Blockchain Challenges and Security Schemes: A Survey

Abstract

With the increasing number of connected devices and the number of online transactions today, managing all these transactions and devices and maintaining network security is a research issue. Current solutions are mainly based on cloud computing infrastructures, which require servers high-end and broadband networks to provide data storage and computing services. These solutions have a number of significant disadvantages, such as high maintenance costs of centralized servers, critical weakness of Internet Of Things applications, security and trust issues, etc. The blockchain is seen as a promising technique for addressing the mentioned security issues and design new decentralization frameworks. However, this new technology has a great potential in the most diverse technological fields. In this paper, we focus on presenting an overview of blockchain technology, highlighting its advantages, limitations and areas of application. The originality of this work resides in the comparison between the different blockchain systems and their security schemes and the perspective of integrating this technology into secured systems models for our comfort and our private life.