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Bridging Protocols in DAG-Based DLTs: Facilitating Interaction Between IOTA and Other DLT Networks

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Blockchain and Applications, 5th International Congress (BLOCKCHAIN 2023)

Abstract

While Distributed Ledger Technologies offer (DLT) increased security, transparency, and resilience, the decentralized ecosystem is currently fragmented, lacking interoperability between different DLT platforms. Bridging protocols act as a bridge between different DLT networks, enabling the transfer of assets and data across disparate systems. This paper explores the development of bridging protocols in DAG-based DLTs, with a focus on facilitating interaction between IOTA and other networks. This paper offers insights into the characteristics and requirements of effective bridging protocols, which are crucial for realizing the full potential of DLTs and unlocking new use cases for decentralized systems.

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Acknowledgements

This research has been supported by the project “COordinated intelligent Services for Adaptive Smart areaS (COSASS), Reference: PID2021-123673OB-C33, financed by MCIN /AEI /10.13039/501100011033/FEDER, UE.

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Correspondence to Yeray Mezquita .

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López, C.Á., Mezquita, Y., Valdeolmillos, D. (2023). Bridging Protocols in DAG-Based DLTs: Facilitating Interaction Between IOTA and Other DLT Networks. In: Machado, J.M., et al. Blockchain and Applications, 5th International Congress. BLOCKCHAIN 2023. Lecture Notes in Networks and Systems, vol 778. Springer, Cham. https://doi.org/10.1007/978-3-031-45155-3_45

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