A Comprehensive Review of the Security and Privacy Issues in Blockchain Technologies

Abstract

The development of blockchain technology relies on a variety of disciplines, including cryptography, mathematics, algorithms, and economic models. All cryptocurrency transactions are recorded on a digital and decentralized public ledger known as the blockchain. Customers may keep track of their crypto-transactions by looking at a chronological list rather than a centralized ledger. The blockchain's application potential is bright, and it has already produced results. In various fields, blockchain technology has been incorporated and deployed, from the earliest days of cryptocurrencies to the present day with new-age smart contracts. No comprehensive study on blockchain security and privacy has yet been done despite numerous studies in this area over the years. In this chapter, the authors talked about blockchain's security and privacy issues as well as the impact they've had on various trends and applications. This chapter covers both of these topics.