Decentralized finance (DeFi) is now a massive aggregator of many financial blockchain protocols. The overall value locked in them is currently valued at around 80 billion USD. Every day, a growing number of new users bring their investments to DeFi. Decentralized finance entails the creation of a single ecosystem of many blockchains that interact with one another. To enable DeFi, the problem of combining and interacting blockchains becomes critical. In this paper we describe the concept of a DeFi protocol, which employs cross-blockchain interface technologies, and show how a prototype pre-sale application based on the proposed concept can be created.

Original languageEnglish
Title of host publicationComputational Science and Its Applications – ICCSA 2022 Workshops
Pages229-241
Number of pages13
DOIs
StatePublished - 2022
Event22nd International Conference on Computational Science and Its Applications , ICCSA 2022 - Malaga, Spain
Duration: 4 Jul 20227 Jul 2022
Conference number: 22
https://iccsa.org/

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume13377
ISSN (Print)0302-9743

Conference

Conference22nd International Conference on Computational Science and Its Applications , ICCSA 2022
Abbreviated titleICCSA 2022
Country/TerritorySpain
CityMalaga
Period4/07/227/07/22
Internet address

    Research areas

  • Blockchain, Cross-chain, Decentralized finances, Distributed ledger technologies, Smart-contracts, Solidity

    Scopus subject areas

  • Theoretical Computer Science
  • Computer Science(all)

ID: 98811286