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Anomaly Detection in Blockchain Using Machine Learning

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Computational Intelligence for Engineering and Management Applications

Abstract

With the increasing use of Blockchain, community has become increasingly worried about its security, that has led to substantial research by academics, with anomaly detection being a major issue. Regardless of the fact that they can provide availability and integrity, the bulk of public Blockchain systems are decentralized and have minimal confidentiality. The Blockchain network is vulnerable to transaction privacy breaches since all of the network's keys are exposed to everyone. Various security flaws in Ethereum and smart contracts have recently been discovered. As a result, it's critical to improve Blockchain’s security features. This research will mainly use the literature survey method and the inductive analysis method to analyze the relevant research works for anomaly detection in Blockchain technology and to find out the trends and characteristics of the development and application of the anomaly detection models and explore its feasibility in ensuring security in Blockchain technology. This paper also proposes a framework for anomaly detection in Blockchain technology.

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Correspondence to S. B. Goyal .

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Sanjay Rai, G., Goyal, S.B., Chatterjee, P. (2023). Anomaly Detection in Blockchain Using Machine Learning. In: Chatterjee, P., Pamucar, D., Yazdani, M., Panchal, D. (eds) Computational Intelligence for Engineering and Management Applications. Lecture Notes in Electrical Engineering, vol 984. Springer, Singapore. https://doi.org/10.1007/978-981-19-8493-8_37

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