Kiu, M S; Chia, F C and Wong, P F (2022) Exploring the potentials of blockchain application in construction industry: A systematic review. International Journal of Construction Management, 22(15), pp. 2931-2940. ISSN 1562-3599
Abstract
Construction industry are facing trust and transparency issue that has caused loose collaboration among stakeholders. Blockchain technology is found as one of the disrupting digital technology that can response to the problems faced. Recent paper reviews on blockchain application in construction industry are still lacking concrete and not up to state-of-the-art applications. The aim of the paper was therefore to discover how blockchain technology can disrupt construction industry. Two research objectives were established to identify the potential areas blockchain could disrupt construction industry and to identify future research direction of blockchain in construction industry. This study presented systematic mapping study and content analysis of 57 papers from three high quality scientific databases and google scholar. The findings identified six potential areas for blockchain application in construction industry, where supply chain management, building information modelling and contract management are the 3 major aspects highly focussed. Future research may concentrate on developing simulation models, conduct case studies on the real life blockchain applications in construction project, and focus on the blockchain application on the existing systems that are currently in use in construction industry. Other recommendations can be found at discussion of the study.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | blockchain; building information modelling; contract management; electronic document management; funding management; real estate management; smart contract; supply chain management |
| Index terms: | contract management, building information modelling, blockchain, smart contract, systematic literature review, construction industry, content analysis, funding, mapping, construction project, transparency, state of the art, case study, real estate, database, digital technology, collaboration |
| Subjects: | economic analysis, contract management, industry analysis, production management, computing systems, research evaluation and metrics, research dissemination and communication, spatial and geospatial analysis, data collection methods, data analysis and analytics, real estate economics, management, digital technology, data management, professional development, information systems |
| Topics: | Information Management, Business Strategy, Urban Studies, Contract Administration, Project Management, Research Practice, Digital Applications, Organizational Design |
| Descriptive scope: | 5 PCTEA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here