Cited by 221Blockchain Technology Applications and SecurityBlockchain Technology in Education and LearningCryptography and Data Security

Are blockchains immune to all malicious attacks?

Open access
Xu, Jennifer J.·2016·Financial Innovation

Abstract

In recent years, blockchain technology has attracted considerable attention. It records cryptographic transactions in a public ledger that is difficult to alter and compromise because of the distributed consensus. As a result, blockchain is believed to resist fraud and hacking. This work explores the types of fraud and malicious activities that can be prevented by blockchain technology and identifies attacks to which blockchain remains vulnerable. This study recommends appropriate defensive measures and calls for further research into the techniques for fighting malicious activities related to blockchains.

Integrity signals

Registry

Crossref · 10.1186/s40854-016-0046-5

Cites

15 of 15 references verified0 citation errors · 0 not checkable

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  • There is vulnerability around the blockchain system; the implementation around it can be attacked.

    “First, there is vulnerability around the blockchain system. Although blockchain technology is tamper-resistant, the implementation around it can be attacked. Poorly maintained and outdated codes allowed vulnerability in an incident involving a decentralized autonomous organization [42].”

    From Tamper-Resistant Mobile Health Using Blockchain Technology. (2017) · cites this paper as [42]

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Authors
Xu, J. J.
Affiliations
Bentley University (US)
Corresponding author
Xu, Jennifer J.
Venue
Financial Innovation
Published
2016-12
Volume
2
Issue
1
ISSN
2199-4730 (ISSN-L)
OpenAlex
W2559837735
Cited by
221
References
15
Citations by year
2026: 5 · 2025: 16 · 2024: 17 · 2023: 39 · 2022: 31 · 2021: 27 · 2020: 31 · 2019: 32 · 2018: 18 · 2017: 4 · 2016: 1
FWCI
40.92
Type
journal article
Language
en
Open access
Locations
  • Financial Innovation (publishedVersion, cc-by)
  • RePEc: Research Papers in Economics (submittedVersion)
  • Econstor (Econstor) (submittedVersion, cc-by)
Topics
  • Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
  • Physical Sciences › Computer Science › Information Systems › Blockchain Technology in Education and Learning
  • Physical Sciences › Computer Science › Artificial Intelligence › Cryptography and Data Security
Keywords
blockchain security, blockchain attacks, fraud prevention, malicious activity, distributed consensus, public ledger, defensive measures

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