#brickschain

[brickschain]

Best Fractional Ownership Platform

[un-enfant-immature]

Briq, the next building block in tech’s reconstruction of the construction business, raises $3 million

Bassem Hamdy has been in the construction business for a long time.

He spent the last few years at the construction software business Procore, now a $3 billion dollar company developing technology for the construction industry, and now Hamdy is ready to unveil his next act as chief executive and co-founder of Briq, a new software service for the industry.

Construction management software developer Procore raises $75 million at a $3 billion valuation

Hamdy started Briq with his own cash, amassed through secondary sales as Procore climbed the ranks of startups to reach its status as a construction industry unicorn. And the company has just raised $3 million in financing to fund its expansion.

“With enough secondaries you can afford to make your own decisions,” Hamdy says. 

His experience in construction dates back to his earliest days. Hailing from a family of construction engineers Hamdy describes himself as a black sheep who went into the financial services industry — but construction kept pulling him back.,

Beginning in the late nineties with CMIC, which was construction enterprise resource planning, and continuing through to Procore, Hamdy has had success after success in the business, but Briq is the culmination of all of that experience, he says. 

“As much as data entry helps people it’s data intelligence software that changes things,” says Hamdy. 

Briq chief executive Bassem Hamdy

The Santa Barbara, Calif.-based company is part of a growing number of Southern California technology startups building businesses to service large swaths of specific industries — specifically real estate and construction.

Already, Procore is a $3 billion behemoth, and ServiceTitan has become a billion dollar company as well, with its software and services for air conditioning and appliance repairmen.

ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

Now Bassem’s Briq, with backing from Eniac Ventures and MetaProp NYC, is hoping to join their ranks.

“Bassem built and helped run the most successful construction software businesses in the world. It is rare and humbling to have an opportunity to help build a company from the ground up with an industry legend,” says Tim Young, Founding General Partner at Eniac Ventures . “The technology Bassem and his team are building will do something the industry has never seen before: break down data silos to leverage information in real time. Bassem has built and run the most successful construction software businesses in the world, and his knowledge of the construction space and the data space is second to none.”

The company, formerly called Brickschain, uses a combination of a blockchain based immutable ledger and machine learning tools to provide strategic insights into buildings and project developments.

Briq’s software can predict things like the success of individual projects, where demand for new projects is likely to occur and how to connect data around construction processes.

Briq has two main offerings, according to Hamdy. ProjectIQ, which monitors and manages individual projects and workflows — providing data around different vendors involved in a construction project; and MarketIQ, which provides market intelligence around where potential projects are likely to occur and which projects will be met with the most demand and success.

Joining Hamdy in the creation of Briq is Ron Goldschmidt, an experienced developer of quantitative-based trading strategies for several businesses. Hamdy, a former Wall Streeter himself has long realized the power of data in the construction business. And with the new tools at his disposal — including the blockchain based ledger system that forms the backbone of Briq’s project management software, Hamdy thinks he has developed the next big evolution in technology for the industry.

Briq already counts Webcore, a major contractor and developer, as one of its clients along with Kobayashi, Probuild, Hunter Roberts OEG, and Gartner Builders. In all, the company has contracts with nearly twelve different developers and contractors.

All of the insights that Briq can provide through its immutable ledger can add up to big savings for developers. Hamdy estimates that there’s roughly $1 trillion in waste in the construction industry.

Briq relies on IBM’s Hyperledger for its blockchain backbone and through that, the company has a window into all of the decisions made on a project. That ledger forms the scaffolding on which Briq can build out its projections and models of how much a building will cost, and how could conceivably made on a project.

“Construction and infrastructure are integral to society, but the decision-making process behind how, when, where, and why we build is no longer working,” said Briq Co-Founder & CEO Bassem Hamdy, in a statement. “We aren’t just solving a construction problem, we are solving a societal problem. If we are to meet the infrastructure needs of both the developed and developing world, we must improve our decision-making and analysis around the data we have. We are thrilled to have the support of Eniac Ventures as we enter the next phase of our journey.”

[market-research-blog-land]

Digital Trends in Construction and Real Estate-Insights | Key Players – DUS, Immensa Technology Labs, Pavegen, InsiteVR, Multiplex, TheConstruct, Volvo, Asmbld, Katerra, Autodesk, AliceTechnologies, H3 Dynamics, Doxel, Fluor Corporation, 3D Robotics etc

Digital Trends in Construction and Real Estate Market

Digital Trends in Construction and Real Estate: Insights, real world examples of innovation and implementation of disruptive technologies across the value chain.

