Blockchain 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 compa...

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Bibliographic Details
Other Authors: Dounas, Theodoros (Editor), Lombardi, Davide (Editor)
Format: eBook
Language:English
Published: Singapore Springer Nature Singapore 2022, 2022
Edition:1st ed. 2022
Series:Blockchain Technologies
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:VI, 228 p. 49 illus., 28 illus. in color online resource
ISBN:9789811937590