How We Wrap XDC and Real-World Assets with Quantum-Secured Technology
At Cyberellum, we’ve pioneered a state-of-the-art wrapping solution that integrates our Quantum-Secured Substrate with the XDC blockchain to tokenize assets and provide unmatched security. Here’s how we wrap XDC tokens and Real-World Asset (RWA) tokens to bring scalability, interoperability, and quantum safety to the forefront of trade finance and decentralized ecosystems.
- Wrapping XDC Tokens
Our process for wrapping native XDC tokens starts by leveraging our quantum substrate to ensure post-quantum security at every step.
How It Works: - Deposit Process:
Users deposit their XDC tokens into a quantum-protected smart contract on the XDC mainnet. This contract securely locks the tokens, ensuring full transparency through on-chain tracking. - Minting Wrapped XDC (wXDC):
Once the tokens are locked, our substrate mints an equivalent amount of wXDC. This process is quantum-encrypted using CRYSTALS-Kyber for key exchanges and CRYSTALS-Dilithium for digital signatures, ensuring the highest level of security. - Quantum-Protected Operations:
The entire transaction—deposit, minting, and proof generation—is safeguarded through Quantum Key Distribution (QKD) and validated using zero-knowledge proofs (zk-SNARKs). This ensures that no data can be intercepted or tampered with, even by advanced quantum computers. - Interoperability:
Wrapped XDC tokens can seamlessly interact with DeFi platforms on XDC and be bridged to other ecosystems like Ethereum, Binance Smart Chain, or Polkadot using our PQKD-secured cross-chain bridges.
What It Enables:
• Secure staking and lending in DeFi.
• Cross-chain liquidity provision.
• ISO 20022-compliant financial transactions.
- Wrapping Real-World Asset (RWA) XDC Tokens
Tokenizing Real-World Assets is another area where our wrapping technology excels. Whether it’s trade receivables, real estate, or commodities, we enable seamless wrapping of these assets into quantum-secured RWA XDC tokens.
How We Wrap RWAs: - Asset Onboarding:
The process begins with asset verification. We work with custodians or trusted entities to onboard assets and link their ownership, valuation, and compliance metadata into a secure system. - Quantum-Secured Tokenization:
Our quantum substrate mints RWA XDC tokens, each representing a 1:1 backing of the real-world asset. These tokens are:
o Embedded with on-chain metadata, such as asset details and compliance status.
o Secured with post-quantum cryptography, ensuring future-proof security. - Proof-of-Reserve Validation:
We provide quantum-encrypted proof-of-reserve audits, allowing anyone to verify that every token is backed by its corresponding asset. This builds trust and transparency without compromising privacy. - Regulatory Compliance:
Compliance is built into the wrapping process using zk-SNARKs and automated KYC/AML verification. This ensures each token adheres to legal and financial standards globally. - Lifecycle Management:
The tokens can be transferred, traded, or redeemed seamlessly, with every transaction validated through quantum-secured smart contracts.
What It Enables:
• Fractional ownership of real-world assets (e.g., real estate or commodities).
• Collateralized lending for trade finance and DeFi.
• Transparent yet private audits for regulated financial environments.
- How Quantum Security Powers the Wrapping Process
Our quantum-secured substrate is at the heart of every wrapping operation. Here’s how it differentiates our solution:
• Quantum Key Distribution (QKD): Every step of the wrapping process—depositing, minting, and auditing—is secured by quantum-encrypted channels that ensure no third party can intercept data.
• Post-Quantum Cryptography (PQC): We use cutting-edge algorithms like CRYSTALS-Kyber and CRYSTALS-Dilithium to protect the integrity of wrapped tokens, even in a quantum-computing era.
• Zero-Knowledge Proofs (zk-SNARKs): Compliance and proof-of-reserve checks are privacy-preserving, ensuring transparency without exposing sensitive information.
- Bridging Wrapped Tokens
Wrapped XDC and RWA XDC tokens gain even more utility through our cross-chain bridges:
• Secure Bridging: Using PQKD technology, we enable the movement of wrapped tokens between XDC and other major blockchains like Ethereum, Polygon, and Binance Smart Chain.
