• Corpus ID: 237940235

Universal Payment Channels: An Interoperability Platform for Digital Currencies

  title={Universal Payment Channels: An Interoperability Platform for Digital Currencies},
  author={Mihai Christodorescu and Erin English and Wanyun Catherine Gu and David Kreissman and Ranjit Kumaresan and Mohsen Minaei and Srinivasan Raghuraman and Cuy Sheffield and Arjuna Wijeyekoon and Mahdi Zamani},
With the innovation of distributed ledger technology (DLT), often known as blockchain technology, there has been significant growth of digital tokens in the form of cryptocurrencies, stablecoins, and central bank digital currencies. As the number of DLT networks increases, each with varying design characteristics, the likelihood that transacting parties are on the same network decreases. Thus, it is crucial to facilitate payments that are universal across networks, scalable to massive loads… 

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