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Towards Blockchain Interoperability

Schulte, Stefan and Sigwart, Marten and Frauenthaler, Philipp and Borkowski, Michael (2019) Towards Blockchain Interoperability. Springer. 17th International Conference on Business Process Management: Blockchain and Central and Eastern Europe Forum, 2019-09-01 - 2019-09-06, Wien, Österreich. doi: 10.1007/978-3-030-30429-4_1.

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In recent years, distributed ledger technologies like blockchains have gained much popularity both within industry and research. Today, blockchains do not only act as the underlying technology for cryptocurrencies like Bitcoin, but have also been identified as a potentially disruptive technology in many different fields, e.g., supply chain tracking and healthcare. The widespread attention for blockchains has led to manifold research and development activities. As a result, today's blockchain landscape is heavily fragmented, with different, incompatible technologies being available to potential users. Since interoperability between different blockchains is usually not foreseen in existing protocols and standards, functionalities like sending tokens from one participant to another, or invoking and executing smart contracts can only be carried out within a single blockchain. In this paper, we discuss the need for blockchain interoperability and how it could help to stimulate a paradigm shift from today's closed blockchains to an open system where devices and users can interact with each other across the boundaries of blockchains. For this, we consider the areas of cross-blockchain token transfers, as well as cross-blockchain smart contract invocation and interaction.

Item URL in elib:https://elib.dlr.de/128486/
Document Type:Conference or Workshop Item (Keynote)
Title:Towards Blockchain Interoperability
AuthorsInstitution or Email of AuthorsAuthor's ORCID iDORCID Put Code
Schulte, StefanUNSPECIFIEDhttps://orcid.org/0000-0001-6828-9945UNSPECIFIED
Borkowski, MichaelUNSPECIFIEDhttps://orcid.org/0000-0003-3440-8592UNSPECIFIED
Date:September 2019
Refereed publication:No
Open Access:No
Gold Open Access:No
In ISI Web of Science:No
Series Name:Lecture Notes in Business Information Processing
Keywords:blockchain, interoperability, distributed ledger
Event Title:17th International Conference on Business Process Management: Blockchain and Central and Eastern Europe Forum
Event Location:Wien, Österreich
Event Type:international Conference
Event Start Date:1 September 2019
Event End Date:6 September 2019
Organizer:Wirtschaftsuniversität Wien
HGF - Research field:other
HGF - Program:other
HGF - Program Themes:other
DLR - Research area:no assignment
DLR - Program:no assignment
DLR - Research theme (Project):no assignment
Location: Braunschweig
Institutes and Institutions:Institute of Flight Guidance > Pilot Assistance
Deposited By: Borkowski, Michael
Deposited On:18 Nov 2019 09:34
Last Modified:24 Apr 2024 20:32

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