08-16-XBI-an-interface-for-cross-chain-smart-contract-execution.md

XBI: an XCM-based high-level standard and interface (ABI) for smart contracts

View on Crowdcast: https://www.crowdcast.io/e/substrate-seminar-2/22

Description

In this seminar, we will explore the power of an XCM-based Binary Interface that extends the XCM protocol to provide an interface for cross-chain smart contract calls, explaining why XCM is powerful but needs to be extended and detailing how XBI offers a trail-blazing solution.

Plan

• What is t3rn?
  • Composing cross-chain smart contract execution
• Importance of trust-free bridging
  • The status quo
  • The problem
  • Different degrees of trust-free guarantees
• What is XBI?
  • How XBI improves XCM
• How to use XBI

Links and resources

• t3rn
• PSP for XIB grant