Blockchain in the built environment: analysing current applications and developing an emergent framework

Li, Jennifer, Greenwood, David and Kassem, Mohamad (2018) Blockchain in the built environment: analysing current applications and developing an emergent framework. In: Creative Construction Conference 2018 - Proceedings: CCC 2018, 30 June - 3 July 2018, Ljubljana, Slovenia. Diamond Congress Ltd., Budapest University of Technology and Economics, Budapest, pp. 59-66. ISBN 9786155270451

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Distributed ledger technology (DLT), commonly referred to as ‘blockchain’ and originally invented to create a peer-to-peer digital currency, is rapidly attracting interest in other sectors. The aim in this paper is (1) to investigate the applications of DLT within the built environment, and the challenges and opportunities facing its adoption; and (2) develop a multi-dimensional emergent framework for DLT adoption within the construction sector.

Key areas of DLT applications were found in: smart energy; smart cities and the sharing economy; smart government; smart homes; intelligent transport; Building Information Modelling (BIM) and construction management; and business models and organisational structures. The results showed a significant concentration of DLT research on the operation phase of assets. This is expected given the significant resources and lifespan associated with the operation phase of assets and their social, environmental and economic impact. However, more attention is required to address the current gap at the design and construction phases to ensure that these phases are not treated in isolation from the operational phase.

An emergent framework combining the political, social and technical dimensions was developed. The framework was overlaid with an extensive set of challenges and opportunities. The structured and inter-connected dimensions provided by the framework can be used by field researchers as a point of departure to investigate a range of research questions from political, social or technical perspectives.

Item Type: Book Section
Uncontrolled Keywords: blockchain; distributed ledger technology, construction industry; built environment; smart contracts
Subjects: K900 Others in Architecture, Building and Planning
N900 Others in Business and Administrative studies
Department: Faculties > Engineering and Environment > Mechanical and Construction Engineering
Depositing User: Paul Burns
Date Deposited: 21 Jun 2018 11:06
Last Modified: 28 Jan 2022 10:30

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