publication . Article . Other literature type . 2016

Are blockchains immune to all malicious attacks?

Xu, Jennifer J.;
Open Access English
  • Published: 10 Dec 2016 Journal: Financial Innovation, volume 2, issue 1 (issn: 2199-4730, Copyright policy)
  • Publisher: Springer Nature
Abstract
Background: In recent years, blockchain technology has attracted considerable attention. It records cryptographic transactions in a public ledger that is difficult to alter and compromise because of the distributed consensus. As a result, blockchain is believed to resist fraud and hacking. Results: This work explores the types of fraud and malicious activities that can be prevented by blockchain technology and identifies attacks to which blockchain remains vulnerable. Conclusions: This study recommends appropriate defensive measures and calls for further research into the techniques for fighting malicious activities related to blockchains.
Subjects
free text keywords: Online malicious attacks, Fraud detection, Hacking prevention, Economics, Ledger, Consensus, Compromise, media_common.quotation_subject, media_common, Blockchain, Hacker, Computer security, computer.software_genre, computer, Cryptography, business.industry, business, ddc:650
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publication . Article . Other literature type . 2016

Are blockchains immune to all malicious attacks?

Xu, Jennifer J.;