Commercial real estate and construction professionals take note: The adoption of blockchain technology in the design and construction industry presents a great opportunity. Projects come in all sizes ...
Jacobs Engineering Group is in the vanguard of AEC firms that are committed to exploring the potential of blockchain technology for the construction industry. The blockchain committee within Jacobs’ ...
A recent article in the Harvard Business Review, highlights some ways blockchain is being used in construction today. For example, Amsterdam-based HerenBouw is using a blockchain-enabled project ...
Every construction project, from contract negotiation through the payment of the final pay application, suffers from the same conundrum born out of every parties' desire for certainty and finality.
The Sankey chart presented in the Figure offers a graphical overview of the data extracted from studies visualizing blockchain-based DMP for different CEM activities. In the chart, the size of a ...
Technology continues to change the way we work and live in surprising ways. It was hardly five years ago when the likes of ride-share apps like Uber and Lyft ushered in the onset of the gig economy ...
The construction industry’s adoption of new technology goes back to the very beginning. From getting a better push with the inclined plane to perfecting precision with 3D-printed materials and parts, ...
Blockchain technology holds the potential to change how builders hire and pay subcontractors and suppliers, but the how of the technology is less important than why it is needed in the industry, says ...
The construction industry is an ever evolving market. Technology has taken center stage in that evolution over the last decade, and the COVID-19 pandemic has accelerated that process. Perhaps the ...
After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond. China Construction Bank, the world’s ...