Role of Blockchain-Enabled Smart Contracts in Automating Construction Progress Payments

AbstractThe construction industry has long been plagued with late and nonpayments. Despite the desired benefits of payment automation and today’s increased access to digitized progress data, too often payment applications still rely on inefficient workflows and documents that are time-consuming to p...

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Bibliographic Details
Published in:Journal of legal affairs and dispute resolution in engineering and construction 2021-02, Vol.13 (1)
Main Authors: Hamledari, Hesam, Fischer, Martin
Format: Article
Language:English
Subjects:
Automation
Blockchain
Construction industry
Contracts
Cryptography
Payment systems
Scholarly Paper
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