Sharing Fungible Assets Across Polkadot Paraverse
Dušan Morháč, Viktor Valaštín, Kristián Košťál · 2022 International Conference on Electrical, Computer and Energy Technologies (ICECET) · 2022
Fungible asset sharing in cross-blockchain technology is becoming more popular and more developed. Blockchain interoperability at the beginning of blockchain technology was practically non-existent. The first blockchains did not have any communication possibilities with the other chains. Crossblockchain asset sharing became possible with the recent rise in popularity of blockchain interoperability. Newly developed blockchains are slowly implementing cross-blockchain sharing capabilities as standard features. This interoperability allows for many new significant use cases, such as in the gig economy or decentralized finances. This paper proposes a cross-blockchain fungible asset sharing system that will be able to transfer assets across specific Polkadot paraverse ecosystem Parachains.