Automated Gateways: A Smart Contract-Powered Solution for Interoperability Across Blockchains
- URL: http://arxiv.org/abs/2407.13001v2
- Date: Fri, 19 Jul 2024 15:59:28 GMT
- Title: Automated Gateways: A Smart Contract-Powered Solution for Interoperability Across Blockchains
- Authors: Koosha Esmaeilzadeh Khorasani, Sara Rouhani, Rui Pan, Vahid Pourheidari,
- Abstract summary: This study introduces Automated Gateways as a novel framework leveraging smart contracts to facilitate interoperability.
By implementing fine-grained access control mechanisms, smart contracts within this framework manage accessibility and authorization for cross-chain interactions.
- Score: 4.86520444802828
- License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
- Abstract: Interoperability is a significant challenge in blockchain technology, hindering seamless data and service sharing across diverse blockchain networks. This study introduces Automated Gateways as a novel framework leveraging smart contracts to facilitate interoperability. Unlike existing solutions, which often require adopting new technologies or relying on external services, Automated Gateways framework is integrated directly with a blockchain's core infrastructure to enhance systems with built-in interoperability features. By implementing fine-grained access control mechanisms, smart contracts within this framework manage accessibility and authorization for cross-chain interactions and facilitate streamlining the selective sharing of services between blockchains. Our evaluation demonstrates the framework's capability to handle cross-chain interactions efficiently, significantly reduce operational complexities, and uphold transactional integrity and security across different blockchain networks. With its focus on user-friendliness, self-managed permissions, and independence from external platforms, this framework is designed to achieve broader adoption within the blockchain community.
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