Overview of Block Chain Cross Chain Technology

With the continuous development of block chain technology, block chain is widely used in payment and settlement, product traceability, identity authentication and other fields. A large number of block chain networks with different characteristics and different scenarios have formed many value island...

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Published inInternational Conference on Measuring Technology and Mechatronics Automation (Print) pp. 357 - 360
Main Authors Lin, Shaofeng, Kong, Yihan, Nie, Shaotao
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.01.2021
Subjects
Authentication
Automation
Block chain
Blockchain
Cross-chain
Hash lock
Mechatronics
Notary
Organizations
Relay
Side chain
Symbiosis
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Abstract With the continuous development of block chain technology, block chain is widely used in payment and settlement, product traceability, identity authentication and other fields. A large number of block chain networks with different characteristics and different scenarios have formed many value islands. The cross chain technology of block chain is an important technical means to realize the interconnection and value transfer between chains. This paper systematically summarizes the current mainstream cross chain technologies of block chain, analyzes the characteristics of different cross chain technologies, points out the challenges faced by cross chain technology, and forecasts its future development prospects.
AbstractList With the continuous development of block chain technology, block chain is widely used in payment and settlement, product traceability, identity authentication and other fields. A large number of block chain networks with different characteristics and different scenarios have formed many value islands. The cross chain technology of block chain is an important technical means to realize the interconnection and value transfer between chains. This paper systematically summarizes the current mainstream cross chain technologies of block chain, analyzes the characteristics of different cross chain technologies, points out the challenges faced by cross chain technology, and forecasts its future development prospects.
Author Lin, Shaofeng
Kong, Yihan
Nie, Shaotao
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Snippet With the continuous development of block chain technology, block chain is widely used in payment and settlement, product traceability, identity authentication...
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StartPage 357
SubjectTerms Authentication
Automation
Block chain
Blockchain
Cross-chain
Hash lock
Mechatronics
Notary
Organizations
Relay
Side chain
Symbiosis
Title Overview of Block Chain Cross Chain Technology
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