Title: Standardization of the cross consensus transferable asset maintenance process
Hosts: Harald Heckmann (me)
Team Name: Zeitgeist
Workshop goal: The purpose of this workshop is to collaboratively develop a standard to register, track update and remove cross consensus transferable on-chain and to derive implementation templates for the chain code as well as the off-chain code used to instruct cross chain transfers.
During the configuration of XCM with respect to cross chain asset transfers, we observed that almost every team applies a different solution to configure XCM with respect to cross chain asset transfers. This renders providing a standardized generic implementation that can be used by any project to provide the cross chain asset transfer functionality to the users incredibly difficult.
In this workshop we will discuss potential solutions and structures used within those solutions, to eventually come to consensus about a standard and a generic implementation template that can be used by any team to register, track, update and remove foreign assets on-chain based on their own needs. In addition to that, we will derive another implementation template from it, that can be used to provide generic access to cross consensus transferable assets and to automatically derive the dispatchable calls that are necessary to craft transactions that execute cross chain asset transfers for those assets.