Are Smart Contracts the next Big Thing in Construction? [PDF]

The construction industry is infamous for delayed payments and payment-related disputes. The issues could be significantly reduced by taking advantage of blockchain-based smart contracts. It is a system that not only saves cost and time but also increases transparency and predictability by automating certain aspects of construction project performance. Numerous contracts are signed between different […]

The post Are Smart Contracts the next Big Thing in Construction? [PDF] appeared first on The Constructor.



from The Constructor https://ift.tt/3dmBl2g