Internet-Draft SAT Asset Exchange August 2025
Chiriac, et al. Expires 19 February 2026 [Page]
Workgroup:
Secure Asset Transfer Protocol
Internet-Draft:
draft-ietf-satp-asset-exchange-latest
Published:
Intended Status:
Informational
Expires:
Authors:
A. Chiriac
Quant Network
L. Riley
Quant Network
K. Marstein
INATBA
V. Ramakrishna
IBM Research

Secure Asset Exchange Protocol

Abstract

This document describes the Secure Asset Exchange Protocol (SAEP). SAEP is a protocol operating between two gateways that coordinate the atomic exchange of digital assets in two different asset networks.

About This Document

This note is to be removed before publishing as an RFC.

The latest revision of this draft can be found at https://ietf-satp.github.io/draft-ietf-satp-asset-exchange/draft-ietf-satp-asset-exchange.html. Status information for this document may be found at https://datatracker.ietf.org/doc/draft-ietf-satp-asset-exchange/.

Discussion of this document takes place on the Secure Asset Transfer Protocol Working Group mailing list (mailto:sat@ietf.org), which is archived at https://mailarchive.ietf.org/arch/browse/sat/. Subscribe at https://www.ietf.org/mailman/listinfo/sat/.

Source for this draft and an issue tracker can be found at https://github.com/ietf-satp/draft-ietf-satp-asset-exchange.

Status of This Memo

This Internet-Draft is submitted in full conformance with the provisions of BCP 78 and BCP 79.

Internet-Drafts are working documents of the Internet Engineering Task Force (IETF). Note that other groups may also distribute working documents as Internet-Drafts. The list of current Internet-Drafts is at https://datatracker.ietf.org/drafts/current/.

Internet-Drafts are draft documents valid for a maximum of six months and may be updated, replaced, or obsoleted by other documents at any time. It is inappropriate to use Internet-Drafts as reference material or to cite them other than as "work in progress."

This Internet-Draft will expire on 19 February 2026.

Table of Contents

1. Introduction

TBD: Introduce the asset exchange protocol as a core requirement for interoperability between asset networks, primarily blockchains and DLTs, and as a natural extension to the SATP. Cite the earlier SATP drafts for reference [SATA] [SATP] [SATU].

2. Terminology

The following are some terminology used in the current document. We borrow terminology from [NIST] and [ISO] as much as possible, introducing new terms only when needed:

3. Security Considerations

TBD: List security considerations, if any.

4. IANA Considerations

TBD: Does this document require any IANA actions?

5. References

5.1. Normative References

[ISO]
ISO, "Blockchain and distributed ledger technologies-Vocabulary (ISO:22739:2020)", , <https://www.iso.org/standard/82208.html>.
[NIST]
Yaga, D., Mell, P., Roby, N., and K. Scarfone, "NIST Blockchain Technology Overview (NISTR-8202)", , <https://doi.org/10.6028/NIST.IR.8202>.
[SAEP25]
Kjell-Erik Marstein, Paulina Davita, and Luke Riley, "Adapting the Secure Asset Transfer Protocol for Secure Cross-Network Asset Exchange, IEEE ICBC Cross-Chain Workshop (ICBC-CCW)", , <https://www.techrxiv.org/users/689823/articles/1240676-adapting-the-secure-asset-transfer-protocol-for-secure-cross-network-asset-exchange>.
[SATA]
Hardjono, T., Hargreaves, M., Smith, N., and V. Ramakrishna, "Secure Asset Transfer (SAT) Interoperability Architecture, IETF, draft-ietf-satp-architecture-08", , <https://datatracker.ietf.org/doc/draft-ietf-satp-architecture/>.
[SATP]
Hargreaves, M., Hardjono, T., Belchior, R., Ramakrishna, V., and A. Chiriac, "Secure Asset Transfer Protocol (SATP) Core, IETF, draft-ietf-satp-core-11", , <https://datatracker.ietf.org/doc/draft-ietf-satp-core/>.
[SATU]
Ramakrishna, V., Hardjono, T., and C. Liu, "Secure Asset Transfer (SAT) Use Cases, IETF, draft-ietf-satp-usecases-06", , <https://datatracker.ietf.org/doc/draft-ietf-satp-usecases/>.

5.2. Informative References

[Abebe19]
Abebe, E., Behl, D., Govindarajan, C., Hu, Y., Karunamoorthy, D., Novotny, P., Pandit, V., Ramakrishna, V., and C. Vecchiola, "Enabling Enterprise Blockchain Interoperability with Trusted Data Transfer (Middleware 2019 - Industry Track)", , <https://arxiv.org/abs/1911.01064>.
[BVGC20]
Belchior, R., Vasconcelos, A., Guerreiro, S., and M. Correia, "A Survey on Blockchain Interoperability: Past, Present, and Future Trends", , <https://arxiv.org/abs/2005.14282v2>.
[Clar88]
Clark, D., "The Design Philosophy of the DARPA Internet Protocols, ACM Computer Communication Review, Proc SIGCOMM 88, vol. 18, no. 4, pp. 106-114", .
[HLP19]
Hardjono, T., Lipton, A., and A. Pentland, "Towards an Interoperability Architecture for Blockchain Autonomous Systems, IEEE Transactions on Engineering Management", , <https://doi:10.1109/TEM.2019.2920154>.
[HS2019]
Hardjono, T. and N. Smith, "Decentralized Trusted Computing Base for Blockchain Infrastructure Security, Frontiers Journal, Special Issue on Blockchain Technology, Vol. 2, No. 24", , <https://doi.org/10.3389/fbloc.2019.00024>.
[HTLC21]
"Hash Time Locked Contracts, Bitcoin Wiki", n.d., <https://en.bitcoin.it/wiki/Hash_Time_Locked_Contracts>.
[SRC84]
Saltzer, J., Reed, D., and D. Clark, "End-to-End Arguments in System Design, ACM Transactions on Computer Systems, vol. 2, no. 4, pp. 277-288", .

Authors' Addresses

Alex Chiriac
Quant Network
Luke Riley
Quant Network
Kjell-Erik Marstein
INATBA
Venkatraman Ramakrishna
IBM Research