6/6/2018 7:49:53 AM
Blockchain construction management products drop by Brickschain
"Blockchain","Supply Chain","Construction Management"
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Blockchain construction management products drop by Brickschain

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Blockchain construction management products drop by Brickschain


Wednesday, June 06, 2018
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Construction and building management products have been released by Brickschain to provide blockchain technology to the construction supply chain.

Recognizing the need for better data coordination, handover and facilities management, Brickschain has released two new products: Brickschain Handover and Brickschain Chronicle.

Using blockchain, Brickschain’s new products are set to revolutionize how the industry closes out and maintains facilities. “This is the first step in building a comprehensive registry of all buildings and their components, globally” says Brickschain’s CEO and Co-Founder Bassem Hamdy. “Pre-blockchain project owners and teams were reliant on a series of excel spreadsheets and old school media to handover a project. Brickschain creates a new data fluent reality.”

“Our integrations through the blockchain enable connectivity between multiple key stakeholders in the construction supply chain. Without this technology, the built worlds will continue to lose 95% of its data on handover. By capturing these lost data resources, we gain efficiencies in asset performance and ROI for our clients just not feasible before.” Says CFO and Co-Founder Ron Goldshmidt.

Having launched only 3 weeks ago, Brickschain has already signed pilot agreements with four large companies in the US. They include general contractors, engineering firms and large asset owners. Commenting on its recent released and product roadmap, Jason Burns, CIO Sphere NYC, says “The team at Brickschain is the right team to bring blockchain technology and its efficiencies to our industry.”

Brickschain will be featuring their technology at the AIA National Conference and ENR Futuretech.

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