A Proposed Hardened Smart Contract framework for Proactive Cybersecurity Enforcement in Blockchain Systems

Abstract

The smart contracts facilitated by blockchains allow the decentralized and automated implementation of digital contracts, yet the current security measures in this space are mostly geared towards vulnerability detection and post-implementation functionality, which do not provide much defence against runtime attacks. The paper analyses the concept of smart contracts as a unified approach to cybersecurity, and provides a Hardened Smart Contract Model (HSCM) as a proactive and runtime security quotient model. The suggested model places policy-conscious logic, formal safety requirements, risk aversive execution, upgradability under control by governance, and unchangeable auditability directly in the design of contracts. The framework guarantees the elimination of unauthorized access, re-entrancy and logic abuse by providing runtime verification and automated response measures that avert such violations even before state transitions take place. A fair amount of experimental confirmation on an Ethereum-compatible system proves that there is a high security guarantee with tolerable load overhead, the deployed smart contracts could be hardened.