Skip to main content
Log in

A Novel Blockchain Strategy for Third Party Aware Crosschain Transaction Framework

  • Published:
Wireless Personal Communications Aims and scope Submit manuscript

Abstract

In the digital transaction application, the crosschain process has attracted recent researchers of their significance. However, providing security for the crosschain transaction process at every transaction is a complicated task due to the harmfulness of the third-party action. Hence, the present paper has designed a novel third party aware tiny crypto blockchain (TPATCB) concept for the crosschain transaction field. Here, the users were authenticated through the key verification process, and the crypto features of the TPATCB afforded the data hiding function. From the designed model, the transmitted currency types are Bitcoin, Ethereum and Ripple coin. Finally, the planned security protocol is tested in the Python Ethereum framework, and the transaction details are obtained through the etherscan framework. Finally, comparing the recent associated studies valued and justified the operational parameters. In that, the implemented novel TPATCB scored outstanding results in all aspects. It proves the flexibility score of the proposed TPATCB in the crosschain transaction system.

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

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Fig. 1
Fig. 2
Fig. 3
Fig. 4
Fig. 5
Fig. 6
Fig. 7
Fig. 8
Fig. 9
Fig. 10
Fig. 11
Fig. 12
Fig. 13

Similar content being viewed by others

Data Availability Statement

Data sharing not applicable to this article as no datasets were generated or analyzed during the current study.

References

  1. Amudha, G. (2022). Dilated transaction access and retrieval: Improving the information retrieval of blockchain-assimilated internet of things transactions. Wireless Personal Communication, 127, 85–105. https://doi.org/10.1007/s11277-021-08094-y

    Article  Google Scholar 

  2. Tripathi, A. K., Akul Krishnan, K., & Pandey, A. C. (2023). A novel blockchain and internet of things-based food traceability system for smart cities. Wireless Personal Communication. https://doi.org/10.1007/s11277-023-10230-9

    Article  Google Scholar 

  3. Abed, S., Jaffal, R., & Mohd, B. J. (2023). A review on blockchain and IoT integration from energy wireless personal communication. Security and Hardware Perspectives. https://doi.org/10.1007/s11277-023-10226-5

    Article  Google Scholar 

  4. Guo, H., Chen, M., & Ou, W. (2023). A lightweight NFT auction protocol for cross-chain environment. International Conference on Machine Learning for Cyber Security, Springer, Cham. https://doi.org/10.1007/978-3-031-20096-0_11

    Article  Google Scholar 

  5. He, H., Luo, Z., Wang, Q., Chen, M., He, H., Gao, L., & Zhang, H. (2020). Joint operation mechanism of distributed photovoltaic power generation market and carbon market based on cross-chain trading technology. IEEE Access, 8, 66116–66130. https://doi.org/10.1109/ACCESS.2020.2985577

    Article  Google Scholar 

  6. Yu, S., & Park, Y. (2022). A robust authentication protocol for wireless medical sensor networks using blockchain and physically unclonable functions. IEEE Internet of Things Journal, 9(20), 20214–20228. https://doi.org/10.1109/JIOT.2022.3171791

    Article  Google Scholar 

  7. Robinson, P. (2020). Performance overhead of atomic crosschain transactions. In 2020 IEEE symposium on computers and communications (ISCC), IEEE. https://doi.org/10.1109/ISCC50000.2020.9219738

  8. Li, A., D’Angelo, G., Tang, S. K., Fang, F., & Gong, B. (2022). An auditable confidentiality protocol for blockchain transactions. Cryptology ePrint Archive. https://doi.org/10.2139/ssrn.4345556

    Article  Google Scholar 

  9. Yeh, K. H., Yang, G. Y., Butpheng, C., Lee, L. F., & Liu, Y. H. (2022). A secure interoperability management scheme for cross-blockchain transactions. Symmetry, 14(12), 2473. https://doi.org/10.3390/sym14122473

    Article  Google Scholar 

  10. Bradach, B., Nogueira, J., Llambías, G., & Ruggia, R. (2022). A gateway-based interoperability solution for permissioned blockchains. In 2022 XVLIII Latin American computer conference (CLEI), IEEE. https://doi.org/10.1109/CLEI56649.2022.9959907

  11. Zhang, Y., Hu, S., Wang, Q., Qin, B., Wu, Q., & Shi, W. (2023). PXCrypto: A regulated privacy-preserving cross-chain transaction scheme. In Algorithms and Architectures for Parallel Processing: 22nd International Conference, ICA3PP 2022, Copenhagen, Denmark, October 10–12, 2022, Proceedings, Cham: Springer Nature Switzerland. https://doi.org/10.1007/978-3-031-22677-9_10

  12. Li, Y., Liu, H., & Tan, Y. (2022). POLYBRIDGE: A crosschain bridge for heterogeneous blockchains. In 2022 IEEE international conference on blockchain and cryptocurrency (ICBC), IEEE. https://doi.org/10.1109/ICBC54727.2022.9805525

  13. Robinson, P. (2021). Survey of crosschain communications protocols. Computer Networks, 200, 108488. https://doi.org/10.1016/j.comnet.2021.108488

    Article  Google Scholar 

  14. Sai, K., & Tipper, D. (2019). Disincentivizing double spend attacks across interoperable blockchains. 2019 First IEEE international conference on trust, privacy and security in intelligent systems and applications (TPS-ISA), IEEE. https://doi.org/10.1109/TPS-ISA48467.2019.00014

