<논문 제목> 

Proposal of Decentralized P2P Service Model for Transfer between Blockchain-Based Heterogeneous Cryptocurrencies and CBDCs

<제1저자> 

서울외국어대학원대학교 국제교양학과/AI블록체인연구소 박근덕 교수

<저널>

Big Data Cogn. Comput. 2022, 6(4), 159; https://doi.org/10.3390/bdcc6040159

Received: 7 November 2022 / Revised: 9 December 2022 / Accepted: 15 December 2022 /Published: 19 December 2022

(This article belongs to the Special Issue Managing Cybersecurity Threats and Increasing Organizational Resilience)

<요약>

This paper proposes a solution to the transfer problem between blockchain-based heterogeneous cryptocurrencies and CBDCs, with research derived from an analysis of the existing literature. Interoperability between heterogeneous blockchains has been an obstacle to service diversity and user convenience. Many types of cryptocurrencies are currently trading on the market, and many countries are researching and testing central bank digital currencies (CBDCs). In this paper, existing interoperability studies and solutions between heterogeneous blockchains and differences from the proposed service model are described. To enhance digital financial services and improve user convenience, transfer between heterogeneous cryptocurrencies, transfer between heterogeneous CBDCs, and transfer between cryptocurrency and CBDC should be required. This paper proposes an interoperable architecture between heterogeneous blockchains, and a decentralized peer-to-peer (P2P) service model based on the interoperable architecture for transferring between blockchain-based heterogeneous cryptocurrencies and CBDCs. Security threats to the proposed service model are identified and security requirements to prevent the identified security threats are specified. The mentioned security threats and security requirements should be considered when implementing the proposed service model.