{"id":"5hQWXpxHSdQ","title":"Chain Signatures: the Potential of Smart Contracts Exploring Cross-Chain Functionality","description":"Chain Signatures and how smart contracts completly rethink blockchain networks, allowing for asset management and atomic swaps across different chains. Learn about the use cases and design possibilities in this insightful video. #SmartContracts #CrossChainFunctionality #BlockchainRevolution #AssetManagement #AtomicSwaps #UseCases #DesignPossibilities #BlockchainTechnology #BlockchainInnovation #DecentralizedFinance #NEARprotocol #chainabstraction #chainsignatures","channel_name":"NEAR Protocol","published_at":"2024-07-29T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/5hQWXpxHSdQ/hqdefault.jpg","transcript_text":"and then from the developer perspective you can imagine that if you have a smart contract that can sign transactions which is something that's not really possible without this type of Technology well it's kind of like uh there's like this whole field of things you can do so you can add smart contract functionality to networks that don't have it like Bitcoin uh you can allow people to manage assets and automatically swap assets between two completely different chains and what's cool is you can do this at the near settlement time not at the settlement time of the respective chains uh which is a use case that I think is we've seen a lot of teams start to build with and it's pretty cool or you can enable things like using any collateral asset on any chain to borrow usdc on near then you know use some different transport layers to get that to different chains so we have a team who's building that where like it's basically like you're borrowing against a public key and that public key can have assets anywhere and maybe even Assets in multiple different places and you're using that as collateral one things so it's a big design space","transcript_synced_at":"2026-11-03T05:41:01.900Z","segments":[{"start_seconds":0,"text":"and then from the developer perspective you can imagine that if you have a smart contract that can sign transactions which is something that's not really possible without this type of Technology","url":"https://www.youtube.com/watch?v=5hQWXpxHSdQ&t=0s"},{"start_seconds":7,"text":"well it's kind of like uh there's like this whole field of things you can do so you can add smart contract functionality to networks that don't have it like Bitcoin uh you can allow people to","url":"https://www.youtube.com/watch?v=5hQWXpxHSdQ&t=7s"},{"start_seconds":16,"text":"manage assets and automatically swap assets between two completely different chains and what's cool is you can do this at the near settlement time not at the settlement time of the respective","url":"https://www.youtube.com/watch?v=5hQWXpxHSdQ&t=16s"},{"start_seconds":25,"text":"chains uh which is a use case that I think is we've seen a lot of teams start to build with and it's pretty cool or you can enable things like using any","url":"https://www.youtube.com/watch?v=5hQWXpxHSdQ&t=25s"},{"start_seconds":31,"text":"collateral asset on any chain to borrow usdc on near then you know use some different transport layers to get that to different chains so we have a team","url":"https://www.youtube.com/watch?v=5hQWXpxHSdQ&t=31s"},{"start_seconds":39,"text":"who's building that where like it's basically like you're borrowing against a public key and that public key can have assets anywhere and maybe even Assets in multiple different places and","url":"https://www.youtube.com/watch?v=5hQWXpxHSdQ&t=39s"},{"start_seconds":47,"text":"you're using that as collateral one things so it's a big design space","url":"https://www.youtube.com/watch?v=5hQWXpxHSdQ&t=47s"}],"youtube_url":"https://youtube.com/watch?v=5hQWXpxHSdQ","url":"https://near-pedia.xyz/videos/5hQWXpxHSdQ"}