CHAINLINK TECH TALK #
SMART CONTRACT AUTOMATION MASTERCLASS
18
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Swingby: Securing Blockchain Bridges for Bitcoin With Chainlink Proof of Reserve

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On-demand
Date
October 26, 2022 9:00 PM
Duration
45 minutes
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Abstract

Swingby’s Skybridge provides digital asset bridges between Bitcoin, Ethereum, and other blockchains, enabling users to move their assets and access DeFi ecosystems on other chains without relying on a central custodian.

While blockchain bridges are the primary way of representing digital assets across various blockchain networks, non-native digital assets introduce systemic risks that require a security-in-depth approach.

In this Tech Talk, we will discuss the details of how Swingby leverages Chainlink Proof of Reserve to increase the security of Skybridge and explore the advantages of having Bitcoin integrated into DeFi ecosystems on other chains. 

Learning Objectives

Learn how Chainlink PoR provides real-time transparency into Skybridge reserves.
Explore the importance of transparency and real-time verification for wrapped Bitcoin.
Understand the advantages of having a wrapped version of Bitcoin.

Speakers

Senga Yusaku

Co-founder

SWINGBY

Michael Imperiale

Solutions Architect

Chainlink Labs

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