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The emerging blockchain technology supports decentralized computing paradigm shift and is a rapidly approaching phenomenon. While blockchain is thought primarily as the basis of Bitcoin, its application has grown far beyond cryptocurrencies due to the introduction of smart contracts. Smart contracts are self-enforcing pieces of software, which reside and run over a hosting blockchain. Using blockchain-based smart contracts for secure and transparent management to govern interactions (authentication, connection, and transaction) in Internet-enabled environments, mostly IoT, is a niche area of research and practice. However, writing trustworthy and safe smart contracts can be tremendously challenging because of the complicated semantics of underlying domain-specific languages and its testability. There have been high-profile incidents that indicate blockchain smart contracts could contain various code-security vulnerabilities, instigating financial harms. When it involves security of smart contracts, developers embracing the ability to write the contracts should be capable of testing their code, for diagnosing security vulnerabilities, before deploying them to the immutable environments on blockchains. However, there are only a handful of security testing tools for smart contracts. This implies that the existing research on automatic smart contracts security testing is not adequate and remains in a very stage of infancy. With a specific goal to more readily realize the application of blockchain smart contracts in security and privacy, we should first understand their vulnerabilities before widespread implementation. Accordingly, the goal of this paper is to carry out a far-reaching experimental assessment of current static smart contracts security testing tools, for the most widely used blockchain, the Ethereum and its domain-specific programming language, Solidity to provide the first...
We introduce the Clockwork Finance Framework (CFF), a general purpose, formal verification framework for mechanized reasoning about the economic security properties of composed decentralized-finance (DeFi) smart contracts. CFF features three key pr
In this work we propose Dynamit, a monitoring framework to detect reentrancy vulnerabilities in Ethereum smart contracts. The novelty of our framework is that it relies only on transaction metadata and balance data from the blockchain system; our app
Currently, blockchain proposals are being adopted to solve security issues, such as data integrity, resilience, and non-repudiation. To improve certain aspects, e.g., energy consumption and latency, of traditional blockchains, different architectures
Smart contracts are programs running on cryptocurrency (e.g., Ethereum) blockchains, whose popularity stem from the possibility to perform financial transactions, such as payments and auctions, in a distributed environment without need for any truste
With its unique advantages such as decentralization and immutability, blockchain technology has been widely used in various fields in recent years. The smart contract running on the blockchain is also playing an increasingly important role in decentr