© 2020

Build Your Own Blockchain

A Practical Guide to Distributed Ledger Technology


Part of the Management for Professionals book series (MANAGPROF)

Table of contents

  1. Front Matter
    Pages i-xvi
  2. Blockchain Fundamentals

    1. Front Matter
      Pages 1-1
    2. Daniel Hellwig, Goran Karlic, Arnd Huchzermeier
      Pages 3-27
    3. Daniel Hellwig, Goran Karlic, Arnd Huchzermeier
      Pages 29-51
    4. Daniel Hellwig, Goran Karlic, Arnd Huchzermeier
      Pages 53-74
    5. Daniel Hellwig, Goran Karlic, Arnd Huchzermeier
      Pages 75-97
    6. Daniel Hellwig, Goran Karlic, Arnd Huchzermeier
      Pages 99-121
  3. Cryptography Foundations

    1. Front Matter
      Pages 123-123
    2. Daniel Hellwig, Goran Karlic, Arnd Huchzermeier
      Pages 125-148
    3. Daniel Hellwig, Goran Karlic, Arnd Huchzermeier
      Pages 149-170
  4. Real-World Applications

    1. Front Matter
      Pages 171-171
    2. Daniel Hellwig, Goran Karlic, Arnd Huchzermeier
      Pages 173-183
  5. Back Matter
    Pages 185-187

About this book


This book provides a comprehensive introduction to blockchain and distributed ledger technology. Intended as an applied guide for hands-on practitioners, the book includes detailed examples and in-depth explanations of how to build and run a blockchain from scratch. Through its conceptual background and hands-on exercises, this book allows students, teachers and crypto enthusiasts to launch their first blockchain while assuming prior knowledge of the underlying technology.

How do I build a blockchain? How do I mint a cryptocurrency? How do I write a smart contract? How do I launch an initial coin offering (ICO)? These are some of questions this book answers. Starting by outlining the beginnings and development of early cryptocurrencies, it provides the conceptual foundations required to engineer secure software that interacts with both public and private ledgers. The topics covered include consensus algorithms, mining and decentralization, and many more. 

“This is a one-of-a-kind book on Blockchain technology.  The authors achieved the perfect balance between the breadth of topics and the depth of technical discussion.  But the real gem is the set of carefully curated hands-on exercises that guide the reader through the process of building a Blockchain right from Chapter 1.” Volodymyr Babich, Professor of Operations and Information Management, McDonough School of Business, Georgetown University

"An excellent introduction of DLT technology for a non-technical audience. The book is replete with examples and exercises, which greatly facilitate the learning of the underlying processes of blockchain technology for all, from students to entrepreneurs.” Serguei Netessine, Dhirubhai Ambani Professor of Innovation and Entrepreneurship, The Wharton School, University of Pennsylvania

“Whether you want to start from scratch or deepen your blockchain knowledge about the latest developments, this book is an essential reference. Reading this book, you’ll get inspired, be able to assess the applicability of blockchain to supply chain operations, and learn from best practices recognized in real-world examples.”
Ralf W. Seifert,
Professor of Technology and Operations Management at EPFL and
Professor of Operations Management at IMD


Distributed ledger Cryptocurrency DLT Trustless systems Smart contracts Consensus algorithms Mining Decentralization

Authors and affiliations

  1. 1.Kepler CannonNew York CityUSA
  2. 2.Kepler CannonNew York CityUSA
  3. 3.WHU-Otto Beisheim School of ManagementVallendarGermany

About the authors

Daniel Hellwig is a Principal at Kepler Cannon, a New York based strategic advisory firm. He is currently also active as a researcher at WHU - Otto Beisheim School of Management. Daniel completed his undergraduate studies at the Wharton School and holds a master’s degree in Industrial Engineering from UC Berkeley. He looks back at professional experiences at Deutsche Bank, Merrill Lynch, and Deloitte.

Goran Karlic is Senior Technology Consultant at Kepler Cannon, a New York based strategic advisory firm. Goran is co-founder of multiple startups and has developed products in the fields of artificial intelligence, distributed systems, machine vision, industrial process control and DLT.

Arnd Huchzermeier is Chaired Professor in Production Management at WHU - Otto Beisheim School of Management, Vallendar, Germany. Arnd taught at the Booth Graduate School of Business of the University of Chicago after earning his PhD from The Wharton School of the University of Pennsylvania. He is, among others, author of books on Supply Chain Finance and Industrial Excellence. He regularly publishes in leading managerial and academic journals.  

Bibliographic information

  • Book Title Build Your Own Blockchain
  • Book Subtitle A Practical Guide to Distributed Ledger Technology
  • Authors Daniel Hellwig
    Goran Karlic
    Arnd Huchzermeier
  • Series Title Management for Professionals
  • Series Abbreviated Title Management for Professionals
  • DOI
  • Copyright Information Springer Nature Switzerland AG 2020
  • Publisher Name Springer, Cham
  • eBook Packages Business and Management Business and Management (R0)
  • Hardcover ISBN 978-3-030-40141-2
  • Softcover ISBN 978-3-030-40144-3
  • eBook ISBN 978-3-030-40142-9
  • Series ISSN 2192-8096
  • Series E-ISSN 2192-810X
  • Edition Number 1
  • Number of Pages XVI, 187
  • Number of Illustrations 75 b/w illustrations, 140 illustrations in colour
  • Topics IT in Business
    Information Systems Applications (incl. Internet)
  • Buy this book on publisher's site
Industry Sectors
Chemical Manufacturing
IT & Software
Consumer Packaged Goods
Finance, Business & Banking