• Liquidity Expansion: Wrapped tokens can participate in DeFi ecosystems across multiple blockchains, unlocking liquidity and financial efficiency.
- Why Our Wrapping Technology Matters
• Unbreakable Security: The combination of PQC and QKD ensures that wrapped assets are immune to both current and future quantum threats.
• Regulatory Compliance: Our wrapping process integrates global financial standards, including ISO 20022, GDPR, and AML/KYC.
• Interoperability and Scalability: By bridging assets to other ecosystems, we maximize their utility while maintaining high transaction throughput.
• Trust and Transparency: Built-in proof-of-reserve mechanisms and quantum-secured audits ensure users can trust the value of their wrapped tokens.
- Unlocking New Possibilities
With our quantum-secured wrapping solution, XDC tokens and RWAs become more than just digital assets—they become tools for transforming global finance:
• Trade finance backed by tokenized invoices and receivables.
• Transparent, secure real estate ownership via fractional tokens.
• Cross-border payments with quantum-secured XDC tokens.
To demonstrate the end-to-end process of wrapping XDC tokens and Real-World Assets (RWAs) using our Quantum-Secured Substrate, I will outline the code and architecture. This includes creating smart contracts, interacting with the quantum layer, and deploying the system. Here’s the process:
- Create the Smart Contract for Wrapped Tokens
This contract allows deposit, minting, burning, and transfer operations for wrapped tokens.
Solidity Smart Contract Code
solidity
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// SPDX-License-Identifier: MIT
pragma solidity ^0.8.0;
contract WrappedToken {
string public name;
string public symbol;
uint8 public decimals = 18;
uint256 public totalSupply;
mapping(address => uint256) public balanceOf;
mapping(address => mapping(address => uint256)) public allowance;
address public admin;
event Transfer(address indexed from, address indexed to, uint256 value);
event Approval(address indexed owner, address indexed spender, uint256 value);
event Mint(address indexed to, uint256 value);
event Burn(address indexed from, uint256 value);
modifier onlyAdmin() {
require(msg.sender == admin, "Only admin can execute this function");
_;
}
constructor(string memory _name, string memory _symbol) {
name = _name;
symbol = _symbol;
admin = msg.sender;
}
function mint(address to, uint256 amount) public onlyAdmin {
totalSupply += amount;
balanceOf[to] += amount;
emit Mint(to, amount);
emit Transfer(address(0), to, amount);
}
function burn(address from, uint256 amount) public onlyAdmin {
require(balanceOf[from] >= amount, "Insufficient balance");
totalSupply -= amount;
balanceOf[from] -= amount;
emit Burn(from, amount);
emit Transfer(from, address(0), amount);
}
function transfer(address to, uint256 amount) public returns (bool) {
require(balanceOf[msg.sender] >= amount, "Insufficient balance");
balanceOf[msg.sender] -= amount;
balanceOf[to] += amount;
emit Transfer(msg.sender, to, amount);
return true;
}
function approve(address spender, uint256 amount) public returns (bool) {
allowance[msg.sender][spender] = amount;
emit Approval(msg.sender, spender, amount);
return true;
}
function transferFrom(address from, address to, uint256 amount) public returns (bool) {
require(balanceOf[from] >= amount, "Insufficient balance");
require(allowance[from][msg.sender] >= amount, "Allowance exceeded");
balanceOf[from] -= amount;
allowance[from][msg.sender] -= amount;
balanceOf[to] += amount;
emit Transfer(from, to, amount);
return true;
}
}
- Quantum Security Integration
The smart contract interacts with our Quantum Substrate for secure operations like minting and burning tokens.
