Can the chain chain technology change the construction industry?

nnnWhile the building professionals are always open to new ideas, the pace of change in the construction industry is extremely slow and well known. However, in recent years the IT era of digital age has attracted a wide range of forward-looking builders and architects. Many people began to study the block chain technology to subvert the way the industry. Although the technology in the construction industry in the development and pilot projects is not as good as in the field of finance and logistics so common. But with the development of the Internet of Things, advanced BIM and smart contracts are beginning to emerge, and perhaps the advantages of the block chain will be an indispensable factor in the industry more quickly than originally expected.n
nnTranslation: Clovern
nThe pace of change in the construction industry has always been known for its extremely slow pace. While building professionals are always open to new ideas, much of the industry’s progress has been developed and implemented very slowly. In the history of the industry, revolutionary progress and its rare.n
nHowever, in recent years the IT era of digital age has attracted a wide range of forward-looking builders and architects. For example, if unmanned aerial vehicles and Internet of Things technology are properly used, they can significantly speed up construction projects, improve safety and reduce risk. But some people are starting to think about ways out of this hardware solution and are studying how block-chain technology can subvert the industry.n
nThis technology is based on building industry-based development and pilot initiatives that are not as common in the financial and logistics arena. But some people believe that the early block industry in the construction industry is likely to gain a long range of benefits.n
nThe relatively intuitive application of block-chain technology lies in the relatively new field of BIM (Building Information Model). BIM first appeared in 2002, and for a series of software is an all-encompassing terminology, so that many parties can access the project’s physical and functional characteristics of the digital form.n
nBIM is not just a 3D blueprint, it will capture the project geometry, spatial relationships, light factors, building materials, time, and even the cost. Therefore, this involves more than engineers and designers of the input data, but also related to the courtyard designers and other experts.n
nMore and more customers are now asking contractors to integrate BIM, because they think it will make it more control. In turn, this means that more and more contractors must integrate BIM. And that is where the block chain can enter the insertion point in this field.n
nBlock chain to the center of the classification of the nature of the system means that many parties can easily contribute to the BIM model. In this way, customers can be assured that the platform they visit has immutable and tamper-resistant timestamp data blocks.n
nWhile many people are excited about the potential of BIM, which is supported by the chain chain, some analysts believe that the integration of this new technology is not sufficient. Jeremy Barnett, a professor at Leeds University, wrote: “The potential of the [block chain] for the construction industry, especially with BIM, has been overlooked.”n
nSmart contractn
nCombining BIM with block-chain technology can also facilitate the use of smart contracts, a computerized trading protocol designed to enforce project terms, replacing the mutual trust of third-party “middlemen”. The idea of ​​a smart contract actually appeared since the mid-1990s, but each chief engineer of WP at that time thought that “the block chain could not prove this theory.”n
nAnd other analysts agree that the use of intelligent contract negotiation editing and storage of immutable public changes throughout the design and construction phase, then the block chain can be used as a “useful tool for managing and documenting BIM model changes” Then
nBIM architects said BIM could make construction projects more intelligent – and more environmentally friendly. He claims that builders are currently “using BIM to maximize beauty, improve efficiency and functionality while minimizing or eliminating the adverse effects on the environment.” This will enable block-chain technology to bring to the construction industry The next potential breakthrough advantage – to ensure the source.n
nMoral and cost-effectiven
nToday, contractors are under increasing pressure to ensure that their projects are free of pollution, are ethical and open.n
nAs the block chain platform is in place, potential customers may “immediately see if the project is using child labor or forced labor.” Not just the labor force that is under scrutiny. If properly used, the block chain system can perform the same watertight audit of the equipment outside the site and the construction timing device. They can even help verify the sustainability of the materials used by the contractor.n
nIn particular, the ability to reduce costs without affecting labor practices or procuring materials from unethical suppliers may be the greatest possible benefit of integrating block chains.n
nRealistic project managers are also testing this theory. Recently, a Texas-based contractor has teamed up with a team of Chinese experts to launch a block-chain funding platform, which the contractor said would help achieve its goal of “providing affordable housing for more families in North America.”n
nAt the same time, a company called Intelliwave Technologies said it is using block-chain technology to further cost-cutting transactions for the construction industry. The company said its SiteSense platform reduces the amount of manual effort required to record transactions, thereby reducing the workload of project staff.n
nFor real estate customers, it can be proved that the chain is indeed very cost-effective, almost no third-party hosting and property rights experts to verify and help to save the total cost of buying real estate 2%.n
nThe convenience of the Internet of Thingsn
nThe most exciting new use of block chain technology in the construction industry is the introduction of security that facilitates the development of the Internet of Things and similar developments.n
nConstruction machinery manufacturers such as Caterpillar are already building products based on the Internet of Things, but the block chains can provide a way to successfully integrate these innovations. Some people describe it as the “ultimate construction tracker”, and the block chain platform (at least theoretically) ensures that the Internet of things data is kept safe and will not be tampered with.n
nConstruction workers can now use the Internet-based platform to identify problems or help speed up the construction process. For example, with advanced sensors, workers can receive mobile push alarm information when they are laid out, or be notified when the site temperature or humidity rises or falls. If you use a block chain system to manage, all of this data and more data will be protected, tamper resistant, and can be accessed by multiple stakeholders, including building regulators and customers.n
nDistance development will not be too far away?n
nMost builders have a long way to go from using block technology in the project. Even the optimistic analysts have admitted that “at this stage, most independent construction companies are still unable to access the” technology.n
nHowever, the pilot project has been in progress, a small number of advocates have also started in 2017 to find the integration of block-chain technology realism method. More importantly, large multinational companies are beginning to produce a white paper on the technology – and many IT service providers are also considering how to tailor the chain products for the construction industry.n
nDistance to large-scale integration is still far away, but the huge potential of block chains is attracting builders and IT professionals. With the development of the Internet of Things, advanced BIM and smart contracts began to emerge, perhaps the advantages of the block chain will be faster than initially expected to become an indispensable factor in the industry.n

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