2017
DOI: 10.1016/j.proeng.2017.08.052
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Potentials of Blockchain Technology for Construction Management

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Cited by 316 publications
(178 citation statements)
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“…Considering BIM methodology as a shared database among the project participants aimed at exchanging information on each process phase, it is fair to assume the activities of sharing, managing, and recording data by means of an information model supported by the Blockchain (Turk and Klinc 2017). The sharing information digital register offered by the technology ensures data reliability, integrity, and transparency by fostering loyal cooperation and trust among operators.…”
Section: Integration Between Bim and Blockchainmentioning
confidence: 99%
See 1 more Smart Citation
“…Considering BIM methodology as a shared database among the project participants aimed at exchanging information on each process phase, it is fair to assume the activities of sharing, managing, and recording data by means of an information model supported by the Blockchain (Turk and Klinc 2017). The sharing information digital register offered by the technology ensures data reliability, integrity, and transparency by fostering loyal cooperation and trust among operators.…”
Section: Integration Between Bim and Blockchainmentioning
confidence: 99%
“…The progressive implementation of BIM models has fostered the project information exchange and collaboration among parties; however, the reliability and the transparency of each transition are not always guaranteed (Turk and Klinc 2017). Issues such as model property, right of modification and error responsibility, make it legitimate to assume an integration between BIM and Blockchain in order to overcome those limitations.…”
Section: Introductionmentioning
confidence: 99%
“…In a public network, anyone can access the ledger; in a private network, people need to be granted access to participate [24]. Blockchain technology operates across a decentralised P2P network; it is immutable once chained; it has an algorithm ensuring all nodes have the same version of the blockchain; it is a public ledger of transactions; it uses a Proof-of-Work mechanism to validate transactions; in the case of Bitcoin, there is a mathematical and deterministic currency issuance mechanism [15], [25]. Each user has a unique public key made up of an alphanumeric string of 27 to 32 characters that makes it almost impossible to identify the individual it belongs to so, while it is not anonymous it is pseudonymous [26].…”
Section: Distributed Ledger Technologymentioning
confidence: 99%
“…Blockchain is being explored for a number of different industries including, but not limited to health care [13], information sharing [14], information management, insurance, automated dispute resolution, real estate, [15], crowdfunding [16], big data analytics [17], and education [18].…”
Section: Introductionmentioning
confidence: 99%
“…For example if we take its application in the finance (Bitcoin, Etherieum,..etc), we realize that the number of transactions, number of participants and size of the data to be managed are huge compared with those components in the BIM Blockchain which are about hundreds of transactions between dozens of users up to a couple of gigabytes each. Here (Turk and Robert) [12] present 4 scenarios where blockchain would be used in a BIM process which are described below:…”
Section: Blockchain Based Frameworkmentioning
confidence: 99%