Smart contract(ing) in the execution phase - asset tracking in construction using blockchain technology

Wouter van Groesen, Pieter Pauwels

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

Abstract

Construction supply chains (CSC) are converging chains in which intransparency, risks and trust issues between parties occur. To increase transparency and efficiency by means of automation, physical asset tracking (PAT), digital asset management (DAM) and distributed ledger technology (DLT) can be combined. We therefore investigate here to what extent geospatial sensors, a jointly managed information system, a private permissioned Ethereum blockchain network and several smart contracts can be combined to aid towards this purpose. A framework is developed and incremented into several interacting prototypes. These prototypes consist of: (1) a QR-code mobile application for asset tracking, (2) a Revit model for parameter centralization, (3) several smart contracts deployed on the Ethereum Goërli network and (4) a dashboard WebApp. Four distinct test scenarios are developed to verify the functionalities of these applications. Test results indicated achievement of desired post-conditions. Hence, (semi) automation of compliance checking activities and tokenized payments is realized.
Original languageEnglish
Title of host publicationProceedings of the 38th International Conference of CIB W78
Place of PublicationLuxembourg
Pages500-510
Publication statusPublished - 13 Oct 2021
Event9th Linked Data in Architecture and Construction Workshop, LDAC 2021 - Luxembourg, Luxembourg
Duration: 11 Oct 202115 Oct 2021
Conference number: 9
https://www.cibw78-ldac-2021.lu/
http://linkedbuildingdata.net/ldac2021/

Conference

Conference9th Linked Data in Architecture and Construction Workshop, LDAC 2021
Abbreviated titleLDAC
Country/TerritoryLuxembourg
CityLuxembourg
Period11/10/2115/10/21
Internet address

Keywords

  • asset tracking
  • distributed ledger technology
  • blockchain
  • smart contracts
  • automation

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