Cross-chain Trading Network Using Smart Contracts

dc.contributor.advisorShi, Weidong
dc.contributor.committeeMemberWu, Panruo
dc.contributor.committeeMemberXu, Lei
dc.creatorTran, Huy Quang
dc.date.accessioned2020-06-02T04:24:19Z
dc.date.available2020-06-02T04:24:19Z
dc.date.createdMay 2020
dc.date.issued2020-05
dc.date.submittedMay 2020
dc.date.updated2020-06-02T04:24:19Z
dc.description.abstractThe blockchain, a secured and distributed database design, has been introduced and launched for ten years. Since then, a significant number of cryptocurrencies and financial trading markets using digital assets have also been introduced over time. Despite the fluctuation in the exchange rate, blockchains and its cryptocurrencies have no remarkable change overall. They still follow the old-traditional trading mechanism, which exchanges between cryptocurrencies and fiat currencies. Although few projects are emerging to enlarge a blockchain's trading usage, i.e., cross-chain liquidity, it still limits itself on swapping one type of cryptocoin with another type. Beyond supporting swapping coins, the blockchain could be applied and extended to become a trade-payment network that connects multiple solitary blockchain-based platforms. In this thesis, I propose a heuristic cross-chain trading system that leverages the blockchain technology to build a fair and border-less trading network across multiple decentralized blockchains by taking advantage of smart contracts and ERC-20 protocol. To demonstrate the feasibility of this proposal, I provides a concrete example and design of a cross-chain trading network between three popular systems, which are Bitcoin, Lightning Network Daemon, and Ethereum.
dc.description.departmentComputer Science, Department of
dc.format.digitalOriginborn digital
dc.format.mimetypeapplication/pdf
dc.identifier.urihttps://hdl.handle.net/10657/6595
dc.language.isoeng
dc.rightsThe author of this work is the copyright owner. UH Libraries and the Texas Digital Library have their permission to store and provide access to this work. Further transmission, reproduction, or presentation of this work is prohibited except with permission of the author(s).
dc.subjectblockchain, cryptocurrency, cross-chain, trading network, smart contract
dc.titleCross-chain Trading Network Using Smart Contracts
dc.type.dcmiText
dc.type.genreThesis
thesis.degree.collegeCollege of Natural Sciences and Mathematics
thesis.degree.departmentComputer Science, Department of
thesis.degree.disciplineComputer Science
thesis.degree.grantorUniversity of Houston
thesis.degree.levelMasters
thesis.degree.nameMaster of Science

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