Cross-Blockchain Technology: Integration Framework and Security Assumptions

Abstract

Interoperability is identified as one of the major design constraints for blockchain technology. Cross-blockchain technology is fast evolving as the demand for value transfer among different blockchain systems is growing. A generic cross-blockchain design methodology for interoperability requires a set of suitable components to facilitate the integration process. One of the main challenges in the integration is to protect the integrity of the shared data. Various integration systems and their components may operate with different underlying security assumptions and this may lead to compromise of the overall security. In this paper we review the latest advancement in blockchain integration systems and provide a comprehensive analysis of integration characteristics for cross-blockchain technology and then define the essential components and modes of integration. Based on the outcome of our review, we propose a novel integration design decision framework that identifies key assumptions and critical characteristics of the cross-blockchain technology. The proposed framework facilitates the best-practice decision-making process. This reduces the potential for design errors and the associated security risks and performance degradation of the overall system.