Summary
In this chapter, readers have been introduced to the security, confidentiality, and privacy aspects of blockchain technology. Privacy was discussed, which is another major inhibiting factor in adapting public blockchains for various industries. Next, smart contract security, which is a very hot topic currently, was discussed. It is a deep and extensive subject but a brief introduction on various aspects has been given, which should serve as a solid ground for further research in this area. For example, formal verification on its own is a vast area for research. Furthermore, examples of formal verification have also been provided to give readers an idea of what tools are available. It should be noted that the tools mentioned above are under heavy development and lack various desirable features. Also, documentation is quite scarce; therefore, readers are encouraged to keep an eye on developments, especially around formal verification and developments related to the Ethereum mauve...