BENEFITS OF BLOCKCHAIN TECHNOLOGY AND CRYPTOCURRENCY FOR CONSTRUCTION ENGINEERING MANAGEMENT
Journal: International Journal of Management (IJM) (Vol.11, No. 10)Publication Date: 2020-10-31
Authors : APICHART BOONPHENG WARANON KONGSONG KIJBODEE KONGBENJAPUCH CHAIWAT POOWORAKULCHAI BOONTHAM HARNPHANICH SUMETH ROIKULCHAROEN;
Page : 1484-1494
Keywords : Blockchain Technology; Cryptocurrency; Engineering Management; Construction project.;
Abstract
This research paper aims to study the benefits of Blockchain Technology and Cryptocurrencies for Construction Engineering Management and to study the relationship of stakeholders in the use of blockchain technology and Cryptocurrencies. Using quantitative research methods Which has a questionnaire as a tool for collecting data Then calculate the mean from the data Calculating standard deviation, data analysis with severity index, and analysis of stakeholder relationships. From people in the Construction Management and Blockchain Technology industries. The study found that Benefits of Blockchain Technology and Cryptocurrencies for Construction Engineering Management Able to help reduce costs for Construction projects to be number one. Helps reduce the second step of better project management. Third, faster processing and management of Construction projects. This helped to shorten the time and management of the construction contract to be more accurate to the fourth place. Reliance on Blockchain Technology and Cryptocurrencies is fifth in Construction projects. There was a strong opinion in all 3 groups at 3.51-4.50 and helped the Construction project more efficient at the moderate level, the three groups at 2.51-3.50 were the last
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