The term 'advanced construction technology' covers an extensive range of cutting-edge techniques and practices that encompass the latest developments in materials technology, design procedures, volume surveying, facilities management, services, structural evaluation and design.

The report on “Digital Trends in Construction and Real Estate Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims. Surge in clinical data, use of connected devices, and evolving consumer needs is expected to drive the growth in the market.

Get a Sample Copy of This Report@ http://bit.ly/2CIabnd

The major market player included in this report are:DUS, Immensa Technology Labs, Pavegen, InsiteVR, Multiplex, TheConstruct, Volvo, Asmbld, Katerra, Autodesk, AliceTechnologies, H3 Dynamics, Doxel, Fluor Corporation, 3D Robotics, ManufactOn, Johnson Controls, DAQRI, SuitX, AtlasCopco, Fastbrick, Kuka, SiteAware, Kiewit, Layton, Brickschain, Ubitquity LLC, Airware, VirtualAPT, Compass, Delos, Nobul, roOomy, Matterport, Pillar Technologies, SiteZone, CAT, Suffolk, SOLIDBOT

Insights, real world examples of innovation and implementation of disruptive technologies across the value chain.

Scope:

-The construction industry is constantly transforming and evolving. Every time new developments show up with in the industry, from technological developments to an enhanced focus on sustainability.

-Technological advancements are transforming the construction industry with drones, 3D printing, AI, autonomous vehicles, mobile and cloud applications.

Table of Contents:

Construction & Real Estate Tech: Overview

Construction & Real Estate Tech: Market Drivers & Inhibitors

Construction & Real Estate Tech: Key Trends

Construction & Real Estate Tech: Value Chain and Use Cases

Construction & Real Estate Tech: Products & Services

Construction & Real Estate Tech: Procurement /Manufacturing/Operations

Construction & Real Estate Tech: Channels

Construction & Real Estate Tech: Sales & Marketing

Construction & Real Estate Tech: End User

Construction & Real Estate Tech: Regulatory, Risk, Compliance & Strategy

Construction & Real Estate Tech: Future Outlook

Get Discount for this report: http://bit.ly/2HMhyOs

Reasons to buy:

-Gain insights into Construction & Real Estate Tech.

-Gain insights into Market Drivers & Inhibitors of Construction & Real Estate Tech.

-Gain insights into Key Trends, Value Chain and Use Cases of Construction & Real Estate Tech.

-Gain insights into future outlook of Construction & Real Estate Tech.

Buy This Report @ http://bit.ly/2uwgk1a

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from Blogger http://bit.ly/2GqNvdl via IFTTT

[toomanysinks]

Briq, the next building block in tech’s reconstruction of the construction business, raises $3 million

Bassem Hamdy has been in the construction business for a long time.

He spent the last few years at the construction software business Procore, now a $3 billion dollar company developing technology for the construction industry, and now Hamdy is ready to unveil his next act as chief executive and co-founder of Briq, a new software service for the industry.

Construction management software developer Procore raises $75 million at a $3 billion valuation

Hamdy started Briq with his own cash, amassed through secondary sales as Procore climbed the ranks of startups to reach its status as a construction industry unicorn. And the company has just raised $3 million in financing to fund its expansion.

“With enough secondaries you can afford to make your own decisions,” Hamdy says. 

His experience in construction dates back to his earliest days. Hailing from a family of construction engineers Hamdy describes himself as a black sheep who went into the financial services industry — but construction kept pulling him back.,

Beginning in the late nineties with CMIC, which was construction enterprise resource planning, and continuing through to Procore, Hamdy has had success after success in the business, but Briq is the culmination of all of that experience, he says. 

“As much as data entry helps people it’s data intelligence software that changes things,” says Hamdy. 

Briq chief executive Bassem Hamdy

The Santa Barbara, Calif.-based company is part of a growing number of Southern California technology startups building businesses to service large swaths of specific industries — specifically real estate and construction.

Already, Procore is a $3 billion behemoth, and ServiceTitan has become a billion dollar company as well, with its software and services for air conditioning and appliance repairmen.

ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

Now Bassem’s Briq, with backing from Eniac Ventures and MetaProp NYC, is hoping to join their ranks.

“Bassem built and helped run the most successful construction software businesses in the world. It is rare and humbling to have an opportunity to help build a company from the ground up with an industry legend,” says Tim Young, Founding General Partner at Eniac Ventures . “The technology Bassem and his team are building will do something the industry has never seen before: break down data silos to leverage information in real time. Bassem has built and run the most successful construction software businesses in the world, and his knowledge of the construction space and the data space is second to none.”

The company, formerly called Brickschain, uses a combination of a blockchain based immutable ledger and machine learning tools to provide strategic insights into buildings and project developments.

Briq’s software can predict things like the success of individual projects, where demand for new projects is likely to occur and how to connect data around construction processes.

Briq has two main offerings, according to Hamdy. ProjectIQ, which monitors and manages individual projects and workflows — providing data around different vendors involved in a construction project; and MarketIQ, which provides market intelligence around where potential projects are likely to occur and which projects will be met with the most demand and success.

Joining Hamdy in the creation of Briq is Ron Goldschmidt, an experienced developer of quantitative-based trading strategies for several businesses. Hamdy, a former Wall Streeter himself has long realized the power of data in the construction business. And with the new tools at his disposal — including the blockchain based ledger system that forms the backbone of Briq’s project management software, Hamdy thinks he has developed the next big evolution in technology for the industry.

Briq already counts Webcore, a major contractor and developer, as one of its clients along with Kobayashi, Probuild, Hunter Roberts OEG, and Gartner Builders. In all, the company has contracts with nearly twelve different developers and contractors.

All of the insights that Briq can provide through its immutable ledger can add up to big savings for developers. Hamdy estimates that there’s roughly $1 trillion in waste in the construction industry.

Briq relies on IBM’s Hyperledger for its blockchain backbone and through that, the company has a window into all of the decisions made on a project. That ledger forms the scaffolding on which Briq can build out its projections and models of how much a building will cost, and how could conceivably made on a project.

“Construction and infrastructure are integral to society, but the decision-making process behind how, when, where, and why we build is no longer working,” said Briq Co-Founder & CEO Bassem Hamdy, in a statement. “We aren’t just solving a construction problem, we are solving a societal problem. If we are to meet the infrastructure needs of both the developed and developing world, we must improve our decision-making and analysis around the data we have. We are thrilled to have the support of Eniac Ventures as we enter the next phase of our journey.”

    source https://techcrunch.com/2019/02/22/briq-the-next-building-block-in-techs-reconstruction-of-the-construction-business-raises-3-million/

[cryptswahili]

Briq, the next building block in tech’s reconstruction of the construction business, raises $3 million

Bassem Hamdy has been in the construction business for a long time.

He spent the last few years at the construction software business Procore, now a $3 billion dollar company developing technology for the construction industry, and now Hamdy is ready to unveil his next act as chief executive and co-founder of Briq, a new software service for the industry.

Construction management software developer Procore raises $75 million at a $3 billion valuation

Hamdy started Briq with his own cash, amassed through secondary sales as Procore climbed the ranks of startups to reach its status as a construction industry unicorn. And the company has just raised $3 million in financing to fund its expansion.

“With enough secondaries you can afford to make your own decisions,” Hamdy says. 

His experience in construction dates back to his earliest days. Hailing from a family of construction engineers Hamdy describes himself as a black sheep who went into the financial services industry — but construction kept pulling him back.,

Beginning in the late nineties with CMIC, which was construction enterprise resource planning, and continuing through to Procore, Hamdy has had success after success in the business, but Briq is the culmination of all of that experience, he says. 

“As much as data entry helps people it’s data intelligence software that changes things,” says Hamdy. 

Briq chief executive Bassem Hamdy

The Santa Barbara, Calif.-based company is part of a growing number of Southern California technology startups building businesses to service large swaths of specific industries — specifically real estate and construction.

Already, Procore is a $3 billion behemoth, and ServiceTitan has become a billion dollar company as well, with its software and services for air conditioning and appliance repairmen.

ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

Now Bassem’s Briq, with backing from Eniac Ventures and MetaProp NYC, is hoping to join their ranks.

