Blockchain: A New Building Block for the Built Environment?

In Proceedings of the International Conference of Architectural Science Association Vol. 2020-November (pp. 211-219).

The University of Auckland Business School Research Paper Series

Posted: 17 Jan 2022

See all articles by Dermott McMeel

Dermott McMeel

The University Of Auckland

Alexandra Sims

University of Auckland Business School

Date Written: 2020

Abstract

This paper explores the innovations that are presented to the architecture, engineering and construction sector through blockchain. The authors consider blockchain, as a technology and methodology that allows us to rethink the fundamental building blocks and principles on which the sector is based. First, we provide some historical context, returning to and discussing the hypothesis that brought blockchain technology into being. Second, we review specific use cases that represent key differentiators between conventional approaches and the opportunities made possible through blockchain. Our analysis reveals how blockchain challenges the traditional structures of industry. It offers a new distributed methodology for replacing centralised and decentralised structures of organisation and is disrupting notions of trust and authority that have been the default for industry—and indeed civilisation—for centuries. Finally, we report on original research where blockchain design workshops are held with industry stakeholders to map these opportunities into the architecture, engineering and construction sector. Full paper available at https://anzasca.net/wp-content/uploads/2021/03/22-Blockchain-a-new-building-block-for-the-built-environment.pdf

Keywords: blockchain, distributed ledger technology, design, innovation, construction, built environment

Suggested Citation

McMeel, Dermott and Sims, Alexandra, Blockchain: A New Building Block for the Built Environment? (2020). In Proceedings of the International Conference of Architectural Science Association Vol. 2020-November (pp. 211-219)., The University of Auckland Business School Research Paper Series, Available at SSRN: https://ssrn.com/abstract=4001050

Dermott McMeel (Contact Author)

The University Of Auckland ( email )

Sir Owen G Glenn Building, 12 Grafton Road, Auckla
Auckland, 1010

Alexandra Sims

University of Auckland Business School ( email )

12 Grafton Rd
Private Bag 92019
Auckland, 1010
New Zealand

HOME PAGE: http://www.business.auckland.ac.nz/people/asim033

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
26
PlumX Metrics