About this document
Construction Payment Automation Using Blockchain Enabled by tewodroseceng is a document available to read on EtoBox.
This technical report presents a blockchain-enabled smart contract solution for automating construction progress payments, addressing issues of slow payments and information asymmetry in the AEC industry. The method utilizes reality capture technologies to assess progress and facilitate transparent, decentralized payment processing, successfully tested on two commercial projects. The findings suggest significant improvements in payment frequency, granularity, and transparency, with implications for project
- Author
- tewodroseceng
- Language
- EN