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A Brief History of Blockchain Interoperability.

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Title: A Brief History of Blockchain Interoperability.
Authors: Belchior, Rafael1,2,3 (AUTHOR) rafael.belchior@tecnico.ulisboa.pt, Süßenguth, Jan4 (AUTHOR) jan@sssngth.com, Feng, Qi5 (AUTHOR) qfengsubmarine94@gmail.com, Hardjono, Thomas6 (AUTHOR) hardjono@mit.edu, Vasconcelos, André3 (AUTHOR) andre.vasconcelos@tecnico.ulisboa.pt, Correia, Miguel3 (AUTHOR) miguel.p.correia@tecnico.ulisboa.pt
Source: Communications of the ACM. Oct2024, Vol. 67 Issue 10, p62-69. 8p.
Subjects: Blockchains, Internetworking, Non-fungible tokens, Fungibles, Cryptocurrencies, Security management
Abstract: Blockchain interoperability has emerged as a critical focus for the development of next-generation decentralized applications. Significant progress has been made in the past five years, particularly in addressing challenges like the security of cross-chain token transfers. Despite advancements, vulnerabilities in cross-chain bridges remain a significant concern, with over $3.2 billion in losses due to attacks. Continued research is needed to improve privacy, user experience, and security in cross-chain infrastructure, alongside collaborative efforts from industry and academia to fully unlock blockchain's potential in decentralizing society.
Database: Engineering Source
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  Data: <searchLink fieldCode="JN" term="%22Communications+of+the+ACM%22">Communications of the ACM</searchLink>. Oct2024, Vol. 67 Issue 10, p62-69. 8p.
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  Data: <searchLink fieldCode="DE" term="%22Blockchains%22">Blockchains</searchLink><br /><searchLink fieldCode="DE" term="%22Internetworking%22">Internetworking</searchLink><br /><searchLink fieldCode="DE" term="%22Non-fungible+tokens%22">Non-fungible tokens</searchLink><br /><searchLink fieldCode="DE" term="%22Fungibles%22">Fungibles</searchLink><br /><searchLink fieldCode="DE" term="%22Cryptocurrencies%22">Cryptocurrencies</searchLink><br /><searchLink fieldCode="DE" term="%22Security+management%22">Security management</searchLink>
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  Data: Blockchain interoperability has emerged as a critical focus for the development of next-generation decentralized applications. Significant progress has been made in the past five years, particularly in addressing challenges like the security of cross-chain token transfers. Despite advancements, vulnerabilities in cross-chain bridges remain a significant concern, with over $3.2 billion in losses due to attacks. Continued research is needed to improve privacy, user experience, and security in cross-chain infrastructure, alongside collaborative efforts from industry and academia to fully unlock blockchain's potential in decentralizing society.
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        Value: 10.1145/3648607
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        Text: English
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      – SubjectFull: Blockchains
        Type: general
      – SubjectFull: Internetworking
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      – SubjectFull: Non-fungible tokens
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      – SubjectFull: Cryptocurrencies
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              Text: Oct2024
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