TY  - CHAP
U1  - Konferenzveröffentlichung
A1  - Hildebrandt, Felix
T1  - Tokenization and the Symbiosis between Blockchains
T2  - Konferenzband zum Scientific Track der Blockchain Autumn School 2020
N2  - The financial world of blockchains is mostly covered by Bitcoin, taking up about 210 billion dollars in market cap. Despite the huge security and independence which the technology offers to the users, it's not quite easy to adapt with upcoming applications due to the regulated infrastructure behind. For small-scale transactions, everyday use applications or the access to a variety of crypto technologies and projects, Bitcoin is relatively limited in future development. The compatibility for most of those applications is covering currencies from more development-driven blockchains like Ethereum. Those want to reach out for the user base that's already in hold of Bitcoins and offer them a seamless transition to new applications without the risk of losing their funds. Within the article, atomic swaps and tokenization are covered up and current approaches compared. Both mechanisms are used to fulfill this symbiosis between Bitcoin and Ethereum.
To get a more practical view, an example on how to implement such a tokenization within an app is shown. This will give deeper insights and offers inspiration for digital identity-based app development.
KW  - Bitcoin
KW  - Ethereum
KW  - Blockchain
KW  - Tokenization
KW  - Cross-Chain
KW  - Smart Contracts
KW  - Atomic Swaps
KW  - dApp
Y1  - 2020
SN  - 1437-7624
SS  - 1437-7624
U6  - https://doi.org/10.48446/opus-11860
DO  - https://doi.org/10.48446/opus-11860
SP  - 14
EP  - 20
S1  - 7
PB  - Hochschule Mittweida
CY  - Mittweida
ER  -