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Attack Vectors for Blockchain and Mapping OWASP Vulnerabilities to Smart Contracts

In: Blockchain Technologies, Applications and Cryptocurrencies Current Practice and Future Trends

Author

Listed:
  • Akashdeep Bhardwaj
  • Sam Goundar

Abstract

Smart contracts powered by Blockchain render transaction processes more effective, secure and efficient when viewed alongside conventional contacts. Smart Contracts facilitate a trustworthy process and are characterized by time efficiency, cost-effectiveness and transparency, without any necessity for intervention by third-party intermediaries like lawyers. While Blockchains can counter, in a good way, traditional cyber-security attacks on Smart Contract Applications, cyber-criminals keep evolving new mechanisms of threats and attack vectors, capable of hacking Blockchain technologies. The research done in this chapter presents a unique framework to perform Application Security Testing on Blockchain-based Smart Contracts and also compares Manual Penetration Testing with two automated Smart Contract tools to identify critical vulnerabilities on the commercial scale in the Blockchain environment.

Suggested Citation

  • Akashdeep Bhardwaj & Sam Goundar, 2020. "Attack Vectors for Blockchain and Mapping OWASP Vulnerabilities to Smart Contracts," World Scientific Book Chapters, in: Sam Goundar (ed.), Blockchain Technologies, Applications and Cryptocurrencies Current Practice and Future Trends, chapter 6, pages 139-156, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811205279_0006
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    More about this item

    Keywords

    Blockchains; Cryptocurrencies; Distributed Ledger Technologies; Bitcoin; FinTech;
    All these keywords.

    JEL classification:

    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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