Tag: Blockchain
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AEC Blockchain Developer Arcartera Gets Official Recognition
Arcartera Limited, a Hong Kong-based Developer of AEC Blockchain Infrastructure, has received an official Letter of Appreciation from the country’s Monetary Authority, HKMA. HKMA just announced their first pilot transactions of Central Bank Digital Currency (CBDC), which was achieved using mBridge, a system developed by the Bank of International Settlements (BIS). Arcartera was a key…
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HKU Uses Blockchain for Modular Construction Quality Management
A team from the Faculty of Architecture of the University of Hong Kong (HKU) has developed a novel e-inspection system to monitor the manufacturing and delivery of student residence modules. It uses blockchain technology to store inspection records. “This e-inspection 2.0 system is a world’s first. It has set new standards and will serve as…
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Data Gumbo and Atlas RFID Automating Construction Supply Chain Contracts with RFID and Blockchain
Data Gumbo, the trusted industrial blockchain network, today announced a partnership with Atlas RFID, provider of the Jovix® Material Readiness® software solution. The collaboration brings automated, touchless transactions and unparalleled visibility to the heavy industrial construction sector for commercial contracts. Two joint implementations are currently underway with a national oil company (NOC): tracking hundreds-of-millions of dollars in chemicals and…
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Do We Need Blockchain in Construction?
Blockchain technology claimed to have the potential to disrupt many aspects of how companies do business. And like other emerging technologies, I have been exploring its uses, benefits and assessing its potential opportunities in the construction industry. If like me, you have been wondering what it is and if its applications are limited to financial…
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Construction Blockchain Consortium: Symposium Presentations
CBC International Symposium took place in Paris, France, on June 6-7, 2019. The presentations are now available online. Here is a selection of the topics discussed: What Are The ‘Breakthrough’ Use Cases? Practical Applications For Blockchain In Construction Change Management In Complex Infrastructure Projects Blockchain And Contracts Blockchain For Facilities Management And Operations Leveraging Distributed…
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A New Era of Construction Quality with IoT and Blockchain
A construction project is a network of hundreds of processes, participants, products, and materials. It’s no wonder that everything does not always go as planned. A building or infrastructure can have defects that are costly to repair and that can end up in lawsuits. The Internet of Things (IoT) and blockchain technologies could give construction…