Towards a Secure Blockchain Ecosystem: Current Vulnerabilities and Future Directions in Smart Contract Security

As a distributed shared transaction ledger, blockchain technology has the characteristics of decentralization, immutable, irreversible and traceable, and is changing the inherent model of traditional industries. Smart contracts, as one of the core applications of blockchain technology, provide the b...

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Main Author: Zhao Boya
Format: Article
Language:English
Published: EDP Sciences 2025-01-01
Series:ITM Web of Conferences
Online Access:https://www.itm-conferences.org/articles/itmconf/pdf/2025/04/itmconf_iwadi2024_03014.pdf
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author Zhao Boya
author_facet Zhao Boya
author_sort Zhao Boya
collection DOAJ
description As a distributed shared transaction ledger, blockchain technology has the characteristics of decentralization, immutable, irreversible and traceable, and is changing the inherent model of traditional industries. Smart contracts, as one of the core applications of blockchain technology, provide the basis for a variety of practical applications. However, the frequent security problems of smart contracts have not only caused huge economic losses, but also hindered the development of blockchain systems. According to relevant studies, the economic losses caused by smart contract security breaches have exceeded billions of dollars. Therefore, the security of smart contracts has become a hot topic at home and abroad. This study discusses the technical vulnerabilities and corresponding solutions of smart contracts from the code level. In-depth analysis of security vulnerabilities in smart contracts can help identify and repair potential security hazards, improve the overall security of contracts, and prevent the theft of funds or abnormal execution of contracts. By raising the security awareness of developers, enterprises and users, it is possible to promote the application of smart contracts in high-security fields such as finance and law and promote the healthy development of the blockchain ecosystem.
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spelling doaj-art-a4c46d8ac4894a6fb1a5cb0e3d9f35a32025-08-20T03:02:18ZengEDP SciencesITM Web of Conferences2271-20972025-01-01730301410.1051/itmconf/20257303014itmconf_iwadi2024_03014Towards a Secure Blockchain Ecosystem: Current Vulnerabilities and Future Directions in Smart Contract SecurityZhao Boya0School of Computer and Information, Hebei Finance UniversityAs a distributed shared transaction ledger, blockchain technology has the characteristics of decentralization, immutable, irreversible and traceable, and is changing the inherent model of traditional industries. Smart contracts, as one of the core applications of blockchain technology, provide the basis for a variety of practical applications. However, the frequent security problems of smart contracts have not only caused huge economic losses, but also hindered the development of blockchain systems. According to relevant studies, the economic losses caused by smart contract security breaches have exceeded billions of dollars. Therefore, the security of smart contracts has become a hot topic at home and abroad. This study discusses the technical vulnerabilities and corresponding solutions of smart contracts from the code level. In-depth analysis of security vulnerabilities in smart contracts can help identify and repair potential security hazards, improve the overall security of contracts, and prevent the theft of funds or abnormal execution of contracts. By raising the security awareness of developers, enterprises and users, it is possible to promote the application of smart contracts in high-security fields such as finance and law and promote the healthy development of the blockchain ecosystem.https://www.itm-conferences.org/articles/itmconf/pdf/2025/04/itmconf_iwadi2024_03014.pdf
spellingShingle Zhao Boya
Towards a Secure Blockchain Ecosystem: Current Vulnerabilities and Future Directions in Smart Contract Security
ITM Web of Conferences
title Towards a Secure Blockchain Ecosystem: Current Vulnerabilities and Future Directions in Smart Contract Security
title_full Towards a Secure Blockchain Ecosystem: Current Vulnerabilities and Future Directions in Smart Contract Security
title_fullStr Towards a Secure Blockchain Ecosystem: Current Vulnerabilities and Future Directions in Smart Contract Security
title_full_unstemmed Towards a Secure Blockchain Ecosystem: Current Vulnerabilities and Future Directions in Smart Contract Security
title_short Towards a Secure Blockchain Ecosystem: Current Vulnerabilities and Future Directions in Smart Contract Security
title_sort towards a secure blockchain ecosystem current vulnerabilities and future directions in smart contract security
url https://www.itm-conferences.org/articles/itmconf/pdf/2025/04/itmconf_iwadi2024_03014.pdf
work_keys_str_mv AT zhaoboya towardsasecureblockchainecosystemcurrentvulnerabilitiesandfuturedirectionsinsmartcontractsecurity