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Transforming the Construction Industry with Blockchain. Enhancing Efficiency, Transparency, and Collaboration. Edition No. 1

  • Book

  • 272 Pages
  • June 2025
  • John Wiley and Sons Ltd
  • ID: 6024957
Apply a transformative new technology to construction projects with this timely guide

The blockchain is one of the most transformative technologies to emerge in the twenty-first century. But Artificial Intelligence and Machine Learning will also have a profound impact in construction in equal measure. Both will influence how digitalization is applied and how these new technologies are addressed with an identifiable skills gap in their implementation.

Using a decentralized digital ledger to ensure that information stored across numerous computers cannot be altered, it provides a fully transparent and secure way of storing and sharing information. Transforming the Construction Industry with Blockchain provides a comprehensive overview of this technology and its applications in construction and the building trades. Beginning with an overview of basic blockchain principles and then moving to construction-specific applications, it provides a range of strategies by which construction professionals can increase and streamline their collaborations with other stakeholders and create smarter, more transparent projects.

Transforming the Construction Industry with Blockchain readers will also find: - Case studies throughout showing blockchain at work in construction projects- Detailed discussion of topics including improving data flows on construction projects, reducing sub-contracts and misaligned workflows, and many more- Guidance for using blockchain to encourage sustainable and ethically-sourced design and construction

Transforming the Construction Industry with Blockchain is ideal for all construction professionals or potential stakeholders in building projects.

Table of Contents

Preface x 

List of Figures xii 

Biography  xiii 

Chapter 1: Executive Summary 1 

How Digitalisation Has Been Adapted into the Construction Sector 3 

How Data Will Drive Generative Architecture Quicker Than We Think 3 

Chapter 2: Data Handling 7 

Data Mining 11 

Data Communication 12 

Data Filtration 15 

Digital Control Room 16 

Data Is a Commodity 17 

How Information Can Be Filtered and How Blockchain Will Feature Herein 20 

Information Revolution versus Intelligence Revolution 21 

Digital Impact 22 

Chapter 3: Trust/Opportunities 25 

Leverage Devices 28 

Light Touch for Agility 29 

A Sentient Machine 30 

Transference of Information 31 

Unlocking Bottlenecks 33 

Chapter 4: Education, Learning and Reskilling 35 

Artificial Intelligence versus Human Intelligence 36 

AI Money versus Performance 37 

Chapter 5: Risk 41 

Chapter 6: Bim 45 

Collaborative Trust, Not Technology, Is Integral to This New Method of Working 47 

Beyond BIM Level II 48 

BIM as Management Rather Than Modelling 56 

Bringing Performance into the Design 71 

Materials 72 

Chapter 7: Performance 75 

Designer Reputation 75 

Respect 77 

Reward (Incentivisation) 82 

Internet of Things (IoT) 83 

Artificial Intelligence 84 

Bots (AKA Robots) 86 

Smart Objects 89 

Large Language Models 90 

Taxonomies (EU Directive) 91 

Chapter 8: Better Practices 93 

Promoting Motivation 99 

Latent Redundancy 100 

Remedial Action 101 

Insurance Premiums 102 

Chapter 9: Blockchain 105 

Provenance 108 

Cryptocurrencies 109 

AECcoin 110 

CERTcoin 112 

Crypto Currencies, Historical Relevance to Form a Foundation of the Work Required 114 

D’APPS, Most Interesting in How Blockchain Will Infiltrate Much of Our Everyday, Which Is Not Appreciated Today as It Should Be 117 

Smart Cities, the Culmination of How These New Technologies Will Impact Architecture, Construction and The Whole Building Sector 121 

Off-Grid 123 

Servicing 124 

Chapter 10: Urban Resilience 127 

Horses in New York 128 

Autonomous Mobility 129 

Contracting in General 131 

Chapter 11: Case Studies 139 

International Terminal Waterloo Station 139 

Terminal 5, Heathrow 140 

Blox 144 

Leadenhall Building 146 

Foundation Louis Vuitton 148 

Chapter 12: Sustainability 153 

Circular Economies 155 

Carbon Emissions 159 

Certifying Carbon 160 

Trading Carbon Credits 161 

Trading in Carbon Exchanges 162 

Chapter 13: Issues 165 

Tokenisation 165 

Wallets, DAPPs and Coding 166 

Incentivised by the Token System 167 

Chapter 14: Vapourised 173 

Chapter 15: Dynamics 177 

Brooklyn 178 

Ground- up 178 

Chapter 16: Skills 185 

Knowledge 187 

Skills 188 

Competences 190 

Generic Competences 191 

Task- based Learning 192 

Verifiable Credentials 193 

Transactional Skills 194 

Alignment as Technical Body 195 

Digital Building Passport 195 

Chapter 17: Rewarding Performance 197 

Performance, Promoting Better Practices 200 

Chapter 18: Smart Contracts 203 

Smart Contracts, How They Offer Solutions But Also How The Legal Elements Are Against It 209 

The Problem Area of Current Contracting 210 

The Problem with Digitalisation 211 

‘Build Trust’, Implementation of Blockchain in the Tender Process 213 

‘Build Trust’ and Blockchain 214 

‘Build Trust’ and Smart Contract 216 

‘Build Trust’ and Future Visions 217 

‘BIM Partner’, Implementation of Blockchain with BIM 217 

Smart Contracts, the Legal Parameters and Challenges 219 

‘BIM Partner’ and Smart Contracts 220 

‘BIM Partner’ and Future Visions 220 

Summary of Analysis 221 

The Construction Blockchain 222 

Construction Blockchain and Smart Contract 223 

Chapter 19: Digital Twins 225 

Robotics (Scanning and Clash Detection), The Mechanics of How It Will Be Implemented 228 

Chapter 20: Conclusion 229 

Disruptive Technologies, How It Will All Settle 230 

Project Work 232 

All Change 233 

Innovation 235 

Problem- Based Learning 237 

Group Work 238 

How Would You Get a Notorious Non- payer To Step Up to the Plate? 238 

References 241 

Index 255

Authors

James Harty KEA ¿ Copenhagen School of Design and Technology.