This Centre for Digital Built Britain (CDBB) sponsired research project investigated the value and implementation parameters for Blockchain, a peer-to-peer and decentralised data recording infrastructure, in AEC supply chains.
After a detailed literature review on the use of Blockchain in different industries, 33 interviews were conducted with subject experts. A large list of Blockchain application opportunities as well as critical points for the implementation and different actors’ (e.g. government, clients etc.) roles were identified for the AEC industry.
Of the identified application opportunities, three Blockchain based models on Project Bank Accounts/payments (https://contract-eth.herokuapp.com/), reverse auction (https://auction-eth.herokuapp.com/) and asset tokenization (https://token-eth.herokuapp.com/) were developed, coded and deployed online for demonstration and industry engagement purposes.
Feedback for the models were collected through three focus group studies conducted with contractors, clients, Blockchain developers and academics. Finally, an industry/research workshop was held on the subject with 28 participants in June 2019.
The project was led by Dr Algan Tezel
For more information, visit: https://www.cdbb.cam.ac.uk/CDBBResearchBridgehead/2019ECRs/2019ECRTezel
This presentation is by Dr Algan Tezel, made during CDBB Week 2019 Summer Research Showcase