The Burn-to-Claim cross-blockchain asset transfer protocol

Conference paper

Pillai, Babu, Biswas, Kamanashis, Hou, Zhe and Muthukkumarasamy, Vallipuram. (2020). The Burn-to-Claim cross-blockchain asset transfer protocol. 25th International Conference on Engineering of Complex Computer Systems (ICECCS). 28 - 31 Oct 2020 IEEE Xplore. pp. 119-124 https://doi.org/10.1109/ICECCS51672.2020.00021
AuthorsPillai, Babu, Biswas, Kamanashis, Hou, Zhe and Muthukkumarasamy, Vallipuram
TypeConference paper
Abstract

The future of multi-blockchain architecture depends on the emergence of new protocols that achieve communication between trustless cross-chain participants. However, interoperability between blockchains remains an open problem. Existing approaches provide integration through solutions using a middleware system, which makes it harder to gain confidence mainly in terms of security and correctness of the process. A cross-chain protocol needs to provide a self-verifiable state-proof that embeds trust in the transfer process. We propose a Burn-to-Claim cross-chain protocol to seamlessly exchange assets between networks. Our scheme transfers assets from one blockchain system to another in a way that the asset is burned from the source blockchain and claimed on the destination blockchain. Our mechanism employs combinations of crypto mechanisms such as digital signatures and time lock to operate the protocol in a distributed manner. We provide an analysis which proves that our cross-chain protocol transfers assets correctly and securely.

Year2020
PublisherIEEE Xplore
Digital Object Identifier (DOI)https://doi.org/10.1109/ICECCS51672.2020.00021
Scopus EID2-s2.0-85103496175
Publisher's version
License
All rights reserved
File Access Level
Controlled
Page range119-124
Book editorLi, Yi
Liew, Alan
ISBN9781728185583
9781728185590
Output statusPublished
Publication dates
Online19 Mar 2021
Publication process dates
Deposited11 Oct 2021
Permalink -

https://acuresearchbank.acu.edu.au/item/8wwyw/the-burn-to-claim-cross-blockchain-asset-transfer-protocol

Log in to edit

Restricted files

Publisher's version

  • 81
    total views
  • 0
    total downloads
  • 1
    views this month
  • 0
    downloads this month
These values are for the period from 19th October 2020, when this repository was created.

