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This book highlights the design, use and structure of blockchain
systems and decentralized ledger technologies (B/DLT) for use in
the construction industry. Construction remains a fragmented
change-resistant industry with chronic problems of
underproductivity and a very low digitization factor compared to
other fields. In parallel, the convergence, embedding and
coordination of digital technologies in the physical world provides
a unique opportunity for the construction industry to leap ahead
and adopt fourth industrial revolution technologies. Within this
context, B/DLT are an excellent fit for the digitization of the
construction industry. B/DLT are effective in this as they organize
and align digital and physical supply chains, produce stigmergic
coordination out of decentralization, enable the governance of
complex projects for multiple stakeholders, while enabling the
creation of a new class of business models and legal instruments
for construction.
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