Build Your Own Blockchain A Practical Guide to Distributed Ledger Te
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 fr
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Daniel Hellwig Goran Karlic Arnd Huchzermeier
Build Your Own Blockchain A Practical Guide to Distributed Ledger Technology
Management for Professionals
The Springer series Management for Professionals comprises high-level business and management books for executives. The authors are experienced business professionals and renowned professors who combine scientific background, best practice, and entrepreneurial vision to provide powerful insights into how to achieve business excellence.
More information about this series at http://www.springer.com/series/10101
Daniel Hellwig • Goran Karlic Arnd Huchzermeier
•
Build Your Own Blockchain A Practical Guide to Distributed Ledger Technology
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Daniel Hellwig Kepler Cannon New York City, NY, USA
Goran Karlic Kepler Cannon New York City, NY, USA
WHU-Otto Beisheim School of Management Vallendar, Germany Arnd Huchzermeier WHU-Otto Beisheim School of Management Vallendar, Germany
ISSN 2192-8096 ISSN 2192-810X (electronic) Management for Professionals ISBN 978-3-030-40141-2 ISBN 978-3-030-40142-9 (eBook) https://doi.org/10.1007/978-3-030-40142-9 © Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
Introduction to DLT: Build Your Own Blockchain Blockchain technology is arguably among the most discussed innovations since the emergence of the Internet. By leveraging the concepts of decentralization, reliability, and anti-counterfeiting security, blockchain has the potential to enable a broad field of innovative applications and new forms of cooperation. At its core, blockchain brokers data in the absence of an obvious centralized authority and can help establish trust among all network participants. What'
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