Blockchain technology appears to be here to stay and its use cases go far beyond cryptocurrencies. It has the potential to offer immense opportunity for the construction industry to become more effective, transparent and productive.
Blockchain is enabling new methods of payments and financing of real assets using smart contracts and decentralised finance applications and the potential opportunities they present to improve cashflow and liquidity in the construction industry could be enormous.
G&T Senior Associate, Martin Carter, discussed the possible benefits from contracts and payments to supply chain and logistics, BIM to asset lifecycle management in a new thought leadership article where Martin offers his insights into how blockchain could disrupt the entire industry.
Read more here.