Thanks! Yes we believe it is revolutionary as well. However, blockchain + construction is not the first use case you think of here and we know lots of companies have tried to slap blockchain on any use case.
It makes sense here though because The building process involves 50 dis-trusting stakeholders who suffer from low margins and work on projects that fail 70% of the time. They also create upwards of 750,000 documents which is complex and costly to manage.
Companies on these projects send a lot of important information, and data to each other; blockchain creates a trusted digital environment that these companies can collaborate in.
It makes sense here though because The building process involves 50 dis-trusting stakeholders who suffer from low margins and work on projects that fail 70% of the time. They also create upwards of 750,000 documents which is complex and costly to manage. Companies on these projects send a lot of important information, and data to each other; blockchain creates a trusted digital environment that these companies can collaborate in.