such as communication, storage and verification) without…
Current blockchain technologies provide very limited interoperability. Restrictions with regards to asset transfers and data exchange between different blockchains reduce usability and comfort for users, and hinder novel developments within…
Fintech business models based on distributed ledgers -- and their smart-contract variants in particular -- offer the prospect of democratizing access to faster, anywhere-accessible, lower cost, reliable-and-secure high-quality financial…
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…
Distributed ledger technology such as blockchain is considered essential for supporting large numbers of micro-transactions in the Machine Economy, which is envisioned to involve billions of connected heterogeneous and decentralized…
In this paper we describe the design components of the heterogenous multi-chain protocol Polkadot and explain how these components help Polkadot address some of the existing shortcomings of blockchain technologies. At present, a vast number…
Permissioned ledger technologies have gained significant traction over the last few years. For practical reasons, their applications have focused on transforming narrowly scoped use-cases in isolation. This has led to a proliferation of…
Distributed ledger systems have become more prominent and successful in recent years, with a focus on blockchains and cryptocurrency. This has led to various misunderstandings about both the technology itself and its capabilities, as in…
Payment systems are a critical component of everyday life in our society. While in many situations payments are still slow, opaque, siloed, expensive or even fail, users expect them to be fast, transparent, cheap, reliable and global.…