Multi-Party Cross-Chain Transaction Scheme Based on Distributed Key Generation and Attribute-Based Encryption

Ma Yuhang; Zhang Liang; Wu Xingyu; Li Ming

doi:10.7544/issn1000-1239.202330305

Journal of Computer Research and Development > 2023 > 60(11): 2534-2544. > DOI: 10.7544/issn1000-1239.202330305 CSTR: 32373.14.issn1000-1239.202330305

Ma Yuhang, Zhang Liang, Wu Xingyu, Li Ming. Multi-Party Cross-Chain Transaction Scheme Based on Distributed Key Generation and Attribute-Based Encryption[J]. Journal of Computer Research and Development, 2023, 60(11): 2534-2544. DOI: 10.7544/issn1000-1239.202330305

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Multi-Party Cross-Chain Transaction Scheme Based on Distributed Key Generation and Attribute-Based Encryption

Ma Yuhang^1,,
Zhang Liang^{1, 2, 3, ,},
Wu Xingyu¹,
Li Ming^{3, 4, 5}

1.
School of Cyberspace Security, Hainan University, Haikou 570228
2.
Key Laboratory of Internet Information Retrieval of Hainan Province(Hainan University), Haikou 570228
3.
Shanghai Key Laboratory of Intelligent Information Processing (Fudan University), Shanghai 200433
4.
Shanghai Engineering Research Center of Blockchain, Shanghai 200433
5.
China Electronics Standardization Institute, Beijing 100007

Funds: This work was supported by the National Key Research & Development Program of China (2019YFB2101703), the National Natural Science Foundation of China for Young Scientists (62302129), the Foundation of Hainan University (KYQD22168), the Key Laboratory Program of Internet Information Retrieval of Hainan Province (2022KY01).

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Author Bio:
Ma Yuhang: born in 2000. Master candidate. His main research interest includes cross-chain technology for blockchain

Zhang Liang: born in 1989. PhD, lecturer. His research interests include applied cryptography and blockchain

Wu Xingyu: born in 1998. Master candidate. Her main research interests include blockchain and attribute-based encryption

Li Ming: born in 1975. Engineer, PhD candidate. His main research interests include blockchain and cryptography
Received Date: April 09, 2023
Revised Date: June 08, 2023
Available Online: June 25, 2023

Graphical Abstract

Abstract

Abstract

Due to the differences in the underlying protocols and technical architectures of different blockchains, it is difficult to effectively exchange digital assets between chains. Currently, digital currency exchanges are the main platforms for digital asset exchanges. However, the existing centralized exchanges store users’ funds, which are vulnerable to hacker attacks, internal theft, or exchange escapes and other security issues. Existing decentralized exchanges are limited by the block generation time and confirmation speed of the blockchains participating in the cross-chain, which affects transaction efficiency. And there are fewer order types and functions in decentralized exchanges. In order to solve the above problems, we implement a decentralized multi-party transaction scheme through distributed key generation and attribute-based encryption. The user’s assets are pledged to the distributed network through distributed key generation to realize a decentralized asset management model. The distributed network generates an equivalent amount of digital asset tokens for users on the transaction blockchain, enabling users to use tokens for transactions on the transaction blockchain, and then to go to the distributed network to extract the corresponding digital assets according to the token ownership certificate. Users realize transaction control through attribute-based encryption, and use asset type, amount, exchange rate and time as attributes to set up diversified access control strategies. Transaction objects that meet the user’s policy can be traded with the users. The smart contract service provided by the transaction blockchain can realize diversified transaction options for users and provide users with fair exchange services. We verify the feasibility of the scheme through experiments. The efficiency of cross-chain is limited by the distributed key generation algorithm and the blockchain itself participating in the cross-chain when locking and extracting assets. In the multi-party transaction system, the transaction efficiency is only related to the transaction blockchain.
- digital assets,
- cross-chain transactions,
- distributed key generation,
- attribute-based encryption,
- transaction contracts

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References (30)

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