2019
DOI: 10.14455/isec.res.2019.78
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Exploring Applications of Blockchain Technology in the Construction Industry

Abstract: Blockchain provides a secure decentralized information management system that can solve many common problems facing the construction industry. The loose structure of the construction industry, the way that public and private projects are tendered, and the supply chain system it uses for material and service delivery provide unique challenges and problems. New information technology management systems such as BIM and RFID are used to address some of these issues, though not completely. Blockchain technology can… Show more

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Cited by 51 publications
(41 citation statements)
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“…Big Data, and Analytics "circular economy" AND ("big data" OR "big data analytics") AND (construction OR building OR "built environment") 9 0 0 Blockchain Technology "circular economy" AND (blockchain OR "block chain") AND (construction OR building OR "built environment") 9 2 [156,197] Building Information Modelling "circular economy" AND (bim OR "building information model*") AND (construction OR building OR "built environment") 45 26 [43,48,49,54,162,166,168,192,194,195,197,205,206] Digital Marketplaces "circular economy" AND (marketplace OR "market place" OR "digital market*") AND (construction OR building OR "built environment") Geographical Information System "circular economy" AND (gis OR "Geograph* information system") AND (construction OR building OR "built environment") 14 5 [104,106,188,190] Material Passports and Databanks "circular economy" AND (passport OR "material passport" OR "resource passport" OR databank OR database) AND (construction OR building OR "built environment") 60 11 [50,96,180,191,194,195,209,210] The Internet of Things "circular economy" AND (iot OR "internet of things" OR "rfid" OR "wireless sensor networks") AND (construction OR building OR "built environment") 25 8 [54,55,197,201,[211][212][213] Total 265 77…”
Section: Mapped Onto the Cdb Frameworkmentioning
confidence: 99%
See 1 more Smart Citation
“…Big Data, and Analytics "circular economy" AND ("big data" OR "big data analytics") AND (construction OR building OR "built environment") 9 0 0 Blockchain Technology "circular economy" AND (blockchain OR "block chain") AND (construction OR building OR "built environment") 9 2 [156,197] Building Information Modelling "circular economy" AND (bim OR "building information model*") AND (construction OR building OR "built environment") 45 26 [43,48,49,54,162,166,168,192,194,195,197,205,206] Digital Marketplaces "circular economy" AND (marketplace OR "market place" OR "digital market*") AND (construction OR building OR "built environment") Geographical Information System "circular economy" AND (gis OR "Geograph* information system") AND (construction OR building OR "built environment") 14 5 [104,106,188,190] Material Passports and Databanks "circular economy" AND (passport OR "material passport" OR "resource passport" OR databank OR database) AND (construction OR building OR "built environment") 60 11 [50,96,180,191,194,195,209,210] The Internet of Things "circular economy" AND (iot OR "internet of things" OR "rfid" OR "wireless sensor networks") AND (construction OR building OR "built environment") 25 8 [54,55,197,201,[211][212][213] Total 265 77…”
Section: Mapped Onto the Cdb Frameworkmentioning
confidence: 99%
“…From a CE perspective, BCT is considered to be an enabling technology, particularly for the management of complex information networks in supply chain management [155,156]. In a sector that is characterized by low productivity and a fragmented supply chain [38], BCT might offer opportunities to leverage efficiency and transparency to maintain the value of resources along their lifecycle.…”
mentioning
confidence: 99%
“…Shojaei [7] sees construction benefiting from Blockchain in the following applications: (1) smart contracts, (2) supply chain management and circular economy; (3) Building Information Modelling (BIM); (4) Facility Management (FM); (5) sustainability. The term smart contract was first used by Nick Szabo in 1994 when he proposed using digital contracts as a guarantee for automated execution when requirements were met [8].…”
Section: Blockchain and Constructionmentioning
confidence: 99%
“…FM using Building Maintenance Systems (BMS) plus Blockchain is also expected to help controlling the advanced processes such as maintenance and demolition. The last field discussed by Shojaei [7] was sustainability. Sustainability goals will be easier to achieve if Blockchain was used in the supply chain because of material transparency which will give accurate whole life cycle cost and carbon emission estimates.…”
Section: Blockchain and Constructionmentioning
confidence: 99%
“…Therefore, the construction industry is struggling to make significant progress toward the broad scope of sustainability given the increasing need for efficient use of resources combined with the high complexity of projects and constant demand for high quality and cost control. One way to solve these issues would be through the implementation of digital and disruptive technologies such as blockchain technology, which has shown to improve the supply chain of other industries (Abeyratne and Monfared, 2016), the overall sustainability (Kouhizadeh and Sarkis, 2018) and has potential for the AEC industry (Shojaei, 2019).…”
Section: State Of the Art Of The Built Asset Sustainabilitymentioning
confidence: 99%