  15. Robinson, P., & Ramesh, R. (2021). General purpose atomic crosschain transactions. 2021 3rd Conference on blockchain research & applications for innovative networks and services (BRAINS), IEEE. https://doi.org/10.1109/BRAINS52497.2021.9569837

  16. Tian, H., Xue, K., Luo, X., Li, S., Xu, J., Liu, J., Zhao, J., & Wei, D. S. L. (2021). Enabling cross-chain transactions: A decentralized cryptocurrency exchange protocol. IEEE Transactions on Information Forensics and Security, 16, 3928–3941. https://doi.org/10.1109/TIFS.2021.3096124

    Article  Google Scholar 

  17. Mohanty, D., Anand, D., Aljahdali, H. M., & Villar, S. G. (2022). Blockchain interoperability: Towards a sustainable payment system. Sustainability, 14(2), 913. https://doi.org/10.3390/su14020913

    Article  Google Scholar 

  18. Wang, Y., Yang, B., Liu, J., Zeng, H., & Xia, C. (2022). Virtual chain: A storage model supporting cross‐blockchain transaction. Concurrency and Computation: Practice and Experience, 34(12), e5899. https://doi.org/10.1002/cpe.5899

  19. Rožman, N., Diaci, J., & Corn, M. (2021). Scalable framework for blockchain-based shared manufacturing. Robotics and Computer-Integrated Manufacturing, 71, 102139. https://doi.org/10.1016/j.rcim.2021.102139

    Article  Google Scholar 

  20. Xiong, A., Liu, G., Zhu, Q., Jing, A., & Loke, S. W. (2022). A notary group-based cross-chain mechanism. Digital Communications and Networks, 8(6), 1059–1067. https://doi.org/10.1016/j.dcan.2022.04.012

    Article  Google Scholar 

  21. Deng, L., Chen, H., Zeng, J., & Zhang, L. J. (2018). Research on cross-chain technology based on sidechain and hash-locking. International conference on edge computing, Springer, Cham. https://doi.org/10.1007/978-3-319-94340-4_12

    Article  Google Scholar 

  22. Hei, Y., Li, D., Zhang, C., Liu, J., Liu, Y., & Wu, Q. (2022). Practical agentchain: A compatible cross-chain exchange system. Future Generation Computer Systems, 130, 207–218. https://doi.org/10.1016/j.future.2021.11.029

    Article  Google Scholar 

  23. Su, H., Guo, B., Lu, J. Y., & Suo, X. (2022). Cross-chain exchange by transaction dependence with conditional transaction method. Soft Computing, 26(3), 961–976. https://doi.org/10.1007/s00500-021-06577-5

    Article  Google Scholar 

  24. Wang, Z., Li, J., Chen, X. B., & Li, C. (2022). A secure cross-chain transaction model based on quantum multi-signature. Quantum Information Processing, 21(8), 1–24. https://doi.org/10.1007/s11128-022-03600-y

    Article  MathSciNet  MATH  Google Scholar 

  25. Zhang, T., & Huang, Z. (2022). Blockchain and central bank digital currency. ICT Express, 8(2), 264–270. https://doi.org/10.1016/j.icte.2021.09.014

    Article  Google Scholar 

  26. Robinson, P., Ramesh, R., & Johnson, S. (2022). Atomic crosschain transactions for Ethereum private sidechains. Blockchain: Research and Applications, 3(1), 100030. https://doi.org/10.1016/j.bcra.2021.100030

  27. Khor, J. H., Sidorov, M., & Zulqarnain, S. A. B. (2023). Scalable lightweight protocol for interoperable public blockchain-based supply chain ownership management. Sensors, 23(7), 3433. https://doi.org/10.3390/s23073433

    Article  Google Scholar 

  28. Sun, N., Zhang, Y., & Liu, Y. (2023). A universal privacy-preserving multi-blockchain aggregated identity scheme. Applied Sciences, 13(6), 3806. https://doi.org/10.3390/app13063806

    Article  Google Scholar 

  29. Ryu, J., Son, S., Lee, J., Park, Y., & Park, Y. (2022). Design of secure mutual authentication scheme for metaverse environments using blockchain. IEEE Access, 10, 98944–98958. https://doi.org/10.1109/ACCESS.2022.3206457

    Article  Google Scholar 

  30. Rachmawati, D., Sharif, A., & Budiman, M. A. (2018). Hybrid cryptosystem using tiny encryption algorithm and luc algorithm. IOP conference series: materials science and engineering (vol. 300, no. 1, pp. 012042). IOP Publishing. https://doi.org/10.1088/1757-899X/300/1/012042

  31. Regueiro, C., Seco, I., de Diego, S., Lage, O., & Etxebarria, L. (2021). Privacy-enhancing distributed protocol for data aggregation based on blockchain and homomorphic encryption. Information Processing & Management, 58(6), 102745. https://doi.org/10.1016/j.ipm.2021.102745

    Article  Google Scholar 

Download references

Acknowledgements

None

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to S. Madhuri.

Ethics declarations

Conflict of Interest

The authors declare that they have no potential conflict of interest.

Statement of Animal and Human Rights

All applicable institutional and/or national guidelines for the care and use of animals were followed.

Informed Consent

For this type of analysis formal consent is not needed.

Additional information

Publisher's Note

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Rights and permissions

Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law.

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Madhuri, S., Nagalakshmi, V. A Novel Blockchain Strategy for Third Party Aware Crosschain Transaction Framework. Wireless Pers Commun 131, 2897–2917 (2023). https://doi.org/10.1007/s11277-023-10588-w

Download citation

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s11277-023-10588-w

Keywords

Navigation