While I haven't studied wasmjit, the most obvious implementation is to run system calls naturally, with a global "struct task" existing as before that defines the semantics of the current context, including details like the current UID and capability mask - in other words, without effort, read() and open() could be made to behave identically to before, it's just that the caller now lives in a software sandbox rather than a hardware sandbox, and most/all expensive hardware reconfiguration was avoided