Application of Blockchain in Construction Projects
This research project aims to explore the multifaceted application of blockchain technology in the construction industry. Blockchain offers transparency, security, and immutability, which can address long-standing issues such as inefficiencies, disputes, and delays in construction projects. The research will focus on how blockchain can be used to manage construction contracts, track project progress, monitor the supply chain, and enhance quality and safety. The project will assess potential benefits, including cost savings, improved transparency, and faster project delivery. By doing so, it seeks to contribute to the modernization of the construction industry, making it more efficient, transparent, and secure.
