Hyperledger - Fabric-Ethereum token bridging

About the Organization

One of the key use cases of blockchain integration is asset bridging: in essence, "locking" an asset (typically, a native coin or token) in a smart contract on its authoritative ledger and making available corresponding, newly minted (wrapped/shadow/...) assets on another. By now, bridging is supported by quite mature solutions in the cryptoworld; however, the same is not true for "consortial" distributed ledger technologies. At the same time, such functionality can be expected to become an important requirement in the not too distant future - Analysing the implementation approaches of standard "token models" (ERC20, ERC-721, ... - as far as this has been already done) in native Fabric chaincode and creating conceptual mappings between standard Ethereum token types and Fabric-native assets (including, but not limited to, the different authentication and authorization approaches). - Creating a brief review of the bridging approaches and mature technologies widely used in the cryptoworld. - Performing a requirement analysis for bridging assets from Fabric to Ethereum-based networks (and back), taking into account that the parties performing the bridging have to be explicitly given permission to do so by an authority and may be subject to regulatory requirements. - Based on the available open-source components, designing and prototyping a Fabric-Ethereum bridge fulfilling the requirements As the proposed project bridges multiple fields, creating a centralized solution.