Using Blockchain Technology to Implement Peer-to-Peer Network in Construction Industry

Abstract

Collaboration is the intrinsic element of the construction industry since construction projects involve a dynamic grouping of several companies. [1] studied the relationships among the companies and noted that some communication patterns among participants show a Peer-to-Peer nature. Digital technology which implements this Peer-to-Peer communication pattern is the Blockchain technology (BCT). BCT has gained significant attention across different industry sectors in the past years, such as finance, health care, supply chain management, etc. BTC can solve the trust and security problem of the Peer-to-Peer network. It enhances effectiveness, transparency, productivity, and cybersecurity in collaborative works. While BCT has been intensively researched in fields like the financial industry, healthcare, and supply chain management, the research in the construction industry is still in its early stages. Besides that, the majority of articles related to BCT in construction are still concepts. This paper gives an architecture of using BCT in collaboration with P2P nature and presents the proof of concept by implementing the BCT in the distributed product data platform.