Cross-Chain Transfer Flow

The diagram above shows the basic process of cross-chain asset transfers:

• Blue represents the originating chain, green represents the cross-chain mechanism/model, and yellow represents the target chain.

• Solid boxes represent transaction flow, and dashed boxes represent funds flow.

• Regardless of the mechanism/technical model used for cross-chain asset transfers, the overall process is as described above.

The flow chart clearly depicts the fundamental difference when comparing to international money transfers, AML/CFT (Anti-Money Laundering/Counter-Financing of Terrorism) is overlooked in cross-chain asset transfers, and the settlement process in digital society is simplified or replaced by programs/mechanisms, achieving true decentralization.

Laysion aims to solve the above two problems, namely AML/CFT and decentralized cross-chain asset transfers.