Fast and Atomic Cross-blockchain Asset Exchange for Metaverse Interoperability

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

2 Citations (Scopus)

Abstract

This work concerns metaverse interoperability. It is a hot topic because more than 240 metaverses were launched in the past years but are merely interoperable. Existing work only focused on particular issues, e.g., asset exchange and object visualization in different metaverses, but neglected the overall picture. Moreover, the existing asset exchange protocols are time-consuming and can hardly afford high-frequency metaverse transactions. To address the issues, we first introduce a layered metaverse interoperability framework that comprehensively considers interoperable cyber worlds, compatible interaction mechanisms, and consistent physical infrastructures. Furthermore, we propose a novel cross-blockchain asset exchange protocol based on key exchange and smart contracts. The proposed protocol is secure and reduces the time overhead from linear to constant.
Original languageEnglish
Title of host publicationIEEE International Conference on Metaverse Computing, Networking and Applications
Subtitle of host publication(MetaCom 2023)
Place of PublicationKyoto, Japan
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1-8
Number of pages8
Publication statusPublished - 27 Jun 2023
EventIEEE International Conference on Metaverse Computing, Networking and Applications - The Prince Kyoto Takaragaike, Kyoto, Japan
Duration: 26 Jun 202328 Jun 2023
https://www.ieee-metacom.org/2023/

Conference

ConferenceIEEE International Conference on Metaverse Computing, Networking and Applications
Abbreviated title(IEEE MetaCom 2023)
Country/TerritoryJapan
CityKyoto
Period26/06/2328/06/23
Internet address

Keywords

  • metaverse
  • interoperability
  • asset exchange
  • blockchain interoperability
  • decentralized exchange
  • cross-chain swaps

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