“Bassem built and helped run the most successful construction software businesses in the world. It is rare and humbling to have an opportunity to help build a company from the ground up with an industry legend,” says Tim Young, Founding General Partner at Eniac Ventures . “The technology Bassem and his team are building will do something the industry has never seen before: break down data silos to leverage information in real time. Bassem has built and run the most successful construction software businesses in the world, and his knowledge of the construction space and the data space is second to none.”

The company, formerly called Brickschain, uses a combination of a blockchain based immutable ledger and machine learning tools to provide strategic insights into buildings and project developments.

Briq’s software can predict things like the success of individual projects, where demand for new projects is likely to occur and how to connect data around construction processes.

Briq has two main offerings, according to Hamdy. ProjectIQ, which monitors and manages individual projects and workflows — providing data around different vendors involved in a construction project; and MarketIQ, which provides market intelligence around where potential projects are likely to occur and which projects will be met with the most demand and success.

Joining Hamdy in the creation of Briq is Ron Goldschmidt, an experienced developer of quantitative-based trading strategies for several businesses. Hamdy, a former Wall Streeter himself has long realized the power of data in the construction business. And with the new tools at his disposal — including the blockchain based ledger system that forms the backbone of Briq’s project management software, Hamdy thinks he has developed the next big evolution in technology for the industry.

Briq already counts Webcore, a major contractor and developer, as one of its clients along with Kobayashi, Probuild, Hunter Roberts OEG, and Gartner Builders. In all, the company has contracts with nearly twelve different developers and contractors.

All of the insights that Briq can provide through its immutable ledger can add up to big savings for developers. Hamdy estimates that there’s roughly $1 trillion in waste in the construction industry.

Briq relies on IBM’s Hyperledger for its blockchain backbone and through that, the company has a window into all of the decisions made on a project. That ledger forms the scaffolding on which Briq can build out its projections and models of how much a building will cost, and how could conceivably made on a project.

“Construction and infrastructure are integral to society, but the decision-making process behind how, when, where, and why we build is no longer working,” said Briq Co-Founder & CEO Bassem Hamdy, in a statement. “We aren’t just solving a construction problem, we are solving a societal problem. If we are to meet the infrastructure needs of both the developed and developing world, we must improve our decision-making and analysis around the data we have. We are thrilled to have the support of Eniac Ventures as we enter the next phase of our journey.”

    [Telegram Channel | Original Article ]

[fmservers]

Briq, the next building block in tech’s reconstruction of the construction business, raises $3 million

Bassem Hamdy has been in the construction business for a long time.

He spent the last few years at the construction software business Procore, now a $3 billion dollar company developing technology for the construction industry, and now Hamdy is ready to unveil his next act as chief executive and co-founder of Briq, a new software service for the industry.

Construction management software developer Procore raises $75 million at a $3 billion valuation

Hamdy started Briq with his own cash, amassed through secondary sales as Procore climbed the ranks of startups to reach its status as a construction industry unicorn. And the company has just raised $3 million in financing to fund its expansion.

“With enough secondaries you can afford to make your own decisions,” Hamdy says. 

His experience in construction dates back to his earliest days. Hailing from a family of construction engineers Hamdy describes himself as a black sheep who went into the financial services industry — but construction kept pulling him back.,

Beginning in the late nineties with CMIC, which was construction enterprise resource planning, and continuing through to Procore, Hamdy has had success after success in the business, but Briq is the culmination of all of that experience, he says. 

“As much as data entry helps people it’s data intelligence software that changes things,” says Hamdy. 

Briq chief executive Bassem Hamdy

The Santa Barbara, Calif.-based company is part of a growing number of Southern California technology startups building businesses to service large swaths of specific industries — specifically real estate and construction.

Already, Procore is a $3 billion behemoth, and ServiceTitan has become a billion dollar company as well, with its software and services for air conditioning and appliance repairmen.

ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

Now Bassem’s Briq, with backing from Eniac Ventures and MetaProp NYC, is hoping to join their ranks.

“Bassem built and helped run the most successful construction software businesses in the world. It is rare and humbling to have an opportunity to help build a company from the ground up with an industry legend,” says Tim Young, Founding General Partner at Eniac Ventures . “The technology Bassem and his team are building will do something the industry has never seen before: break down data silos to leverage information in real time. Bassem has built and run the most successful construction software businesses in the world, and his knowledge of the construction space and the data space is second to none.”

