Blockchain Applications in Cybersecurity Solutions

Review of Anti-Counterfeit Solutions in Blockchain

Author(s): H. Bhatia*, S. Zalte, I. Chatterjee and D. Mantri

Pp: 81-96 (16)

DOI: 10.2174/9789815080599123010008

* (Excluding Mailing and Handling)


Blockchain technology offers a data format that has built-in security. It is built on cryptography, decentralization, and consensus concepts to ensure transaction confidence. Decentralization is enabled by blockchain technology, which allows members to participate in a dispersed network. No single user can alter the transaction, as all transactions are transparent and visible to all other users on the network. However, there are some significant security differences between blockchain and other systems. Nowadays, there are so many potential attacks found on the blockchain. The contribution of this chapter would be to match the effective defence taken by blockchain technology or a patch for related vulnerabilities offered by researchers to reduce the impact of these attacks. To keep the network secure and resilient, an overview of these security solutions for various vulnerabilities and attacks helps to reduce the attack surface in the blockchain

Keywords: Cryptographic, Decentralization, Consensus, Security, Defense, Attacks

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