Re: Researching to leverage Hashed-Timelock Agreements (HTLAs) paradigm for establishing atomicity between different DLT networks for asset swaps with full decentralization

Hi Evan,

I came up with a gridlock diagram/scenario to illustrate what I wish to
hope to solve (or perhaps build) with interledger. Please refer to the
gridlock diagram below. Since interledger is the routing layer/network, the
gridlock mechanism is something that will be extremely relevant. This
mechanism will be a game-changer -- any thoughts/inputs, please?

[image: image.png]

Regards,

Nathan Aw
https://www.linkedin.com/in/awnathan/
https://datatracker.ietf.org/meeting/103/materials/slides-103-dinrg-decentralized-identity-00

On Sun, Oct 14, 2018 at 12:22 AM Evan Schwartz <evan@ripple.com> wrote:

> The same construction can be used no matter what the underlying assets
> are. They can be cryptocurrencies, fiat currencies, shares of stock or
> other divisible assets.
>
> If you want to use this method for a swap you can send a "payment" from
> one of your accounts to another.
>
> On Sat, Oct 13, 2018, 8:27 AM Nathan Aw <nathan.mk.aw@gmail.com> wrote:
>
>> Hi all,
>>
>> Second try. Thank you.
>>
>> I am a blockchain engineer based out of Singapore working at a leading
>> bank in ASEAN.
>>
>> I am looking to leverage the Hashed-Timelock Agreements (HTLAs) paradigm
>> for establishing atomicity between different DLT networks for asset swaps
>> to achieve cross border payments with partial to full decentralization in
>> mind.
>>
>> With the goal in mind, I like to understand technically how can this
>> paradigm be applied to achieve payment vs payment (pvp) with semi-trusted
>> nodes such as clearinghouses, banks and individual players? Applying the
>> same concept of a crypto swap between ETH and BTC, the same can be applied
>> between SGD and HKD?
>>
>> Also, I hope to understand the models around how liquidity can be
>> maintained between these nodes?
>>
>> Regards,
>>
>> Nathan Aw
>> https://sg.linkedin.com/in/awnathan
>>
>> https://erc725alliance.org/
>>
>>
>>
>> On Sat, Oct 13, 2018 at 12:39 AM Nathan Aw <nathan.mk.aw@gmail.com>
>> wrote:
>>
>>> Hi all,
>>>
>>> I am a blockchain engineer based out of Singapore working at a leading
>>> bank in ASEAN.
>>>
>>> I am looking to leverage the Hashed-Timelock Agreements (HTLAs) paradigm
>>> for establishing atomicity between different DLT networks for asset swaps
>>> to achieve cross border payments with partial to full decentralization in
>>> mind.
>>>
>>> With the goal in mind, I like to understand technically how can this
>>> paradigm be applied to achieve payment vs payment (pvp) with semi-trusted
>>> nodes such as clearinghouses, banks and individual players? Applying the
>>> same concept of a crypto swap between ETH and BTC, the same can be applied
>>> between SGD and HKD?
>>>
>>> Also, I hope to understand the models around how liquidity can be
>>> maintained between these nodes?
>>>
>>> Thank you!
>>>
>>> Regards,
>>>
>>> Nathan Aw
>>> https://sg.linkedin.com/in/awnathan
>>> https://erc725alliance.org/
>>>
>>>
>>>