Skip to main content
SpringerLink
Log in

Towards an Enterprise Blockchain Interoperability Framework: A Case of the Banking Sector

  • Conference paper
  • First Online:
Blockchain and Applications, 5th International Congress (BLOCKCHAIN 2023)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 778))

Included in the following conference series:

  • 222 Accesses

Abstract

Blockchain technology offers attractive benefits to many industries, however, realizing these benefits is hindered by the lack of interoperability between different blockchain systems and other non-blockchain systems. The lack of standards, models and frameworks that guide the development of blockchain systems has led to fragmented systems that are unable to share information seamlessly without employing a central party. This PhD study proposes a generic blockchain interoperability framework to assist organizations in making the appropriate design choices for interoperable blockchain systems. The study tackles blockchain interoperability from a General Systems Theory perspective and focuses on the four levels of interoperability (legal, organizational, semantic and technical) and focuses on the banking sector as a case study. This paper presents the preliminary findings of the study, and the proposed frameworks and highlights the next steps.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 149.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 199.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Sakho, S., et al.: Improving banking transactions using blockchain technology. In: 2019 IEEE 5th International Conference on Computer and Communications (ICCC). IEEE (2019). https://doi.org/10.1109/ICCC47050.2019.9064344

  2. Ghaemi, S., et al.: A pub-sub architecture to promote blockchain interoperability. arXiv preprint arXiv:2101.12331 (2021)

  3. Liu, Z., et al.: HyperService: interoperability and programmability across heterogeneous blockchains. In: Proceedings of the 2019 ACM SIGSAC Conference on Computer and Communications Security, pp. 549–566. Association for Computing Machinery, London (2019). https://doi.org/10.1145/3319535.3355503

  4. Belchior, R., et al.: A survey on blockchain interoperability: past, present, and future trends. ACM Comput. Surv. (CSUR) 54(8), 1–41 (2021). https://doi.org/10.1145/3471140

    Article  Google Scholar 

  5. Hardjono, T., Lipton, A., Pentland, A.: Toward an interoperability architecture for blockchain autonomous systems. IEEE Trans. Eng. Manage. 67(4), 1298–1309 (2019). https://doi.org/10.1109/TEM.2019.2920154

    Article  Google Scholar 

  6. Abebe, E., et al.: Enabling enterprise blockchain interoperability with trusted data transfer (industry track). In: Proceedings of the 20th International Middleware Conference Industrial Track, pp. 29–35. Association for Computing Machinery, Davis (2019). https://doi.org/10.1145/3366626.3368129

  7. Pillai, B., Biswas, K., Muthukkumarasamy, V.: Cross-chain interoperability among blockchain-based systems using transactions. Knowl. Eng. Rev. (2020). https://doi.org/10.1017/S0269888920000314

  8. Bhatia, R.: Interoperability solutions for blockchain. In: 2020 International Conference on Smart Technologies in Computing, Electrical and Electronics (ICSTCEE). IEEE (2020). https://doi.org/10.1109/ICSTCEE49637.2020.9277054

  9. Qasse, I.A., Talib, M.A., Nasir, Q.: Inter blockchain communication: a survey. In: ACM International Conference Proceeding Series (2019). https://doi.org/10.1145/3333165.3333167

  10. Belchior, R., et al.: Do you need a distributed ledger technology interoperability solution? Distrib. Ledger Technol. (2022). https://doi.org/10.1145/3564532

  11. Llambias, G., González, L., Ruggia, R.: Blockchain interoperability: a feature-based classification framework and challenges ahead. CLEI Electron. J. 25(3), 4:1–4:29 (2022). https://doi.org/10.19153/cleiej.25.3.4

  12. Pillai, B., et al.: Cross-blockchain technology: integration framework and security assumptions. IEEE Access 10, 41239–41259 (2022). https://doi.org/10.1109/ACCESS.2022.3167172

    Article  Google Scholar 

  13. Pillai, B., et al.: Blockchain interoperability: performance and security trade-offs. In: Proceedings of the 20th ACM Conference on Embedded Networked Sensor Systems, pp. 1196–1201. Association for Computing Machinery, Boston (2023). https://doi.org/10.1145/3560905.3568176

  14. Nodehi, T., et al.: EBDF: The enterprise blockchain design framework and its application to an e-Procurement ecosystem. Comput. Ind. Eng. 171, 108360 (2022). https://doi.org/10.1016/j.cie.2022.108360

    Article  Google Scholar 

  15. Peffers, K., et al.: A design science research methodology for information systems research. J. Manag. Inf. Syst. 24(3), 45–77 (2007). https://doi.org/10.2753/MIS0742-12222240302

    Article  Google Scholar 

  16. Van Aken, J.E.: Management research as a design science: articulating the research products of mode 2 knowledge production in management. Br. J. Manag. 16(1), 19–36 (2005). https://doi.org/10.1111/j.1467-8551.2005.00437.x

    Article  Google Scholar 

  17. Mafike, S.S., Mawela, T.: Blockchain design and implementation techniques, considerations and challenges in the banking sector: a systematic literature review. Acta Inform. Pragensia 2022(3), 396–422 (2022). https://doi.org/10.18267/j.aip.200

    Article  Google Scholar 

  18. Naudet, Y., et al.: Towards a systemic formalisation of interoperability. Comput. Ind. 61(2), 176–185 (2010). https://doi.org/10.1016/j.compind.2009.10.014

    Article  MathSciNet  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. University of Pretoria, Hatfield, Pretoria, 0002, South Africa

    Senate Sylvia Mafike & Tendani Mawela

Authors
  1. Senate Sylvia Mafike
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Tendani Mawela
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Senate Sylvia Mafike .

Editor information

Editors and Affiliations

  1. Universidade do Minho, Braga, Portugal

    José Manuel Machado

  2. BISITE research group, University of Salamanca, Salamanca, Spain

    Javier Prieto

  3. Guarda Polytechnic Institute, Guarda, Portugal

    Paulo Vieira

  4. Universidade do Minho, Braga, Portugal

    Hugo Peixoto

  5. Universidade do Minho, Braga, Portugal

    António Abelha

  6. Científicas, ITEFI, Instituto de Física Aplicada, Consejo Superior de Investigaciones, Madrid, Spain

    David Arroyo

  7. Pappelallee, IOTA Foundation, Berlin, Germany

    Luigi Vigneri

Rights and permissions

Reprints and permissions

Copyright information

© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Mafike, S.S., Mawela, T. (2023). Towards an Enterprise Blockchain Interoperability Framework: A Case of the Banking Sector. 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_54

Download citation

Publish with us

Policies and ethics

Search

Navigation