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Security Architectural Approaches and Risk Assessment Methods for Blockchain Systems: A Review and Future Directions

  • Sabreen Ahmadjee*
  • , Carlos Mera-Gómez
  • , Rami Bahsoon
  • , Rajkumar Buyya
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

Amid the widespread use of blockchain technology, the escalating frequency of cyberattacks exploiting its inherent security challenges underscores the critical necessity for a robust and adaptable security risk assessment approach. The distinctive attributes and intricate internal structure of blockchain not only attract malicious actors but also elevate the risk of ill-informed architectural design decisions, potentially introducing security vulnerabilities. This study addresses this imperative by conducting a systematic literature review, classifying publications that elucidate secure architectural design approaches and categorising those that delineate methods for assessing security risks associated with blockchain and smart contracts. The findings reveal four prevalent approaches supporting secure architectural design—decision models, taxonomies, design patterns and guidelines—alongside contributions in blockchain risk assessment encompassing risk identification, analysis and evaluation methods. Furthermore, the study identifies unresolved architectural design challenges and proposes future research directions in this evolving landscape.

Original languageEnglish
Article number7
Number of pages21
JournalDistributed Ledger Technologies
Volume5
Issue number1
Early online date11 Mar 2025
DOIs
Publication statusPublished - Mar 2026

Bibliographical note

Publisher Copyright:
© 2025 Copyright held by the owner/author(s). Publication rights licensed to ACM.

Keywords

  • Blockchain
  • Risk Assessment
  • Security
  • Smart Contract

ASJC Scopus subject areas

  • Management Information Systems
  • Information Systems
  • Computer Science Applications

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