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THE ROLE OF BLOCKCHAIN IN ENHANCING TRUST: A CONSTRUCTION PROJECT GOVERNANCE APPROACH

Seongha Hwang, Karen Blay, Mohamed Osmani, Mingzhu Wang

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

Abstract

Construction project governance (CPG) offers a strategic framework to guide participants through complex construction projects. Emphasizing the trust mechanism within CPG is crucial for managing interorganizational relationships. Blockchain (BC) can serve as an enabler for trust-based CPG by facilitating and regulating relationships at the project level. Accordingly, this paper aims to identify CPG's trust requirements and assess the relationship between CPG's trust requirements and BC's characteristics through a state-of-the-art review. The results indicate that integrating BC’s distinctive characteristics across project delivery can enhance CPG's trust requirements. This study presents comprehensive guidelines for developing a trust-based CPG model. © 2024 European Council on Computing in Construction.
Original languageEnglish
Title of host publicationProceedings of the 2024 European Conference on Computing in Construction
PublisherEuropean Council on Computing in Construction (EC3)
Pages50-57
ISBN (Print)978-9-083451-30-5
DOIs
Publication statusPublished - Jul 2024
EventEuropean Conference on Computing in Construction, EC3 2024 - Chania, Greece
Duration: 14 Jul 202417 Jul 2024

Publication series

NameProceedings of the European Conference on Computing in Construction
Volume2024
ISSN (Electronic)2684-1150

Conference

ConferenceEuropean Conference on Computing in Construction, EC3 2024
PlaceGreece
CityChania
Period14/07/2417/07/24

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