ПРИЛОЖИМОСТ НА БЛОКЧЕЙН ТЕХНОЛОГИЯТА ЗА ДИГИТАЛНА ТРАНСФОРМАЦИЯ НА СТРОИТЕЛСТВОТО
APPLICABILITY OF BLOCKCHAIN TECHNOLOGY FOR DIGITAL TRANSFORMATION OF CONSTRUCTION

Author(s): Miglena Stoyanova
Subject(s): Economy, Essay|Book Review |Scientific Life, Conference Report, ICT Information and Communications Technologies
Published by: Икономически университет - Варна
Keywords: BIM; Blockchain technology; Digital transformation in construction; Smart contracts
Summary/Abstract: Blockchain technology is attracting more and more attention due to its remarkable flexibility. It offers significant possibilities for use in construction. The sector is going through a digital transformation and updating its business practices, which are based on collaboration and information management, transparency in the exchange of data and contracts, and trust between participants in construction projects. Blockchain technology has the potential to significantly facilitate ongoing change. As an appropriate system for managing trust issues, it can ensure transparent, reliable and distributed information sharing as well as support effective contract performance in construction.

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