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Blockchain in construction management: Applications, advantages and limitations

journal contribution
posted on 2024-11-02, 22:03 authored by Dena Mahmudnia, Mehrdad Arashpour, Jing YangJing Yang
Blockchain technology (BCT) has been implemented in different industries, including healthcare, manufacturing and construction. Integrating recent technologies such as the internet of things (IoT), building information modeling (BIM), and artificial intelligence with BCT creates the potential for overcoming many limitations within the construction industry. Blockchain smart contracts, for example, can solve problems related to traditional contract forms. In construction projects, smart contracts based on BCT can enhance payment transparency, protect transaction histories, and provide secure access to information. Since BCT platforms are decentralized, reducing unnecessary bureaucracy will improve open communications, and BCT application can prevent disputes rooted in communication issues, inaccurate documentation, and payment problems. This study focuses on reviewing BCT characteristics to evaluate impacts on mitigating disputes. Based on a systematic review of the publications, a comprehensive classification of blockchain-enabled applications in managing construction disputes is presented. This review identifies gaps in research and opportunities for future studies in the construction domain.

History

Related Materials

  1. 1.
    DOI - Is published in 10.1016/j.autcon.2022.104379
  2. 2.
    ISSN - Is published in 09265805

Journal

Automation in Construction

Volume

140

Number

104379

Start page

1

End page

10

Total pages

10

Publisher

Elsevier

Place published

Netherlands

Language

English

Copyright

© 2022 Elsevier B.V. All rights reserved.

Former Identifier

2006119814

Esploro creation date

2023-03-10