Toward Blockchain-enabled Constructon Supply Chains: Potential, Requirements and Implementaiton. ECR Dr Algan Tezel, from University of Huddersfield
Dr Algan Tezel, University of Huddersfield
'Toward Blockchain – enabled construction supply chains: Potential, requirements and implementation'
Blockchain is a peer-to-peer, distributed data structure that allows for the chronological recording and secure storage of transactional data. Data security, cryptographic data encoding, distributed data storage and consensus mechanisms, anonymity, data auditability (traceability), resilience and fault-tolerance are the Blockchain keywords. As an emerging technology, Blockchain is being explored for a number of different industries including, but not limited to health care, manufacturing, insurance, real estate, logistics, finance, banking and education. Recently discussions for the use of the technology in the construction industry to solve the industry’s problems associated with trust has also gained momentum. This CDBB sponsored research project aims at understanding the real potential of Blockchain for construction supply chains and proposing a comprehensive implementation framework. Alongside those main aims, the project will be used as an opportunity to raise awareness of Blockchain in the industry through Blockchain demonstrations and a workshop.
Contact: Dr Algan Tezel