An Overview of Blockchain Applications and Attacks

Rahul Rao Vokerla; Bharanidharan Shanmugam; Sami Azam; Asif Karim; Friso De Boer; Mirjam Jonkman; Fahad Faisal

doi:10.1109/ViTECoN.2019.8899450

An Overview of Blockchain Applications and Attacks

Rahul Rao Vokerla
, Bharanidharan Shanmugam
, Sami Azam
, Asif Karim
, Friso De Boer
, Mirjam Jonkman
, Fahad Faisal

Higher Degree by Research (HDR) Cohort

Research output: Chapter in Book/Report/Conference proceeding › Conference Paper published in Proceedings › peer-review

41 Citations (Scopus)

Abstract

In recent decades, Information Technology has contributed fundamentally to the development of financial markets, reforming the way in which financial institutions interact with each other. However, the established practices and norms of this sector may face an all-out overhaul as remarkable innovations such as Blockchain are maturing. The essence of Blockchain is that it is a public, shared and carefully designed record that allows mutually unknown individuals and institutions to share data in a reliable ledger and carry out all kinds of transactions. This ground-breaking technology is developed from cryptography and peer-to-peer network technologies. It is nearly immune to the majority of today's digital threats. Besides financial institutions, Blockchain based solutions have made it into other industries such as real estate, health care, the media as well as Government bodies. This paper will explain how Blockchain works, what it really is, types, its applications and threats and will offer a few ideas for prospective expansion of this technology.

Original language	English
Title of host publication	Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019
Editors	Thanikaiselvan V
Place of Publication	Piscataway, NJ
Publisher	IEEE, Institute of Electrical and Electronics Engineers
Pages	1-6
Number of pages	6
Edition	1
ISBN (Electronic)	9781538693537
DOIs	https://doi.org/10.1109/ViTECoN.2019.8899450
Publication status	Published - Mar 2019
Event	2019 International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019 - Vellore, Tamilnadu, India Duration: 30 Mar 2019 → 31 Mar 2019

Publication series

Name	Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019

Conference

Conference	2019 International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019
Country/Territory	India
City	Vellore, Tamilnadu
Period	30/03/19 → 31/03/19

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Access to Document

10.1109/ViTECoN.2019.8899450

Cite this

Vokerla, R. R., Shanmugam, B., Azam, S., Karim, A., Boer, F. D., Jonkman, M., & Faisal, F. (2019). An Overview of Blockchain Applications and Attacks. In T. V. (Ed.), Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019 (1 ed., pp. 1-6). Article 8899450 (Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019). IEEE, Institute of Electrical and Electronics Engineers. https://doi.org/10.1109/ViTECoN.2019.8899450

Vokerla, Rahul Rao ; Shanmugam, Bharanidharan ; Azam, Sami et al. / An Overview of Blockchain Applications and Attacks. Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019. editor / Thanikaiselvan V. 1. ed. Piscataway, NJ : IEEE, Institute of Electrical and Electronics Engineers, 2019. pp. 1-6 (Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019).

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title = "An Overview of Blockchain Applications and Attacks",

abstract = "In recent decades, Information Technology has contributed fundamentally to the development of financial markets, reforming the way in which financial institutions interact with each other. However, the established practices and norms of this sector may face an all-out overhaul as remarkable innovations such as Blockchain are maturing. The essence of Blockchain is that it is a public, shared and carefully designed record that allows mutually unknown individuals and institutions to share data in a reliable ledger and carry out all kinds of transactions. This ground-breaking technology is developed from cryptography and peer-to-peer network technologies. It is nearly immune to the majority of today's digital threats. Besides financial institutions, Blockchain based solutions have made it into other industries such as real estate, health care, the media as well as Government bodies. This paper will explain how Blockchain works, what it really is, types, its applications and threats and will offer a few ideas for prospective expansion of this technology.",

