College - Author 1
College of Architecture and Environmental Design
Department - Author 1
Construction Management Department
Degree Name - Author 1
BS in Construction Management
Date
12-2020
Primary Advisor/Subject Matter Expert (SME)
Philip Barlow, College of Architecture and Environmental Design, Construction Management Department
Abstract/Summary
The construction industry has not advanced as quickly as other industries in the aspects of time, cost, and quality; but Blockchain could be the solution. While there have been improvements in the construction sector such as BIM or Prefabrication, nothing compares to those in other industries. This brings the search for a new technology that would boost construction to a new level of productivity. One technology that could potentially do this is Blockchain. Blockchain, defined in a big picture, is like a shared google sheet where anybody could add information but nobody could delete it. This technology could change the way construction is done and add value to the industry with increased productivity and transparency. This paper analyzed whether Blockchain Technology would be useful to the construction industry, and to gain knowledge of Blockchain’s uses in the field. The methodology used to find this information were semi-structured interviews with information presented in a summarized form. The researcher spoke to experts in the field of blockchain as well as individuals with no experience in Blockchain. Findings revealed that this technology could be beneficial for speeding up the contractual processes, payment processes, and tracking quality.
URL: https://digitalcommons.calpoly.edu/cmsp/410
Poster Board