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The role of blockchain in enhancing trust: A construction project governance approach

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conference contribution
posted on 2024-09-19, 15:59 authored by Seongha HwangSeongha Hwang, Karen BlayKaren Blay, Mohamed OsmaniMohamed Osmani, Mingzhu Wang

Construction project governance (CPG) offers a strategic framework to guide participants through complex construction projects. Emphasizing the trust mechanism within CPG is crucial for managing inter-organizational relationships. Blockchain (BC) can serve as an enabler for trust-based CPG by facilitating and regulating relationships at the project level. Accordingly, this paper aims to identify CPG's trust requirements and assess the relationship between CPG's trust requirements and BC's characteristics through a state-of-the-art review. The results indicate that integrating BC’s distinctive characteristics across project delivery can enhance CPG's trust requirements. This study presents comprehensive guidelines for developing a trust-based CPG model. 

History

School

  • Architecture, Building and Civil Engineering

Published in

Proceedings of the 2024 European Conference on Computing in Construction

Source

2024 European Conference on Computing in Construction

Publisher

European Council for Computing in Construction

Version

  • VoR (Version of Record)

Rights holder

© EC3 European Conference in Computing in Construction and European Council for Computing in Construction

Publication date

2024-07-14

ISSN

2684-1150

Language

  • en

Location

Crete, Greece

Event dates

14th July 2024 - 17th May 2024

Depositor

Dr Karen Blay. Deposit date: 29 August 2024

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