publication . Preprint . 2016

Disintermediation of Inter-Blockchain Transactions

English, S. Matthew; Orlandi, Fabrizio; Auer, Soeren;
Open Access English
  • Published: 08 Sep 2016
Abstract
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 reg...
Subjects
free text keywords: Computer Science - Cryptography and Security
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