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2019/2020  KAN-CDASV1905U  Foundations of Blockchain and Smart Contracts

English Title
Foundations of Blockchain and Smart Contracts

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 120
Study board
Study Board for BSc/MSc in Business Administration and Information Systems, MSc
Course coordinator
  • Raghava Rao Mukkamala - Department of Digitalisation
Main academic disciplines
  • Information technology
Teaching methods
  • Face-to-face teaching
Last updated on 04-06-2019

Relevant links

Learning objectives
Describe the phenomena of blockchain technology
  • Summarize different fundamental concepts, techniques and methods of blockchain
  • Explore different platforms (such as Ethereum) to implement applications on blockchain based technologies such as smart contracts
  • Outline the applicability of blockchain technology for different domains and use cases for Finance and other domains
  • Characterize the linkages between distributed consensus, incentives, mining schemes and various kinds attacks on blockchain based applications
  • Demonstrate an understanding of the underlying technology of transactions, blocks, proof-of-work, and distributed consensus mechanism
  • Identify the key challenges and design goals for building decentralised blockchain based applications
  • Critically assess the usage of blockchain technology for building applications other than cryptocurrencies
Course prerequisites
No prerequisites
Foundations of Blockchain and Smart Contracts:
Exam ECTS 7,5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance.
Individual or group exam Individual oral exam based on written group product
Number of people in the group 2-3
Size of written product Max. 15 pages
Assignment type Report
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-point grading scale
Examiner(s) Internal examiner and second internal examiner
Exam period Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content, structure and pedagogical approach
  • Introduction to cryptographic primitives such as hash functions, symmetric/ asymmetric encryption, digital signatures and public key cryptography.
  • Fundamentals of decentralization, distributed databases and distributed consensus protocols such as Byzantine fault tolerance
  • Consensus without identity using a block chain, incentives and proof of work
  • Bitcoin Cryptocurrency: mechanics of Bitcoin such as transactions, blocks, and Bitcoin network
  • Storing and spending Bitcoins: local storage vs online wallets, hot vs cold storage, payment services, transaction fees, currency exchange markets
  • Bitcoin mining scheme and alternative mining puzzles, anonymity in blockchain based applications with a special focus on anonymity in Bitcoin.
  • Decentralized Institutions, blockchain as a vehicle for decentralization and frameworks for blockchain and smart contracts such as Ethereum
  • Case studies and application scenerios for blockchain-based applications from financial, supply chains and other doamins such as cryptocurrencies,user-centric data and identity management and so on.
Description of the teaching methods
Teaching Materials:
Lecture slides
Scientific articles
Feedback during the teaching period
Feedback in the forms of question / answers and discussions during the class.
Student workload
Lectures 30 hours
Self study 46 hours
Prepare for the class 30 hours
Project work and report 100 hours
Total workload 206 hours
Expected literature







Publisher/ ISBN/ DOI





Arvind Narayanan, Joseph Bonneau, Edward Felten, Andrew Miller, Steven Goldfeder

Bitcoin and Cryptocurrency Technologies

Princeton University Press (July 19, 2016)

ISBN-13: 978-0691171692

Pre print copy URL:




Melanie Swan.

Blockchain: Blueprint for a new economy. "

O'Reilly Media, Inc.", 2015.




Andreas M.Antonopoulos.

Mastering Bitcoin Programming the Open Blockchain. 

O'Reilly Media, Inc.", 2017.










Tschorsch, Florian, and Björn Scheuermann. "Bitcoin and beyond: A technical survey on decentralized digital currencies." IEEE Communications Surveys & Tutorials 18.3 (2016): 2084-2123.

  Few more research papers will be provided
Last updated on 04-06-2019