Fujitsu Laboratories, a leading research center and a subsidiary of Japan’s IT giant Fujitsu, has unveiled ConnectionChain, an extension of smart contract technology which interconnects multiple blockchains.
The technology records the series of related transactions on each chain in a dedicated blockchain, or a “connection-type chain,” to link a cryptocurrency exchange into a single transaction process.
This is made possible by adding new nodes to connect blockchains, forming ConnectionChain, “a blockchain used for connecting blockchains.” The block data containing the relevant transaction is extracted from the two blockchains via this connection node, and each transaction process is connected.