Abstract
This chapter focuses on introducing blockchain coupled with its associated smart contracts as a particular and prominent instance of distributed ledger technologies (DLT). The chapter begins with a recent definition of DLT. Next, it discusses blockchain technology while referring to its two prominent types (i.e. permissionless and permissioned). Subsequently, the notions of smart contracts and oracles are explained and the key benefits and capabilities of blockchain are presented. A section is devoted to a conceptual model of how a blockchain-based application can be justified, and examples from literature are analysed to pave a logical path towards the subsequent chapters.
| Original language | English |
|---|---|
| Title of host publication | Blockchain, Smart Contracts and Distributed Ledger Technologies in the Built Environment |
| Subtitle of host publication | Key concepts, technologies, and applications |
| Editors | Mohamad Kassem, Abel Maciel, Daniel M. Hall |
| Place of Publication | Stevenage |
| Publisher | The Institution of Engineering and Technology |
| Chapter | 2 |
| Pages | 9-29 |
| Number of pages | 20 |
| Edition | 1 |
| ISBN (Electronic) | 9781839538353 |
| ISBN (Print) | 9781839538346 |
| DOIs | |
| Publication status | Published - 8 May 2025 |
Research output
- 1 Chapter
-
Blockchain and contract administration in construction
Msawil, M., Greenwood, D. & Kassem, M., 8 May 2025, Blockchain, Smart Contracts and Distributed Ledger Technologies in the Built Environment: Key concepts, technologies, and applications. Kassem, M., Maciel, A. & Hall, D. M. (eds.). 1st ed. Stevenage: The Institution of Engineering and Technology, p. 313-352 40 p.Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review
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