The company, formerly called Brickschain, uses a combination of a blockchain based immutable ledger and machine learning tools to provide strategic insights into buildings and project developments.

Briq’s software can predict things like the success of individual projects, where demand for new projects is likely to occur and how to connect data around construction processes.

Briq has two main offerings, according to Hamdy. ProjectIQ, which monitors and manages individual projects and workflows — providing data around different vendors involved in a construction project; and MarketIQ, which provides market intelligence around where potential projects are likely to occur and which projects will be met with the most demand and success.

Joining Hamdy in the creation of Briq is Ron Goldschmidt, an experienced developer of quantitative-based trading strategies for several businesses. Hamdy, a former Wall Streeter himself has long realized the power of data in the construction business. And with the new tools at his disposal — including the blockchain based ledger system that forms the backbone of Briq’s project management software, Hamdy thinks he has developed the next big evolution in technology for the industry.

Briq already counts Webcore, a major contractor and developer, as one of its clients along with Kobayashi, Probuild, Hunter Roberts OEG, and Gartner Builders. In all, the company has contracts with nearly twelve different developers and contractors.

All of the insights that Briq can provide through its immutable ledger can add up to big savings for developers. Hamdy estimates that there’s roughly $1 trillion in waste in the construction industry.

Briq relies on IBM’s Hyperledger for its blockchain backbone and through that, the company has a window into all of the decisions made on a project. That ledger forms the scaffolding on which Briq can build out its projections and models of how much a building will cost, and how could conceivably made on a project.

“Construction and infrastructure are integral to society, but the decision-making process behind how, when, where, and why we build is no longer working,” said Briq Co-Founder & CEO Bassem Hamdy, in a statement. “We aren’t just solving a construction problem, we are solving a societal problem. If we are to meet the infrastructure needs of both the developed and developing world, we must improve our decision-making and analysis around the data we have. We are thrilled to have the support of Eniac Ventures as we enter the next phase of our journey.”

    Via Jonathan Shieber https://techcrunch.com

[davidchanus]

How Blockchain Enables the Construction Industry to Build a New World

The How Blockchain Enables the Construction Industry to Build a New World Find more on: Business Law Group

Below is a good article on blockchain technology and  how it can be a disruptor, including in industries where you don’t necessarily think of blockchain. This article does a nice job on the construction industry and how it can be transformed by using the technology. Check it out.See more at https://kcbusinesslawgroup.com/How Blockchain and Construction Will Build a New WorldSARAH ROTHRIEHow Blockchain and Construction Will Build a New WorldWhen we think about industries set for disruption by blockchain, construction probably isn’t top of the list. After all, the traditional image of a building site seems far removed from crypto, coding, and hackathons. But there are potentially enormous benefits for putting blockchain and construction together.This article will round up some of the possible use cases for blockchain in the construction industry.Blockchain and Construction Supply ChainsA bad workman blames his tools, right? Maybe that’s a bit harsh, though. After all, the construction industry is dependent on the availability of quality supplies and tools, at the right time and in the right place. Given that the sector is highly fragmented with many different players, big and small, supply chains are a big deal.ToolsNot as innocent as they look…Purchase orders, delivery notes, and invoices are often still paper-based. Firms frequently don’t know if the supplies they need are in stock when they start a project, which leads to delays and incurs costs.These aren’t even the worst consequences. UK government contract Carillion collapsed at the start of 2018, affecting the jobs of around 43,000 people as a result. Sources pointed to its poor supply chain management as being a critical factor in the collapse, through lousy credit management and a lack of visibility over projects and required supplies.The blockchain is already proving its ability to transform supply chains, in one instance through the partnership between Walmart and IBM. Using blockchain to manage construction supply chains could create a single source of truth regarding the availability and provenance of construction supplies, as well as tracking payments.The industry is taking notice of this use case for blockchain and construction. Recent announcements have now confirmed that Probuild, one of Australia’s largest building firms, has partnered with US blockchain construction innovator Brickschain for managing its global supply chain. The announcement confirms that “Probuild has the vision that Blockchain, IoT and Big Data can revolutionize the construction supply chain.”Blockchain and Construction Project ManagementConstruction projects rely on various parties to work together to complete a building based on pre-defined specifications. Each party expects payment based on work done. Therefore, the peer-to-peer connectivity of blockchain, combined with smart contract functionality, brings excellent opportunities to streamline construction project management.One study into the potential of blockchain in construction project management found that “[o]n the construction site blockchain can improve the reliability and trustworthiness of construction logbooks, works performed and material quantities recorded.”Industry publication Construction Manager (they don’t mess around with fluffy, ambiguous names in this business) also reported on the development of two prototype applications combining blockchain and construction.TraderTransferTrust is a payment system built on […]

