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BLOCKCHAIN TECHNOLOGY IN THE CONSTRUCTION …

BLOCKCHAIN TECHNOLOGY IN THE CONSTRUCTION INDUSTRYD igital Transformation for High ProductivityDecember 201823 Foreword from Nathan Baker, Director, ICE Engineering Knowledge Throughout the world, the CONSTRUCTION industry has long been challenged to improve its efficiency, productivity, and to embrace the opportunities presented by emerging technologies. This ICE insights report examines the potential of BLOCKCHAIN TECHNOLOGY and asks how this disruptive TECHNOLOGY could revolutionise the CONSTRUCTION industry . So, what is BLOCKCHAIN ? Fundamentally, BLOCKCHAIN is a distributed ledger of information, such as transactions or agreements, that are stored across a network of computers.

technology, to help the construction industry become more effective, collaborative and transparent in the digital age. This insight report aims to put the industry on the same page, with regards to blockchain and distributed ledger technologies, and demonstrate applicable cases

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