Security Assessment of a Partially Decentralized Blockchain System

Yiwen Liu, Qingqing Ji, Quankai Zheng, Huaiyu Wu, Zhihai Wang, Gang Xiong · 2019

As a new technology with subversive significance in the Internet field, blockchain has received extensive attention from research and applications sector in recent years. Its decentralized structure and unchangeable data nature have a wide application prospect in Internet transactions. However, it is difficult to implement supervision in a partially decentralized system. Therefore, a blockchain system with a single or a few central nodes has emerged during the development of blockchain. For such special partially decentralized blockchain systems, more scientific development is needed. This paper takes X insurance trading chain as an example to study this partially decentralized blockchain system, to make a more scientific security assessment of this kind of system, and put forward corresponding countermeasures to improve the security of this kind of system.

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