Rethinking Blockchain Security: Position Paper

Vincent Chia; Pieter Hartel; Qingze Hum; Sebastian Ma; Georgios Piliouras; Daniel Reijsbergen; Mark van Staalduinen; Pawel Szalachowski; IEEE

doi:10.1109/Cybermatics_2018.2018.00222

Conference proceeding

Rethinking Blockchain Security: Position Paper

Vincent Chia, Pieter Hartel, Qingze Hum, Sebastian Ma, Georgios Piliouras, Daniel Reijsbergen, Mark van Staalduinen, Pawel Szalachowski and IEEE

IEEE 2018 INTERNATIONAL CONGRESS ON CYBERMATICS / 2018 IEEE CONFERENCES ON INTERNET OF THINGS, GREEN COMPUTING AND COMMUNICATIONS, CYBER, PHYSICAL AND SOCIAL COMPUTING, SMART DATA, BLOCKCHAIN, COMPUTER AND INFORMATION TECHNOLOGY, pp.1273-1280

01/01/2018

DOI: https://doi.org/10.1109/Cybermatics_2018.2018.00222

Abstract

Computer Science

Computer Science, Information Systems

Computer Science, Theory & Methods

Engineering

Engineering, Electrical & Electronic

Science & Technology

Technology

Telecommunications

Blockchain technology has become almost as famous for incidents involving security breaches as for its innovative potential. We shed light on the prevalence and nature of these incidents through a database structured using the STIX format. Apart from OPSEC-related incidents, we find that the nature of many incidents is specific to blockchain technology. Two categories stand out: smart contracts, and techno-economic protocol incentives. For smart contracts, we propose to use recent advances in software testing to find flaws before deployment. For protocols, we propose the PRESTO framework that allows us to compare different protocols within a five-dimensional framework.

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Title: Rethinking Blockchain Security: Position Paper
Creators - without role: Vincent Chia - Netherlands Organisation for Applied Scientific Research
Pieter Hartel - Singapore University of Technology and Design
Qingze Hum - Singapore University of Technology and Design
Sebastian Ma - Netherlands Organisation for Applied Scientific Research
Georgios Piliouras - Singapore University of Technology and Design
Daniel Reijsbergen - Singapore University of Technology and Design
Mark van Staalduinen - Netherlands Organisation for Applied Scientific Research
Pawel Szalachowski - Singapore Univ Technol & Design, Singapore, Singapore
IEEE
Publication Details: IEEE 2018 INTERNATIONAL CONGRESS ON CYBERMATICS / 2018 IEEE CONFERENCES ON INTERNET OF THINGS, GREEN COMPUTING AND COMMUNICATIONS, CYBER, PHYSICAL AND SOCIAL COMPUTING, SMART DATA, BLOCKCHAIN, COMPUTER AND INFORMATION TECHNOLOGY, pp.1273-1280
Publisher: IEEE
Number of pages: 8
Grant note: NRF2016NCR-NCR002-028 / National Research Foundation (NRF), Prime Minister's Office, Singapore, under its National Cybersecurity RD Programme; National Research Foundation, Singapore
Identifiers: 9911778209846
Academic Unit: iTrust; ESD Pillar
Language: English
Resource Type: Conference proceeding

Rethinking Blockchain Security: Position Paper

Abstract

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