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Blockchain Security: A Systematic Review

Authors:

Parshwa Shah
Parshwa Shah

Published On: November, 2022

Article Type: Research Article

Journal: Futuristic Trends in Networks and Computing Technologies

DOI: 10.1007/978-981-19-5037-7_69

Page No: 969–980

Abstract

Blockchain is a technology that is decentralized. It has the ability to tackle a wide range of industrial issues. A blockchain transaction’s records are secured by cryptography, and each transaction is linked to previous transactions or records. Algorithms on the nodes validate blockchain transactions. As a final point, blockchains enable transparency, allowing each participant to keep track of transactions at any point in time. Smart contracts provide for safe transactions, reducing the risk of third-party interference. Readers will have a better understanding of how blockchain technology helps protect and manage today’s users. There is a thorough report on diverse blockchain studies and security proposed by the research community, and their distinct implications on blockchain, in the review. This article concludes with a detailed description of the blockchain security followed by a discussion of the many varieties of security enhancements.

Authors

Parshwa Shah
Parshwa Shah