Transforming the Construction Industry with Blockchain: Enhancing Efficiency, Transparency, and Collaboration

Apply a transformative new technology to construction projects with this timely guide The blockchain is one of the most transformative technologies to emerge in the twenty-first century. But Artificial Intelligence and Machine Learning will also have a profound impact in construction in equal measure. Both will influence how digitalization is applied and how these new technologies are addressed with an identifiable skills gap in their implementation. Using a decentralized digital ledger to ensure that information stored across numerous computers cannot be altered, it provides a fully transparent and secure way of storing and sharing information. Transforming the Construction Industry with Blockchain provides a comprehensive overview of this technology and its applications in construction and the building trades. Beginning with an overview of basic blockchain principles and then moving to construction-specific applications, it provides a range of strategies by which construction professionals can increase and streamline their collaborations with other stakeholders and create smarter, more transparent projects. Transforming the Construction Industry with Blockchain readers will also find: Case studies throughout showing blockchain at work in construction projects Detailed discussion of topics including improving data flows on construction projects, reducing sub-contracts and misaligned workflows, and many more Guidance for using blockchain to encourage sustainable and ethically-sourced design and construction Transforming the Construction Industry with Blockchain is ideal for all construction professionals or potential stakeholders in building projects. Apply a transformative new technology to construction projects with this timely guide The blockchain is one of the most transformative technologies to emerge in the twenty-first century. But Artificial Intelligence and Machine Learning will also have a profound impact in construction in equal measure. Both will influence how digitalization is applied and how these new technologies are addressed with an identifiable skills gap in their implementation. Using a decentralized digital ledger to ensure that information stored across numerous computers cannot be altered, it provides a fully transparent and secure way of storing and sharing information. Transforming the Construction Industry with Blockchain provides a comprehensive overview of this technology and its applications in construction and the building trades. Beginning with an overview of basic blockchain principles and then moving to construction-specific applications, it provides a range of strategies by which construction professionals can increase and streamline their collaborations with other stakeholders and create smarter, more transparent projects. Transforming the Construction Industry with Blockchain readers will also find: Case studies throughout showing blockchain at work in construction projects Detailed discussion of topics including improving data flows on construction projects, reducing sub-contracts and misaligned workflows, and many more Guidance for using blockchain to encourage sustainable and ethically-sourced design and construction Transforming the Construction Industry with Blockchain is ideal for all construction professionals or potential stakeholders in building projects.