Invention Publication
- Patent Title: SECURE AND TRUSTWORTHY BRIDGE FOR TRANSFERRING ASSETS ACROSS DIFFERENT NETWORKS
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Application No.: US18631973Application Date: 2024-04-10
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Publication No.: US20240259222A1Publication Date: 2024-08-01
- Inventor: Michael Edmond Kaplan , Conor Leary , Nicholas Mussallem , Emin Gun Sirer , Bernard Wong
- Applicant: Ava Labs, Inc.
- Applicant Address: US NY New York
- Assignee: Ava Labs, Inc.
- Current Assignee: Ava Labs, Inc.
- Current Assignee Address: US NY New York
- Main IPC: H04L9/00
- IPC: H04L9/00 ; G06Q20/36 ; G06Q20/38 ; H04L9/30 ; H04L67/1097

Abstract:
Described herein are systems and methods for providing the secure transfer of assets between blockchain networks. The system can include a storage device that can store a bridge program that is programmed to perform (i) lock operations that lock native assets from a first blockchain network and mint synthetic assets representing the native assets in a second blockchain network, and (ii) unlock operations that unlock the native assets by transferring the native assets to an address in the first blockchain network in response to the synthetic assets being returned or destroyed. The system can include a computer system that loads and executes the bridge program in a secure computing enclave that provides a trusted execution environment. The computer system can then perform the lock operations and the unlock operations to provide a bridge between the first blockchain network and the second blockchain network.
Information query