from https://kcbusinesslawgroup.com/fintech/how-blockchain-enables-the-construction-industry-to-build-a-new-world/

source http://kcbusinesslawgroup.weebly.com/blog/how-blockchain-enables-the-construction-industry-to-build-a-new-world

[fayeburnsus]

How Blockchain Enables the Construction Industry to Build a New World

This post How Blockchain Enables the Construction Industry to Build a New World was first seen on kcbusinesslawgroup.com

Below is a good article on blockchain technology and  how it can be a disruptor, including in industries where you don’t necessarily think of blockchain. This article does a nice job on the construction industry and how it can be transformed by using the technology. Check it out.See more at https://kcbusinesslawgroup.com/How Blockchain and Construction Will Build a New WorldSARAH ROTHRIEHow Blockchain and Construction Will Build a New WorldWhen we think about industries set for disruption by blockchain, construction probably isn’t top of the list. After all, the traditional image of a building site seems far removed from crypto, coding, and hackathons. But there are potentially enormous benefits for putting blockchain and construction together.This article will round up some of the possible use cases for blockchain in the construction industry.Blockchain and Construction Supply ChainsA bad workman blames his tools, right? Maybe that’s a bit harsh, though. After all, the construction industry is dependent on the availability of quality supplies and tools, at the right time and in the right place. Given that the sector is highly fragmented with many different players, big and small, supply chains are a big deal.ToolsNot as innocent as they look…Purchase orders, delivery notes, and invoices are often still paper-based. Firms frequently don’t know if the supplies they need are in stock when they start a project, which leads to delays and incurs costs.These aren’t even the worst consequences. UK government contract Carillion collapsed at the start of 2018, affecting the jobs of around 43,000 people as a result. Sources pointed to its poor supply chain management as being a critical factor in the collapse, through lousy credit management and a lack of visibility over projects and required supplies.The blockchain is already proving its ability to transform supply chains, in one instance through the partnership between Walmart and IBM. Using blockchain to manage construction supply chains could create a single source of truth regarding the availability and provenance of construction supplies, as well as tracking payments.The industry is taking notice of this use case for blockchain and construction. Recent announcements have now confirmed that Probuild, one of Australia’s largest building firms, has partnered with US blockchain construction innovator Brickschain for managing its global supply chain. The announcement confirms that “Probuild has the vision that Blockchain, IoT and Big Data can revolutionize the construction supply chain.”Blockchain and Construction Project ManagementConstruction projects rely on various parties to work together to complete a building based on pre-defined specifications. Each party expects payment based on work done. Therefore, the peer-to-peer connectivity of blockchain, combined with smart contract functionality, brings excellent opportunities to streamline construction project management.One study into the potential of blockchain in construction project management found that “[o]n the construction site blockchain can improve the reliability and trustworthiness of construction logbooks, works performed and material quantities recorded.”Industry publication Construction Manager (they don’t mess around with fluffy, ambiguous names in this business) also reported on the development of two prototype applications combining blockchain and construction.TraderTransferTrust is a payment system built on […]

Source: https://kcbusinesslawgroup.com/fintech/how-blockchain-enables-the-construction-industry-to-build-a-new-world/

source https://kcbusinesslawgroupcom.wordpress.com/2018/11/06/how-blockchain-enables-the-construction-industry-to-build-a-new-world/

[ebenalconstruct]

Brickschain co-founders discuss the value of blockchain for construction

Bassem Hamdy and Ron Goldshmidt say the technology can create a comprehensive record of building activity and streamline O&M handover.

from https://www.constructiondive.com/news/brickschain-co-founders-discuss-the-value-of-blockchain-for-construction/524311/

[commercialremodelingcontractor]

Brickschain co-founders discuss the value of blockchain for construction

Bassem Hamdy and Ron Goldshmidt say the technology can create a comprehensive record of building activity and streamline O&M handover.

