Security Issues and Application of Blockchain

Sandeep Saxena, Umesh Kumar Gupta, Renu, Vimal Dwivedi

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

4 Citations (Scopus)

Abstract

Blockchain is the most important IT invention in current technology. Blockchain is much secured, easily shared and works with various distributed ledgers. Blockchain is changing the working environment from centralized to decentralize. Blockchain has removed the problem of single point of failure (SPOF). In the blockchain, you can easily track all previous transactions and can validate future transactions. Due to various benefits in blockchain, the number of organizations works on blockchain technology for providing solutions and many others are working on security issues in blockchain like 51% vulnerability, private key security, double spending, criminal activities, transaction leakage, smart contracts and many others.
Original languageEnglish
Title of host publication Machine Learning, Advances in Computing, Renewable Energy and Communication
Pages533-541
Number of pages8
DOIs
Publication statusPublished (in print/issue) - 2022

Keywords

  • Blockchain
  • Smart contract
  • security
  • single point of failure

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