Track: Construction Management
Abstract
Blockchain is a promising emerging technology for wide range of industries. Blockchain provides a decentralized digital ledger system, which can be utilized effectively when parties does not trust each other’s. The decentralized ledger system can be implemented in several ways as a part of logistics activities. However, many barriers exists, why blockchain cannot be used as a part of current logistical solutions. Aim of this paper is to research opportunities of blockchain technology as a digital ledger system in logistics in construction industry. The research shows that blockchain can be utilized, for example, to provide extended customer value, transparency and enhanced service network.