Export as

Related outputs

Robust integration of blockchain and explainable federated learning for automated credit scoring
Jovanovic, Zorka, Hou, Zhe, Biswas, Kamanashis and Muthukkumarasamy, Vallipuram. (2024). Robust integration of blockchain and explainable federated learning for automated credit scoring. Computer Networks. 243, pp. 1-16. https://doi.org/10.1016/j.comnet.2024.110303
Impacts of integration of learning activities with video modules in asynchronous learning
Biswas, Kamanashis, Sridharan, Bhavani and Chowdhury, Mohammad. (2023). Impacts of integration of learning activities with video modules in asynchronous learning. Australia: Australasian Association for Engineering Education. pp. 1
A multipath routing protocol for secure energy efficient communication in Wireless Sensor Networks
Biswas, Kamanashis, Muthukkumarasamy, Vallipuram, Chowdhury, Mohammad Jabed Morshed, Wu, Xin-Wen and Singh, Kalvinder. (2023). A multipath routing protocol for secure energy efficient communication in Wireless Sensor Networks. Computer Networks. 232, p. Article 109842. https://doi.org/10.1016/j.comnet.2023.109842
Introduction to blockchain technology with Bitcoin protocol
Pillai, Babu, Tharani, Jeyakumar Samantha, Hou, Zhe, Biswas, Kamanashis and Muthukkumarasamy, Vallipuram. (2023). Introduction to blockchain technology with Bitcoin protocol. In In Pal, Shantanu, Jadidi, Zahra, Foo, Ernest and Mukhopadhyay, Subhas C. (Ed.). Emerging smart technologies for critical infrastructure pp. 119-137 Springer. https://doi.org/10.1007/978-3-031-29845-5_6
Blockchain interoperability : Performance and security trade-offs
Pillai, Babu, Hóu, Zhé, Biswas, Kamanashis, Bui, Vinh and Muthukkumarasamy, Vallipuram. (2023). Blockchain interoperability : Performance and security trade-offs. 20th ACM Conference on Embedded Networked Sensor Systems (SenSys 2022). Boston, Massachusetts 06 - 09 Nov 2022 New York, New York: Association for Computing Machinery. pp. 1196-1201 https://doi.org/10.1145/3560905.3568176
Cross-blockchain technology : Integration framework and security assumptions
Pillai, Babu, Biswas, Kamanashis, Hóu, Zhé and Muthukkumarasamy, Vallipuram. (2022). Cross-blockchain technology : Integration framework and security assumptions. IEEE Access. 10, pp. 41239-41259. https://doi.org/10.1109/ACCESS.2022.3167172
A cross-layer trust-based consensus protocol for peer-to-peer energy trading using fuzzy logic
Chowdhury, Mohammad Jabed M., Usman, Muhammad, Ferdous, Md Sadek, Chowdhury, Niaz, Harun, Anam Ibna, Jannat, Umme Sumaya and Biswas, Kamanashis. (2022). A cross-layer trust-based consensus protocol for peer-to-peer energy trading using fuzzy logic. IEEE Internet of Things Journal. 9(16), pp. 14779-14789. https://doi.org/10.1109/JIOT.2021.3063710
A human-in-the-loop probabilistic CNN-fuzzy logic framework for accident prediction in vehicular networks
Usman, Muhammad, Carie, Anil, Marapelli, Bhaskar, Bedru, Hayat Dino and Biswas, Kamanashis. (2021). A human-in-the-loop probabilistic CNN-fuzzy logic framework for accident prediction in vehicular networks. IEEE Sensors Journal. 21(14), pp. 15496-15503. https://doi.org/10.1109/JSEN.2020.3023661
Burn-to-claim : An asset transfer protocol for blockchain interoperability
Pillai, Babu, Biswas, Kamanashis, Hóu, Zhé and Muthukkumarasamy, Vallipuram. (2021). Burn-to-claim : An asset transfer protocol for blockchain interoperability. Computer Networks. 200, p. Article 108495. https://doi.org/10.1016/j.comnet.2021.108495
Immutable autobiography of smart cars leveraging blockchain technology
Ferdous, M. D. Sadek, Chowdhury, Mohammad Jabed Morshed, Biswas, Kamanashis, Chowdhury, Niaz and Muthukkumarasamy, Vallipuram. (2020). Immutable autobiography of smart cars leveraging blockchain technology. Cambridge University Press. 35(e3), pp. 1-17. https://doi.org/10.1017/S0269888920000028
Software-defined application-specific traffic management for wireless body area networks
Hasan, Khalid, Ahmed, Khandakar, Biswas, Kamanashis, Saiful Islam, Md and Ameri Sianaki, Omid. (2020). Software-defined application-specific traffic management for wireless body area networks. Future Generation Computer Systems. 107, pp. 274-285. https://doi.org/10.1016/j.future.2020.01.052
A survey on blockchain-based platforms for IoT use-cases
Chowdhury, Mohammad, Jabed Morshed, Ferdous, Md Sadek, Biswas, Kamanashis, Chowdhury, Niaz and Muthukkumarasamy, Vallipuram. (2020). A survey on blockchain-based platforms for IoT use-cases. Knowledge Engineering Review. 35, p. Article: 19. https://doi.org/10.1017/S0269888920000284
Control plane optimisation for an SDN-Based WBAN framework to support healthcare applications
Hasan, Khalid, Ahmed, Khandakar, Biswas, Kamanashis, Islam, Md S., Kayes, A. S. M. and Islam, S. M. Riazul. (2020). Control plane optimisation for an SDN-Based WBAN framework to support healthcare applications. Sensors. 20(15), pp. 1-19. https://doi.org/10.3390/s20154200
