Blockchain for Construction
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Beschreibung
This book highlights the design, use and structure of blockchain systems and decentralized ledger technologies (B/DLT) for use in the construction industry. Construction remains a fragmented change-resistant industry with chronic problems of underproductivity and a very low digitization factor compared to other fields. In parallel, the convergence, embedding and coordination of digital technologies in the physical world provides a unique opportunity for the construction industry to leap ahead and adopt fourth industrial revolution technologies. Within this context, B/DLT are an excellent fit for the digitization of the construction industry. B/DLT are effective in this as they organize and align digital and physical supply chains, produce stigmergic coordination out of decentralization, enable the governance of complex projects for multiple stakeholders, while enabling the creation of a new class of business models and legal instruments for construction.
This book highlights the design, use and structure of blockchain systems and decentralized ledger technologies (B/DLT) for use in the construction industry. Construction remains a fragmented change-resistant industry with chronic problems of underproductivity and a very low digitization factor compared to other fields. In parallel, the convergence, embedding and coordination of digital technologies in the physical world provides a unique opportunity for the construction industry to leap ahead and adopt fourth industrial revolution technologies. Within this context, B/DLT are an excellent fit for the digitization of the construction industry. B/DLT are effective in this as they organize and align digital and physical supply chains, produce stigmergic coordination out of decentralization, enable the governance of complex projects for multiple stakeholders, while enabling the creation of a new class of business models and legal instruments for construction.
Highlights the design, use, and structure of blockchain systems and decentralized ledger technologies Discusses how blockchain technology in the physical world would provide a unique opportunity for digitization
Autor*in
Theodoros Dounas
Themen in »Blockchain for Construction«
Blockchain Systems Decentralized Ledger Technologies (DLT) Smart Contracts Digital Twins in Construction Construction Supply Chains Building Information Decentralized Autonomous Organizations Construction Through Blockchain Construction Industry Decentralised Finance