METHOD AND SYSTEM FOR BLOCKCHAIN INTRUSION PREVENTION

A method for preventing blockchain intrusion includes the steps of detecting a transaction broadcasted to a blockchain network, determining if the transaction is authorized or unauthorized, and taking a prevention action if the transaction is unauthorized. The proposed system and method are not only...

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Bibliographic Details
Main Authors NG, Ming Sum Sam, TAM, King Yin, CHAN, Matthew David, YOUNG, Tung Ling Terry, LAU, Jason Wai King
Format Patent
LanguageEnglish
French
German
Published 10.11.2021
Subjects
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Summary:A method for preventing blockchain intrusion includes the steps of detecting a transaction broadcasted to a blockchain network, determining if the transaction is authorized or unauthorized, and taking a prevention action if the transaction is unauthorized. The proposed system and method are not only adapted to detect unauthorized transactions but they can also cancel unauthorized transactions if the system prepare some data/arrangements in advance.
Bibliography:Application Number: EP20210170769