COVID-19 contact tracing : Challenges and future directions
Chowdhury, M. J. M., Ferdous, M. S., Biswas, K., Chowdhury, N. and Muthukkumarasamy, V.. (2020). COVID-19 contact tracing : Challenges and future directions. IEEE Access. 8, pp. 225703-225729. https://doi.org/10.1109/ACCESS.2020.3036718
Cross-chain interoperability among blockchain-based systems using transactions
Pillai, Babu, Biswas, Kamanashis and Muthukkumarasamy, Vallipuram. (2020). Cross-chain interoperability among blockchain-based systems using transactions. Knowledge Engineering Review. 35(e23), pp. 1 - 17. https://doi.org/10.1017/S0269888920000314
A comprehensive review of wireless body area network
Hasan, Khalid, Biswas, Kamanashis, Ahmed, Khandakar, Nafi, Nazmus S. and Islam, Md Saiful. (2019). A comprehensive review of wireless body area network. Journal of Network and Computer Applications. 143, pp. 178-198. https://doi.org/10.1016/j.jnca.2019.06.016
A comparative analysis of distributed ledger technology platforms
Chowdhury, M. J. M., Ferdous, M. S., Biswas, K., Chowdhury, N., Kayes, A. S. M., Alazab, M. and Watters, P.. (2019). A comparative analysis of distributed ledger technology platforms. IEEE Access. 7, pp. 167930-167943. https://doi.org/10.1109/ACCESS.2019.2953729
A novel framework for software defined wireless body area network
Hasan, Khalid, Wu, Xin-Wen, Biswas, Kamanashis and Ahmed, Khandakar. (2019). A novel framework for software defined wireless body area network. 8th International Conference on Intelligent Systems, Modelling and Simulation (ISMS). Kuala Lumpur, Malaysia, Malaysia 08 May 2018 - 29 Apr 2019 IEEE Xplore. pp. 114-119 https://doi.org/10.1109/ISMS.2018.00031
Blockchain interoperable digital objects
Pillai, Babu, Biswas, Kamanashis and Muthukkumarasamy, Vallipuram. (2019). Blockchain interoperable digital objects. Blockchain – ICBC 2019. 25 - 30 Jun 2019 Springer Nature Switzerland AG. pp. 80-94 https://doi.org/10.1007/978-3-030-23404-1_6
Integrated platforms for blockchain enablement
Ferdous, Md Sadek, Biswas, Kamanashis, Chowdhury, Mohammad Jabed Morshed, Chowdhury, Niaz and Muthukkumarasamy, Vallipuram. (2019). Integrated platforms for blockchain enablement. In In Aggarwal, Shubhani, Kumar, Neeraj and Raj, Pethuru (Ed.). Role of blockchain technology in IoT applications pp. 41-72 Elsevier Inc.. https://doi.org/10.1016/bs.adcom.2019.01.001
Performance analysis of polling mechanism in WBAN
Hasan, Khalid, Ahmed, Khandakar and Biswas, Kamanashis. (2018). Performance analysis of polling mechanism in WBAN. 28th International Telecommunication Networks and Applications Conference (ITNAC). University of New South Wales Sydney, Australia 21 - 23 Nov 2018 IEEE Xplore. pp. 1-4 https://doi.org/10.1109/ATNAC.2018.8615356
Quantitative research design to evaluate learning platforms and learning methods for cyber-security courses
Biswas, Kamanashis and Muthukkumarasamy, Vallipuram. (2017). Quantitative research design to evaluate learning platforms and learning methods for cyber-security courses. Australian Association for Environmental Education (AAEE) Conference. Sydney, Australia: Australasian Association for Engineering Education. pp. 793 - 799
Blockchain based wine supply chain traceability system
Biswas, Kamanashis, Muthukkumarasamy, Vallipuram and Tan, Wee Lum. (2017). Blockchain based wine supply chain traceability system. Future Technologies Conference (FTC) 2017. Vancouver, Canada 29 - 30 Nov 2017 United Kingdom: The Science and Information Organization. pp. 56-62
Securing smart cities using blockchain technology
Biswas, Kamanashis and Muthukkumarasamy, Vallipuram. (2016). Securing smart cities using blockchain technology. IEEE International Conference on High Performance Computing and Communications. United States of America: IEEE Xplore. pp. 1392 - 1393 https://doi.org/10.1109/HPCC-SmartCity-DSS.2016.0178
An interference aware heuristic routing protocol for wireless home automation networks
Biswas, Kamanashis, Muthukkumarasamy, Vallipuram, Wu, Xin-Wen and Singh, Kalvinder. (2015). An interference aware heuristic routing protocol for wireless home automation networks. Journal of Networks. 10(11), pp. 616 - 624. https://doi.org/10.4304/jnw.10.11.616-624
An encryption scheme using chaotic map and genetic operations for wireless sensor networks
Biswas, Kamanashis, Muthukkumarasamy, Vallipuram and Singh, Kalvinder. (2015). An encryption scheme using chaotic map and genetic operations for wireless sensor networks. IEEE Sensors Journal. 15(5), pp. 2801 - 2809. https://doi.org/10.1109/JSEN.2014.2380816
An analytical modeling for lifetime estimation of wireless sensor networks
Biswas, Kamanashis, Muthukkumarasamy, Vallipuram, Wu, Xin-Wen and Singh, Kalvinder. (2015). An analytical modeling for lifetime estimation of wireless sensor networks. IEEE Communications Letters. 19(9), pp. 1584 - 1587. https://doi.org/10.1109/LCOMM.2015.2453974