Systems and methods for interoperable blockchains and cross-chain data message communication
AssigneeHSBC Software Development (Guangdong) Limited
InventorsWei Ming Zhuang, Peng Zhao, Ruxin Hou
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AssigneeHSBC Software Development (Guangdong) Limited
InventorsWei Ming Zhuang, Peng Zhao, Ruxin Hou
Estimating the term…
Systems and methods for enabling secure and efficient interoperability between multiple blockchains, particularly for Central Bank Digital Currency (CBDC) issuance and transfer are described. This architecture allows independent blockchains, each managed by different financial institutions or authorities, to exchange digital assets using a unified cross-chain protocol. Key features include smart contracts for locking, minting, unlocking, and burning digital tokens, relayer subroutines for message transfer, and observer nodes for real-time monitoring and reconciliation. Multi-signature wallets ensure that critical actions require approval from multiple parties, enhancing security and compliance. The system supports both reversible and irreversible cross-chain transfers, dynamic load management, and upgradable smart contracts.
A computer system for interoperability between a plurality of blockchains using cross-chain data message communication, the computer system comprising:
A method for interoperability between a plurality of blockchains using cross-chain data message communication, the method comprising:
A non-transitory, computer readable medium storing machine executable instructions, which when executed by a processor, cause the processor to perform a method for interoperating a plurality of blockchains using cross-chain data message communication, the method comprising:
Dependencies are inferred from the claim text.