How Smart Tech is Making Blockchain Safer

Blockchain technology has grown fast since Bitcoin came out. It's now used in many areas like banking, supply chains, and even the Internet of Things. But with more users, there's a mix of good and bad transactions. This makes it hard to keep trust in the system. Researchers have come up with a smart way to sort out risky transactions. They use machine learning to check each transaction. First, they pick out important details using different methods. Then, they combine these details to make a better list. Next, they use this list to train different machine learning models. Finally, they mix the results from these models to make a final decision. They tested this on three different blockchain datasets. The results were impressive. The best method, called Rank Averaging, was able to correctly identify transactions with 99. 24% accuracy. Another method, Rank Aggregation, was close behind with 98. 73% accuracy. This shows that using smart tech can make blockchain safer. But it's important to keep improving these methods. As blockchain grows, so do the challenges. Researchers need to stay ahead of the game.