• Title/Summary/Keyword: smart contract security threats

Search Result 6, Processing Time 0.026 seconds

Research on Security Threats Emerging from Blockchain-based Services

  • Yoo, Soonduck
    • International Journal of Internet, Broadcasting and Communication
    • /
    • v.13 no.4
    • /
    • pp.1-10
    • /
    • 2021
  • The purpose of the study is to contribute to the positive development of blockchain technology by providing data to examine security vulnerabilities and threats to blockchain-based services and review countermeasures. The findings of this study are as follows. Threats to the security of blockchain-based services can be classified into application security threats, smart contract security threats, and network (P2P) security threats. First, application security threats include wallet theft (e-wallet stealing), double spending (double payment attack), and cryptojacking (mining malware infection). Second, smart contract security threats are divided into reentrancy attacks, replay attacks, and balance increasing attacks. Third, network (P2P) security threats are divided into the 51% control attack, Sybil attack, balance attack, eclipse attack (spread false information attack), selfish mining (selfish mining monopoly), block withholding attack, DDoS attack (distributed service denial attack) and DNS/BGP hijacks. Through this study, it is possible to discuss the future plans of the blockchain technology-based ecosystem through understanding the functional characteristics of transparency or some privacy that can be obtained within the blockchain. It also supports effective coping with various security threats.

A Study on the Application of Block Chain Ethereum Technology to Activate Digital Contents Trading as Sharing economy - data encryption and modify merkle tree-

  • Min, Youn-a;Baek, Yeong-Tae
    • Journal of the Korea Society of Computer and Information
    • /
    • v.23 no.10
    • /
    • pp.73-80
    • /
    • 2018
  • The shared economy began with the concept of sharing the physical and intellectual assets of individuals with others. Nowadays, the concept of shared economy is becoming one of the industries as an enterprise type. Especially, with the development of the Internet and smart devices, various forms of shared economy have been developed in accordance with the need of sharing of individual income. Digital content is also a shareable commodity and it is seeking to utilize it as an item of shared economy. Accordingly, when digital contents are used as a shared economy, there are various possible threats -security threats that may arise in the course of transactions, potential for theft, alteration and hacking of contents. In this paper, we propose transaction method and content protection method using block chain-ethereum technology to reduce security threats and transparent transactions that can occur in digital contents transactions. Through the proposed method, the trust of the consumer and the supplier can be measured and the encryption can be performed considering the characteristics of the data to be traded. Through this paper, it is possible to increase the transparency of smart transaction of digital contents and to reduce the risk of content distortion, hacking, etc.

A Study on Privilege Elevation Attack Management for Smart Transaction Security on BlockChain Etherium Based System

  • Min, Youn-A
    • Journal of the Korea Society of Computer and Information
    • /
    • v.24 no.4
    • /
    • pp.65-71
    • /
    • 2019
  • IAs smart device penetration rate is more than 90%, mobile transaction ratio using smart device is increasing. Smart contracts are used in various areas of real life including smart trading. By applying smart contracts to the platform for smart transactions through block-chain technology, the threat of hacking or forgery can be reduced. However, various threats to devices in smart transactions can pose a threat to the use of block chain Etherium, an important element in privilege and personal information management. Smart contract used in block chain Ethereum includes important information or transaction details of users. Therefore, in case of an attack of privilege elevation, it is very likely to exploit transaction details or forge or tamper with personal information inquiry. In this paper, we propose a detection and countermeasure method for privilege escalation attack, which is especially important for block chain for secure smart transaction using block chain Ethereum. When comparing the results of this study with the results of similar applications and researches, we showed about 12~13% improvement in performance and suggested the future countermeasures through packet analysis.

A Study on Security Enhancement for the Use and Improvement of Blockchain Technology (보안성 강화를 위한 블록체인기술의 활용과 개선방안 연구)

  • Seung Jae Yoo
    • Convergence Security Journal
    • /
    • v.23 no.1
    • /
    • pp.63-68
    • /
    • 2023
  • In this study, in relation to blockchain protocol and network security, we study the configuration of blockchain and encryption key management methods on smart contracts so that we can have a strong level of response to MITM attacks and DoS/DDoS attacks. It is expected that the use of blockchain technology with enhanced security can be activated through respond to data security threats such as MITM through encryption communication protocols and enhanced authentication, node load balancing and distributed DDoS attack response, secure coding and vulnerability scanning, strengthen smart contract security with secure consensus algorithms, access control and authentication through enhanced user authentication and authorization, strengthen the security of cores and nodes, and monitoring system to update other blockchain protocols and enhance security.

An Online Voting System based on Ethereum Block-Chain for Enhancing Reliability (신뢰성 향상을 위한 이더리움 블록체인 기반의 온라인 투표 시스템)

  • Kim, Chul-Jin
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.19 no.4
    • /
    • pp.563-570
    • /
    • 2018
  • Existing online voting is not being used for public elections due to uncertainty about security threats, and offline voting costs a lot of money. As an alternative, blockchain is emerging. Applying blockchain technology to online voting will ensure transparency and confidentiality, because voter information and aggregate information are distributed and managed. Since a blockchain distributes the voting information, it will be more secure than existing central server - based online voting systems. If blockchain technology is applied to public elections, and the transparency and confidentiality of the voting information is guaranteed, the cost of voting will be greatly reduced. This paper tries to apply to an online voting system the Ethereum platform from among the blockchain technologies. Ethereum is a highly scalable blockchain technology that provides a smart contract based on the Solidity language to develop an online voting contract and to distribute the contract to each voter. Each voter votes on the contract that has been distributed, and the votes are distributed to other voters. The experiment verifies the consistency of the stored voting information.

A Design for a Hyperledger Fabric Blockchain-Based Patch-Management System

  • Song, Kyoung-Tack;Kim, Shee-Ihn;Kim, Seung-Hee
    • Journal of Information Processing Systems
    • /
    • v.16 no.2
    • /
    • pp.301-317
    • /
    • 2020
  • An enterprise patch-management system (PMS) typically supplies a single point of failure (SPOF) of centralization structure. However, a Blockchain system offers features of decentralization, transaction integrity, user certification, and a smart chaincode. This study proposes a Hyperledger Fabric Blockchain-based distributed patch-management system and verifies its technological feasibility through prototyping, so that all participating users can be protected from various threats. In particular, by adopting a private chain for patch file set management, it is designed as a Blockchain system that can enhance security, log management, latest status supervision and monitoring functions. In addition, it uses a Hyperledger Fabric that owns a practical Byzantine fault tolerant consensus algorithm, and implements the functions of upload patch file set, download patch file set, and audit patch file history, which are major features of PMS, as a smart contract (chaincode), and verified this operation. The distributed ledger structure of Blockchain-based PMS can be a solution for distributor and client authentication and forgery problems, SPOF problem, and distribution record reliability problem. It not only presents an alternative to dealing with central management server loads and failures, but it also provides a higher level of security and availability.