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Vokerla, RR, Shanmugam, B , Azam, S , Karim, A, Boer, FD, Jonkman, M & Faisal, F 2019, An Overview of Blockchain Applications and Attacks. in TV (ed.), Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019. 1 edn, 8899450, Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019, IEEE, Institute of Electrical and Electronics Engineers, Piscataway, NJ, pp. 1-6, 2019 International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019, Vellore, Tamilnadu, India, 30/03/19. https://doi.org/10.1109/ViTECoN.2019.8899450

An Overview of Blockchain Applications and Attacks. / Vokerla, Rahul Rao; Shanmugam, Bharanidharan ; Azam, Sami et al.
Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019. ed. / Thanikaiselvan V. 1. ed. Piscataway, NJ: IEEE, Institute of Electrical and Electronics Engineers, 2019. p. 1-6 8899450 (Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019).

Research output: Chapter in Book/Report/Conference proceeding › Conference Paper published in Proceedings › peer-review

TY - GEN

T1 - An Overview of Blockchain Applications and Attacks

AU - Vokerla, Rahul Rao

AU - Shanmugam, Bharanidharan

AU - Azam, Sami

AU - Karim, Asif

AU - Boer, Friso De

AU - Jonkman, Mirjam

AU - Faisal, Fahad

PY - 2019/3

Y1 - 2019/3

N2 - In recent decades, Information Technology has contributed fundamentally to the development of financial markets, reforming the way in which financial institutions interact with each other. However, the established practices and norms of this sector may face an all-out overhaul as remarkable innovations such as Blockchain are maturing. The essence of Blockchain is that it is a public, shared and carefully designed record that allows mutually unknown individuals and institutions to share data in a reliable ledger and carry out all kinds of transactions. This ground-breaking technology is developed from cryptography and peer-to-peer network technologies. It is nearly immune to the majority of today's digital threats. Besides financial institutions, Blockchain based solutions have made it into other industries such as real estate, health care, the media as well as Government bodies. This paper will explain how Blockchain works, what it really is, types, its applications and threats and will offer a few ideas for prospective expansion of this technology.

AB - In recent decades, Information Technology has contributed fundamentally to the development of financial markets, reforming the way in which financial institutions interact with each other. However, the established practices and norms of this sector may face an all-out overhaul as remarkable innovations such as Blockchain are maturing. The essence of Blockchain is that it is a public, shared and carefully designed record that allows mutually unknown individuals and institutions to share data in a reliable ledger and carry out all kinds of transactions. This ground-breaking technology is developed from cryptography and peer-to-peer network technologies. It is nearly immune to the majority of today's digital threats. Besides financial institutions, Blockchain based solutions have made it into other industries such as real estate, health care, the media as well as Government bodies. This paper will explain how Blockchain works, what it really is, types, its applications and threats and will offer a few ideas for prospective expansion of this technology.

KW - Bitcoin

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KW - Distributed ledger technology

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KW - Public ledger

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DO - 10.1109/ViTECoN.2019.8899450

M3 - Conference Paper published in Proceedings

T3 - Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019

SP - 1

EP - 6

BT - Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019

A2 - , Thanikaiselvan V

PB - IEEE, Institute of Electrical and Electronics Engineers

CY - Piscataway, NJ

T2 - 2019 International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019

Y2 - 30 March 2019 through 31 March 2019

ER -

Vokerla RR, Shanmugam B , Azam S , Karim A, Boer FD, Jonkman M et al. An Overview of Blockchain Applications and Attacks. In TV, editor, Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019. 1 ed. Piscataway, NJ: IEEE, Institute of Electrical and Electronics Engineers. 2019. p. 1-6. 8899450. (Proceedings - International Conference on Vision Towards Emerging Trends in Communication and Networking, ViTECoN 2019). doi: 10.1109/ViTECoN.2019.8899450

An Overview of Blockchain Applications and Attacks

Abstract

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UN SDGs

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