College - Author 1
College of Architecture and Environmental Design
Department - Author 1
Construction Management Department
Degree Name - Author 1
BS in Construction Management
Date
3-2023
Primary Advisor/Subject Matter Expert (SME)
Brick Robbins, College of Architecture and Environmental Design, Construction Management Department
Abstract/Summary
The current method of acquiring funds for construction projects consists of loans and/or a board of investors. With the emergence of the cryptocurrency industry in the past five to ten years, an influx of cash has been inserted into the market and is simply being held captive by government regulations. With development and construction being an attractive investment for most anyone, these "crypto billionaires" are insistent on financing possible projects. The issue lies within the construction industry and the possibly outdated financial system and whether it is capable of adhering to certain requirements that come with the usage of crypto for payment. By interviewing industry leaders in the construction sector, it will become apparent whether this new form of financing is feasible in the current climate, not possible at all, or may be possible in the coming future. Regardless of the outcome, this will become a necessary tool for the future of construction financing.
URL: https://digitalcommons.calpoly.edu/cmsp/655
Included in
Construction Engineering and Management Commons, Corporate Finance Commons, Entrepreneurial and Small Business Operations Commons, Real Estate Commons