2017
DOI: 10.3390/sym9080164
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Blockchain Security in Cloud Computing: Use Cases, Challenges, and Solutions

Abstract: Blockchain has drawn attention as the next-generation financial technology due to its security that suits the informatization era. In particular, it provides security through the authentication of peers that share virtual cash, encryption, and the generation of hash value. According to the global financial industry, the market for security-based blockchain technology is expected to grow to about USD 20 billion by 2020. In addition, blockchain can be applied beyond the Internet of Things (IoT) environment; its … Show more

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Cited by 264 publications
(133 citation statements)
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References 34 publications
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“…While there has been a lot of attention towards the blockchain technology, there are relatively few surveys conducted in this area. These survyes can be classified into one of the 3 categories: 1) applications [5][6][7][8][9][10][11][12][13], 2) privacy issues and security threats [14][15][16], and 3) consensus protocols [1,[17][18][19].…”
Section: Related Surveysmentioning
confidence: 99%
See 1 more Smart Citation
“…While there has been a lot of attention towards the blockchain technology, there are relatively few surveys conducted in this area. These survyes can be classified into one of the 3 categories: 1) applications [5][6][7][8][9][10][11][12][13], 2) privacy issues and security threats [14][15][16], and 3) consensus protocols [1,[17][18][19].…”
Section: Related Surveysmentioning
confidence: 99%
“…Feng et al [15] reviewed the different privacy threats and provided a taxonomy of existing cryptographic defense mechanisms to tackle those threats. Park et al [16] presented the security challenges and associated solutions in the bitcoin network. The authors also proposed solution to secure data in cloud computing environment using Blockchain.…”
Section: Related Surveysmentioning
confidence: 99%
“…Blockchain technology can be a tool for social innovation as well as improve the efficiency of government [15]. Blockchain is attracting attention as next-generation financial technology due to the provision of security suitable for the information age [16]. According to the World Economic Forum report, global spending on blockchain solutions is estimated to reach USD $12.4 billion in 2022 and provides several benefits across industries, including automotive, banking, consumer goods, energy, healthcare, insurance, and railroad industries [17].…”
Section: Literature Reviewmentioning
confidence: 99%
“…IoT and blockchain are key topics when discussing the direction of future technologies [18]. Prior studies have categorized and compared blockchain methodologies that provide security and protect privacy with respect to blockchain models, specific security objectives, performance, limitations, and computational complexity through a comprehensive survey of blockchain protocols for IoT networks [16,19,20].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Since the hash values stored in each 2 Security and Communication Networks peer in the block are affected by the values of the previous blocks, it is very difficult to falsify and alter the registered data. Although data alteration is possible if 51% of peers are hacked at the same time, the attack scenario is realistically very difficult [19].…”
Section: Introductionmentioning
confidence: 99%