Authors :
Nikhil Kumar
Volume/Issue :
Volume 8 - 2023, Issue 10 - October
Google Scholar :
https://tinyurl.com/5n6r2ecm
Scribd :
https://tinyurl.com/hyuk9dr8
DOI :
https://doi.org/10.5281/zenodo.10099742
Abstract :
The booming use of blockchain technologies
and unexpected limelight has attracted everyone's
attention. Usage only grows over time but is often used
as a means of gaining wealth instead of technological
developments in the financial and technical field. That is
keeping it down is the constant usage of by people rather
than the broad corporation. It can drastically stop
money laundering and the bluffs around it. Big
companies and real estate firms also have very little
confidence in blockchain's actual use and benefits.
Perhaps because of their slow digitalization and
uncertainty about the change in the tech world. The
world is heading toward an intelligent future, so it makes
good sense to get away from obsolete banking and old
transaction practices that are not very convenient. The
blockchain network is completely capable and will
certainly bring a halt to all the industry's illicit
movement of capital. We propose improving the present
system, which has undergone little change over the last
decade or so, and the contrast between speculation and
reality is further found in the paper.
Keywords :
Blockchain, Decentralized Ledger Algorithm, Construction Industry, Private and Public Blockchain, Smart Contracts, Building Information Model
The booming use of blockchain technologies
and unexpected limelight has attracted everyone's
attention. Usage only grows over time but is often used
as a means of gaining wealth instead of technological
developments in the financial and technical field. That is
keeping it down is the constant usage of by people rather
than the broad corporation. It can drastically stop
money laundering and the bluffs around it. Big
companies and real estate firms also have very little
confidence in blockchain's actual use and benefits.
Perhaps because of their slow digitalization and
uncertainty about the change in the tech world. The
world is heading toward an intelligent future, so it makes
good sense to get away from obsolete banking and old
transaction practices that are not very convenient. The
blockchain network is completely capable and will
certainly bring a halt to all the industry's illicit
movement of capital. We propose improving the present
system, which has undergone little change over the last
decade or so, and the contrast between speculation and
reality is further found in the paper.
Keywords :
Blockchain, Decentralized Ledger Algorithm, Construction Industry, Private and Public Blockchain, Smart Contracts, Building Information Model
