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Determining Delay Accountability, Compensation, and Price Variation Using Computable Smart Contracts in Construction
Publisher: ASCE
Abstract: Several construction projects globally suffer due to time and cost overruns. These could be due to reasons attributable to the contracting parties or unforeseen external circumstances. Disputes often arise between the ...
A Decentralized and Automated Contracting System Using a Blockchain-Enabled Network of Stakeholders in Construction Megaprojects
Publisher: American Society of Civil Engineers
Abstract: With recent advances in information and communication technologies, trust and collaboration have become imperative in the construction industry. The increasing exchange of digital information and assets without much regard ...