Analytical tools for blockchain: review, taxonomy and open challenges.
Abstract
Bitcoin has introduced a new concept that could feasibly revolutionise the entire Internet as it exists, and positively impact on many types of industries including, but not limited to, banking, public sector and supply chain. This innovation is grounded on pseudo-anonymity and strives on its innovative decentralised architecture based on the blockchain technology. Blockchain is pushing forward a race of transaction-based applications with trust establishment without the need for a centralised authority, promoting accountability and transparency within the business process. However, a blockchain ledger (e.g., Bitcoin) tend to become very complex and specialised tools, collectively called “Blockchain Analytics”, are required to allow individuals, law enforcement agencies and service providers to search, explore and visualise it. Over the last years, several analytical tools have been developed with capabilities that allow, e.g., to map relationships, examine flow of transactions and filter crime instances as a way to enhance forensic investigations. This paper discusses the current state of blockchain analytical tools and presents a thematic taxonomy model based on their applications. It also examines open challenges for future development and research.Citation
Balaskas, A. and Franqueira, V. N. L. (2018). ‘Analytical Tools for Blockchain: Review, Taxonomy and Open Challenges’, Proceedings of the 2018 International Conference on Cyber Security and Protection of Digital Services (Cyber Security), Glasgow, UK, 11-12 June. DOI: 10.1109/CyberSecPODS.2018.8560672.Publisher
IEEE Computer SocietyJournal
IEE ExploreDOI
10.1109/CyberSecPODS.2018.8560672Additional Links
https://ieeexplore.ieee.org/document/8560672/Type
ArticleLanguage
enISBN
9781538646830ae974a485f413a2113503eed53cd6c53
10.1109/CyberSecPODS.2018.8560672