USING BLOCKCHAIN TECHNOLOGY AND CRYPTOCURRENCY FOR CONTRACT MANAGEMENT IN CONSTRUCTION ENGINEERING

This research paper aims to study the introduction of blockchain technology and cryptocurrencies. They adopted smart contracts and provided a database of blockchain technology and cryptocurrencies for contract management in construction engineering, bringing blockchain technology and cryptocurrencies for contract management in construction engineering. Using a blended research method during qualitative research And quantitative research It consists of data collection from questionnaires and indepth interviews from 15relevant public and private experts and analyzed with a hierarchical hierarchy (Analytic Hierarchy Process (AHP) to analyze the weighted average (W). For implementing and analyzing acceptance levels with the Severity Index (SI), blockchain technology and cryptocurrencies for contract management in construction engineering are implemented. The results of the analysis of the acceptance of factors affecting acceptance ware sorted as follows. Helpful, it has a weighted average (W = 56.40%) and severity index (SI = 72.045%). The ease of blockchain technology and cryptocurrencies has a weighted average (W = 20.72%) and index. Severity (SI = 68.910%), positive attitudes towards blockchain technology and cryptocurrencies are weighted average (W = 14.16%) and severity index (SI = 68.883%), and their adoption intent. Blockchain technology and cryptocurrency for contract management in construction engineering have a weighted average (W = 8.72%) and severity index (SI = 68.658%), respectively, and qualitative analysis blockchain technology implementation. Furthermore, cryptocurrencies for use in contract management in construction engineering reduce any disputes that can occur—however, smart contracts (SCont) are still limited in construction engineering by law