Globally, the construction industry is faced with several challenges like inefficiencies, disputes, and a lack of transparency. This paper uses the case of Lusaka, Zambia to investigate the impact of adopting emerging digital technologies in the construction industry, with a particular focus on smart contracts and blockchain technology. Drawing on existing literature and theoretical frameworks, Technology Acceptance Model (TAM), this paper argues that through the adoption of smart contracts and Blockchain technologies, the construction industry in Zambia and the world over could result in many benefits. Lusaka was an ideal case study for validating these hypothesized benefits. The findings of this research identified both benefits and challenges to the adoption of smart contracts and blockchain technologies. The identified benefits include the efficiency in construction processes, an improvement in the supply chain management, mitigation of risks, and a fostering of greater trust among stakeholders within the construction industry.  Emerging from the research data were challenges relating to technological illiteracy, absence of regulatory frameworks, and high costs of initial investment. The paper concludes by emphasizing that the benefits surpass the challenges hence the need for Zambia and other similar developing economies to consider transforming the construction industry processes through adopting blockchain technologies and smart contracts to revolutionizing construction practices.