Security Challenges and Applications for Digital Transactions Using Blockchain Technology
摘要
The research looks into the security risks present in the transactions involving the swap of any particular digital asset to another digital asset on one of the most popular automated market maker based decentralized exchange model, which is widely adopted and utilized daily on the various popular blockchain network platforms that support decentralized applications built with the help of solidity smart contracts, such as Ethereum, Binance Smart Chain, Polygon, Fantom etc. The research then aims to propose a solution tackling the said security risks involved in the swap based transactions taking place on these existing models along with building upon them, to facilitate the features that are introduced in various recently emerging modern digital assets, which too fail in achieving the desired goals of the said features due to the limitations introduced by the architectural design of the existing decentralized exchange model.