2017
DOI: 10.15302/j-fem-2017006
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The outlook of blockchain technology for construction engineering management

Abstract: Current construction engineering management suffers numerous challenges in terms of the trust, information sharing, and process automation. Blockchain which is a decentralised transaction and data management technology, has attracted increasing interests from both academic and industrial aspects since 2008. However, most of the existing research and practices are focused on the blockchain itself (i.e. technical challenges and limitations) or its applications in the finance service sector (i.e. Bitcoin). This p… Show more

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Cited by 273 publications
(173 citation statements)
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“…More empirical data (i.e., the growth of prefabricated construction projects) within the next five years could be collected and compared with practitioners' perceptions. Future research would also involve more project-based case studies to evaluate the impact of BIM on the performance of different types of projects (i.e., design-build or prefabricated construction), as well as the advanced sustainable practice application in the industry, such as blockchain technology proposed by Wang et al [69].…”
Section: Discussionmentioning
confidence: 99%
“…More empirical data (i.e., the growth of prefabricated construction projects) within the next five years could be collected and compared with practitioners' perceptions. Future research would also involve more project-based case studies to evaluate the impact of BIM on the performance of different types of projects (i.e., design-build or prefabricated construction), as well as the advanced sustainable practice application in the industry, such as blockchain technology proposed by Wang et al [69].…”
Section: Discussionmentioning
confidence: 99%
“…The built environment and the Architecture, Engineering and Construction (AEC) industry have also been covered in blockchain application discussions. Trust, information sharing, and process automation are of great value in construction engineering [208]. Trust relations in the construction industry concern about people from organizations such as clients, contractors, subcontractors, and suppliers [209].…”
Section: G Built Environmentmentioning
confidence: 99%
“…Blockchain concepts, functionality, present implementation, mining, cybersecurity, and transaction protocols are discussed by many studies, such as [13,14,[17][18][19][20][21][22][23][24][25][26][27][28][29][30][31][32][33]. The advantages of using different types of BCT are studied by [21,[34][35][36][37].…”
Section: Bct Basicsmentioning
confidence: 99%
“…Moreover, smart contracts can be programmed to automate awarding or revoking privileges based on the satisfaction of certain terms, as well as store an immutable record of all modifications in the BIM model data, along with other associated information [27]. The tamper-proof append-only nature of the records in a DLT also help to enforce compliance among workers.…”
Section: Trustmentioning
confidence: 99%
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