[awesomeblockchain]

Brickschain, a construction management company, will be using technology by ULedger to bring the level of transparency, trust and efficiency of blockchain to the world of construction.

The blockchain-based construction management company seeks to cut down on expenses, time and the inaccuracies in the current property and asset management process.

Communication and upper logistics are some of the areas of construction that provide major challenges for its various parties; eating up precious time and resources, with few ways to resolve it conventionally.

Through coupling blockchain with existing construction management software. It's hoped that the collaboration will slash costs, risk and improve underlying asset values.

CEO of ULedger, John McIver highlighted the determination by construction companies to innovate:

-Construction is an industry that can see a multitude of benefits from blockchain technology, as it can help solve many of the challenges around sustainability during and after construction. By integrating ULedger, Brickschain will be able to help disintermediate the creation and maintenance of buildings, while empowering people in the industry to easily and securely manage their facilities, buildings, and projects. Furthering ULedger's mission to advance data integrity, this partnership will ease a heavy burden in the construction industry which is fraught with both intentional and unintentional data discrepancies."

Both ULedger and Brickschain have the conjoined mission of chronicling the life of every building in the world and will create a reliable, trustworthy chain of events that allow for all information to be collated together in one place. Bassem Hamdy, CEO of Brickschain, stated the reliability of the construction world to be bold and fearless in their developments:

-Construction is a fearless industry. Whether it's a skyscraper or a family home, we take concepts and make them a physical reality. However, the truth of a project's status- from how much has been completed, to what still needs to be done- has to this day been elusive in the construction industry. Partnering with ULedger allows us to use blockchain to bring this element of truth, allowing easy access to data, and ensuring that the question of -what's behind that wall?" can always be answered."

Buildings as assets, venues, and homes undergo a meticulous level of change throughout multiple lifespans. And while this is accomplished fact, the tangible level of information on these changes is dramatically scattered, from receipts to email chains, collating all information without gaps is difficult and takes significant time.

Using blockchain technology will allow this information to be managed, stored and transferred with far greater speed and efficiency.

https://ift.tt/2se9vjt

[market-research-blog-land]

Digital Trends in Construction and Real Estate-Insights | Key Players – DUS, Immensa Technology Labs, Pavegen, InsiteVR, Multiplex, TheConstruct, Volvo, Asmbld, Katerra, Autodesk, AliceTechnologies, H3 Dynamics, Doxel, Fluor Corporation, 3D Robotics etc

Digital Trends in Construction and Real Estate Market

Digital Trends in Construction and Real Estate: Insights, real world examples of innovation and implementation of disruptive technologies across the value chain.

The term 'advanced construction technology' covers an extensive range of cutting-edge techniques and practices that encompass the latest developments in materials technology, design procedures, volume surveying, facilities management, services, structural evaluation and design.

The report on “Digital Trends in Construction and Real Estate Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims. Surge in clinical data, use of connected devices, and evolving consumer needs is expected to drive the growth in the market.

Get a Sample Copy of This Report@ http://bit.ly/2CIabnd

The major market player included in this report are:DUS, Immensa Technology Labs, Pavegen, InsiteVR, Multiplex, TheConstruct, Volvo, Asmbld, Katerra, Autodesk, AliceTechnologies, H3 Dynamics, Doxel, Fluor Corporation, 3D Robotics, ManufactOn, Johnson Controls, DAQRI, SuitX, AtlasCopco, Fastbrick, Kuka, SiteAware, Kiewit, Layton, Brickschain, Ubitquity LLC, Airware, VirtualAPT, Compass, Delos, Nobul, roOomy, Matterport, Pillar Technologies, SiteZone, CAT, Suffolk, SOLIDBOT

Insights, real world examples of innovation and implementation of disruptive technologies across the value chain.

Scope:

-The construction industry is constantly transforming and evolving. Every time new developments show up with in the industry, from technological developments to an enhanced focus on sustainability.

-Technological advancements are transforming the construction industry with drones, 3D printing, AI, autonomous vehicles, mobile and cloud applications.