Backend Node.js Script for PQC and QKD Integration
javascript
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const ethers = require(“ethers”);
const axios = require(“axios”); // For API calls to our Quantum Substrate
// Setup Ethereum provider and smart contract
const provider = new ethers.providers.JsonRpcProvider(“h t t pcs: / / rpc dot xdc dot org”);
const privateKey = “our-private-key-here”; // Admin private key
const wallet = new ethers.Wallet(privateKey, provider);
const contractAddress = “our-smart-contract-address-here”;
const abi = [
// ABI of the smart contract
“function mint(address to, uint256 amount) external”,
“function burn(address from, uint256 amount) external”,
];
const contract = new ethers.Contract(contractAddress, abi, wallet);
// Quantum Layer Interaction
async function quantumMint(toAddress, amount) {
try {
// Step 1: Generate Quantum-Secured Key
const quantumKeyResponse = await axios.post(“h t t p s / /quantum-substrate-api / key”, {
operation: “generate”,
});
const quantumKey = quantumKeyResponse.data.key;
// Step 2: Mint Wrapped Tokens
const tx = await contract.mint(toAddress, ethers.utils.parseUnits(amount.toString(), 18));
console.log("Mint Transaction Hash:", tx.hash);
// Step 3: Log Quantum Key for Proof
console.log("Quantum-Secured Key:", quantumKey);
} catch (error) {
console.error(“Error in quantum minting:”, error);
}
}
async function quantumBurn(fromAddress, amount) {
try {
// Step 1: Verify Quantum-Secured Transaction
const verificationResponse = await axios.post(“ht tps:/ /quantum-substrate-api/verify”, {
address: fromAddress,
amount,
});
if (!verificationResponse.data.verified) throw new Error(“Quantum verification failed”);
// Step 2: Burn Tokens
const tx = await contract.burn(fromAddress, ethers.utils.parseUnits(amount.toString(), 18));
console.log("Burn Transaction Hash:", tx.hash);
} catch (error) {
console.error(“Error in quantum burning:”, error);
}
}
// Example Usage
quantumMint(“xdc-address-here”, 100); // Mint 100 Wrapped Tokens
quantumBurn(“xdc-address-here”, 50); // Burn 50 Wrapped Tokens
- Real-World Asset Wrapping
Real-world assets (RWA) like trade receivables or real estate can be wrapped by integrating custodial APIs and storing asset metadata.
RWA Metadata Storage
• Store metadata like asset valuation, ownership, and compliance in IPFS or a quantum-secured off-chain database.
json
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{
“assetType”: “Real Estate”,
“assetId”: “12345”,
“owner”: “xdc-address”,
“valuation”: “1000000 USD”,
“complianceStatus”: “KYC Verified”,
“custodian”: “CustodianName”,
“timestamp”: “2024-12-19T12:00:00Z”
}
RWA Tokenization Workflow - Custodial Onboarding:
o Upload asset details to a custodian platform.
o Receive a confirmation token for asset verification. - Quantum Minting:
o Call the mint function in the smart contract with asset metadata and token amount. - Metadata Link:
o Store metadata hash on-chain (e.g., using IPFS or Arweave).
-
Cross-Chain Bridge Deployment
To enable wrapped token interoperability, implement a cross-chain bridge using Quantum Key Distribution (QKD) for secured asset transfers.
Example Bridge Interaction
• Source Chain: Lock XDC tokens.
• Target Chain: Mint equivalent wrapped tokens (e.g., wXDC).
javascript
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async function bridgeTokens(sourceChainAddress, targetChainAddress, amount) {
try {
// Lock tokens on source chain
const lockResponse = await axios.post(“http s:/ /quantum -substrate-api /lock”, {
sourceAddress: sourceChainAddress,
amount,
});// Mint tokens on target chain
const mintResponse = await axios.post(“ht tps://qua ntum-substrate-api/m int”, {
targetAddress: targetChainAddress,
amount,
});console.log(“Bridge Completed:”, mintResponse.data);
} catch (error) {
console.error(“Error in bridging tokens:”, error);
}
}
- Deploy and Verify Smart Contracts
• Deploy the smart contract on the XDC blockchain using Remix IDE or Hardhat.
• Verify the contract on an XDC block explorer for public transparency.
- Dashboard for User Interaction
Develop a dashboard for users to:
• Deposit XDC tokens for wrapping.
• Monitor minted and burned tokens.
• Access metadata for RWA tokens.
Use React.js and Web3.js to create a seamless user interface.
This end-to-end process secures every operation—minting, burning, and bridging—using our quantum substrate while ensuring compliance and interoperability.
NOTE: I broke the links so you can see the code here