Atomic Cross-Chain Swaps: Development, Trajectory and Potential of Non-Monetary Digital Token Swap Facilities

Miraz, Mahdi H.; Donald, David C.

doi:10.2139/ssrn.3312624

Cited by 24 publications

(26 citation statements)

References 9 publications

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“…For instance, an interoperability supported platform can assist the health practitioners to use Bitcoin tokens for business transactions on the Ethereum blockchain network. However, architecting interoperable blockchain platforms is challenging due to various issues, such as differences in supported languages and consensus protocols of the blockchain platforms [92] , [93] . Ideally, the interoperable platforms should be fast, secure, and fault-tolerant to shield the privacy of telehealth users.…”

Section: Open Research Challengesmentioning

confidence: 99%

The role of blockchain technology in telehealth and telemedicine

Ahmad

Salah

Jayaraman

et al. 2021

International Journal of Medical Informatics

197

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Section: Open Research Challengesmentioning

confidence: 99%

The role of blockchain technology in telehealth and telemedicine

Ahmad

Salah

Jayaraman

et al. 2021

International Journal of Medical Informatics

197

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“…For instance, an interoperability supported platform can assist the health practitioners to use Bitcoin tokens for business transactions on the Ethereum blockchain network. However, architecting interoperable blockchain platforms is challenging due to various issues, such as differences in supported languages and consensus protocols of the blockchain platforms [70,71]. Ideally, the interoperable platforms should be fast, secure, and fault-tolerant to shield the privacy of telehealth users.…”

Section: Interoperability Support For Cross-platform Transactionsmentioning

confidence: 99%

The Role of Blockchain Technology in Telehealth and Telemedicine

Ahmad¹,

Salah²,

Jayaraman³

et al. 2020

Preprint

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<div><b>Objectives: </b>Telehealth and telemedicine systems aim to deliver remote healthcare services to mitigate the spread of COVID‐19. Also, they can help to manage scarce healthcare resources to control the massive burden of COVID-19 patients in hospitals. However, a large portion of today's telehealth and telemedicine systems are centralized and fall short of providing necessary information security and privacy, operational transparency, health records immutability, and traceability to detect frauds related to patients' insurance claims and physician credentials.</div><div><b>Methods: </b>The current study has explored the potential opportunities and adaptability challenges for blockchain technology in telehealth and telemedicine sector. It has explored the key role that blockchain technology can play to provide necessary information security and privacy, operational transparency, health records immutability, and traceability to detect frauds related to patients' insurance claims and physician credentials.</div><div><b>Results: </b>Blockchain technology can improve telehealth and telemedicine services by offering remote healthcare services in a manner that is decentralized, tamper-proof, transparent, traceable, reliable, trustful, and secure. It enables health professionals to accurately identify frauds related to physician educational credentials and medical testing kits commonly used for home-based diagnosis.</div><div><b>Conclusions: </b>Wide deployment of blockchain in telehealth and telemedicine technology is still in its infancy. Several challenges and research problems need to be resolved to enable the widespread adoption of blockchain technology in telehealth and telemedicine systems.</div><div> </div><div><br></div>

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“…While alternative approaches using multi-signature transactions [18] or the collateralisation of independent vaults [19] have been proposed to improve the speed or costs of swaps, HTLCs remain the prevailing approach [20]. Most relevant cryptocurrencies in use today can be connected through HTLCs [21].…”

Section: Related Workmentioning

confidence: 99%

Facilitating the Decentralised Exchange of Cryptocurrencies in an Order-Driven Market

Platt

Pierangeli

Livan

et al. 2020

2020 2nd Conference on Blockchain Research &Amp; Applications for Innovative Networks and Services (BRAINS)

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This article discusses a protocol to facilitate decentralised exchanges on an order-driven market through a consortium of market services operators. We discuss whether this hybrid protocol combining a centralised initiation phase with a decentralised execution phase outperforms fully centralised exchanges with regards to efficiency and security. Here, a fully efficient and fully secure protocol is defined as one where traders incur no trading costs or opportunity costs and counterparty risk is absent. We devise a protocol addressing the main downsides in the decentralised exchange process that uses a facilitating distributed ledger, maintains an order book and monitors the order status in real-time to provide accurate exchange rate information and performance scoring of participants. We show how performance ratings can lower opportunity costs and how a rolling benchmark rate of verifiable trades can be used to establish a trustworthy exchange rate between cryptocurrencies. The formal validation of the proposed technical mechanisms is the subject of future work.

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Atomic Cross-Chain Swaps: Development, Trajectory and Potential of Non-Monetary Digital Token Swap Facilities

Cited by 24 publications

References 9 publications

The role of blockchain technology in telehealth and telemedicine

The role of blockchain technology in telehealth and telemedicine

The Role of Blockchain Technology in Telehealth and Telemedicine

Facilitating the Decentralised Exchange of Cryptocurrencies in an Order-Driven Market

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