Table of Contents:

Construction & Real Estate Tech: Overview

Construction & Real Estate Tech: Market Drivers & Inhibitors

Construction & Real Estate Tech: Key Trends

Construction & Real Estate Tech: Value Chain and Use Cases

Construction & Real Estate Tech: Products & Services

Construction & Real Estate Tech: Procurement /Manufacturing/Operations

Construction & Real Estate Tech: Channels

Construction & Real Estate Tech: Sales & Marketing

Construction & Real Estate Tech: End User

Construction & Real Estate Tech: Regulatory, Risk, Compliance & Strategy

Construction & Real Estate Tech: Future Outlook

Get Discount for this report: http://bit.ly/2HMhyOs

Reasons to buy:

-Gain insights into Construction & Real Estate Tech.

-Gain insights into Market Drivers & Inhibitors of Construction & Real Estate Tech.

-Gain insights into Key Trends, Value Chain and Use Cases of Construction & Real Estate Tech.

-Gain insights into future outlook of Construction & Real Estate Tech.

Buy This Report @ http://bit.ly/2uwgk1a

About ReportsWeb:ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

Contact Us: Call: +1-646-491-9876 Email: sales@reportsweb.com

from Blogger http://bit.ly/2GqNvdl via IFTTT

[market-research-blog-land]

Digital Trends in Construction and Real Estate-Insights | Key Players – DUS, Immensa Technology Labs, Pavegen, InsiteVR, Multiplex, TheConstruct, Volvo, Asmbld, Katerra, Autodesk, AliceTechnologies, H3 Dynamics, Doxel, Fluor Corporation, 3D Robotics etc

Digital Trends in Construction and Real Estate Market

Digital Trends in Construction and Real Estate: Insights, real world examples of innovation and implementation of disruptive technologies across the value chain.

The term 'advanced construction technology' covers an extensive range of cutting-edge techniques and practices that encompass the latest developments in materials technology, design procedures, volume surveying, facilities management, services, structural evaluation and design.

The report on “Digital Trends in Construction and Real Estate Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims. Surge in clinical data, use of connected devices, and evolving consumer needs is expected to drive the growth in the market.

Get a Sample Copy of This Report@ http://bit.ly/2CIabnd

The major market player included in this report are:DUS, Immensa Technology Labs, Pavegen, InsiteVR, Multiplex, TheConstruct, Volvo, Asmbld, Katerra, Autodesk, AliceTechnologies, H3 Dynamics, Doxel, Fluor Corporation, 3D Robotics, ManufactOn, Johnson Controls, DAQRI, SuitX, AtlasCopco, Fastbrick, Kuka, SiteAware, Kiewit, Layton, Brickschain, Ubitquity LLC, Airware, VirtualAPT, Compass, Delos, Nobul, roOomy, Matterport, Pillar Technologies, SiteZone, CAT, Suffolk, SOLIDBOT

Insights, real world examples of innovation and implementation of disruptive technologies across the value chain.

Scope:

-The construction industry is constantly transforming and evolving. Every time new developments show up with in the industry, from technological developments to an enhanced focus on sustainability.

-Technological advancements are transforming the construction industry with drones, 3D printing, AI, autonomous vehicles, mobile and cloud applications.

Table of Contents:

Construction & Real Estate Tech: Overview

Construction & Real Estate Tech: Market Drivers & Inhibitors

Construction & Real Estate Tech: Key Trends

Construction & Real Estate Tech: Value Chain and Use Cases

Construction & Real Estate Tech: Products & Services

Construction & Real Estate Tech: Procurement /Manufacturing/Operations

Construction & Real Estate Tech: Channels

Construction & Real Estate Tech: Sales & Marketing

Construction & Real Estate Tech: End User

Construction & Real Estate Tech: Regulatory, Risk, Compliance & Strategy

Construction & Real Estate Tech: Future Outlook

Get Discount for this report: http://bit.ly/2HMhyOs

Reasons to buy:

-Gain insights into Construction & Real Estate Tech.

-Gain insights into Market Drivers & Inhibitors of Construction & Real Estate Tech.

-Gain insights into Key Trends, Value Chain and Use Cases of Construction & Real Estate Tech.

-Gain insights into future outlook of Construction & Real Estate Tech.

Buy This Report @ http://bit.ly/2uwgk1a

About ReportsWeb:ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

Contact Us: Call: +1-646-491-9876 Email: sales@reportsweb.com

from Blogger http://bit.ly/2GqNvdl via IFTTT