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Blockchain & Distributed Ledger Technology 1
Subtopic: Smart Contracts & Decentralized Autonomous Organizations
1:00pm - 1:20pm
NO1S1 - A BLOCKCHAIN-BASED DAO PROTOTYPE FOR AUTONOMOUS SPACE*
1ETH Zurich, Switzerland; 2Dezentrum, Switzerland
We introduce our ongoing research on no1s1 (“no-ones-one”), a meditation pod that aims to be the first autonomous space. To frame our early thinking, we conceptualize what we call Decentralized Autonomous Space (DAS) as a Decentralized Autonomous Organization (DAO) linked to a physical location. DAOs leverage a combination of Decentralized Ledger Technology (DLT) and the Internet of Things (IoT) to create self-governing coordination mechanisms through smart contracts. Therefore, DAS can self-create and self-manage, and ultimately self-own. DAS is presented as a potentially disruptive paradigm of future housing and infrastructure with wide-ranging implications to the built environment.
External Resource: https://ec-3.org/publications/conferences/2021/paper/?id=185
1:20pm - 1:40pm
Blockchain use cases across entire lifecycle of a built asset: a review
University College London, United Kingdom
Blockchain is a key enabling technology towards the 4th industrial revolution of the construction industry. The aim of this paper is to map uses of blockchain technology across the various phases in the lifecycle of built assets. Of interest to this paper is a new classification of blockchain solutions in combination with other key enabling technologies, like Building Information Modelling and Internet of Things. The literature indicates that blockchain shows high potential for solving challenges across the entire lifecycle of a project and has an especially high potential to influence and possibly improve management in the Operation and Maintenance phase.
External Resource: https://ec-3.org/publications/conferences/2021/paper/?id=184
1:40pm - 2:00pm
Invoice Smart Contracts for Design SMEs
Robert Gordon University, United Kingdom
In recent years, Blockchain technology has evolved from its original application in cryptocurrency and can now be used for applications such as Smart Contracts. Smart Contracts automatically Execute transactions without the need for a central authority however there are very few use cases of the technology, particularly amongst UK AEC Design SMEs. This paper uses a hybrid method approach which combines questionnaires with semi-structured interviews to create a framework which showcases how a Smart Contract invoicing process could work for Design SMEs. This could create an automated invoicing process which is more efficient and reduces the risk of late payment.
External Resource: https://ec-3.org/publications/conferences/2021/paper/?id=173
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