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العنوان
The Impact of using Block Chain Technology in Financial Management of Construction Projects /
المؤلف
Abazeid, Manal Abd Elfadil Hussein.
هيئة الاعداد
باحث / منال عبد الفضيل حسين أبازيد
مشرف / عمر علي موسي النواوي
مشرف / محمد أحمد فؤاد المكاوي
مشرف / أيمن حمدي ضيف الله نصار
تاريخ النشر
2023.
عدد الصفحات
139 p. :
اللغة
الإنجليزية
الدرجة
ماجستير
التخصص
الهندسة المدنية والإنشائية
تاريخ الإجازة
1/1/2023
مكان الإجازة
جامعة عين شمس - كلية الهندسة - الهندسة الإنشائية
الفهرس
Only 14 pages are availabe for public view

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from 139

Abstract

Advances in technology have led to rapid changes in construction contracts. Lawyers struggle to keep up with the pace of innovation, need to provide legal solutions and adapt to new methods. Although Building Information Modeling (BIM) has limited evidence of its impact on the ground, it has become part of the common narrative in architecture. Smart contracts seem to be a logical extension of BIM, whereby contract fulfillment itself becomes automated. However, smart contracts work best in short-term or immediate effects. This is inconsistent with the complexity and long-term nature of the construction project. In addition, storage limitations, compatibility and reliability issues, and the confidentiality and long-term nature of distributed ledgers have also brought additional problems. This research discusses the goals that can be achieved in the construction industry through the adoption of smart contracts.
Therefore, this research discusses block-chain technology as a platform for using smart contracts to assist construction projects in construction contracts and transforming them into smart that facilitate the speed of necessary procedures for the owner, consultant, or contractor.
By linking these contracts to Building Information Modeling (BIM) and automatically connecting any modifications or variation orders to these contracts, it will reduce the procedures followed in the case of claims and delays in approving the procedures and became self-execution.
In this research, a real case study of researched a project was examined, involving two clusters being constructed at on the same project. However, one group utilized smart contract technology through its applications, while the other group employed traditional methods. A comparison was made between the two approaches to assess their effectiveness and viability.
Chapter 1 (Introduction):
This chapter provides an introduction of the impact of new technology in general and its impact on construction projects.
Chapter 2 (Literature review):
In this chapter, the definition of engineering contracts in general, what problems result from them, the proposals of researchers in their development, the causes of the resulting problems if applied, and the presentation of the researchers who published research related to this topic, what penalties and challenges they faced regarding their development, and what applications are used to make them smart contracts.
What are the reasons for the failure of projects, the causes of insolvency in payments, how to address problems from the point of view of researchers, and what is the relationship of Building Information Modeling with smart contracts and their definition?
Chapter 3 (Block-chain and smart contract):
In this chapter, The Block Chain will be introduced, what types of blocks, the basics and characteristics of this technology, what it is used for, the obstacles and obstacles facing this technology, the definition of the smart contract, its relationship with the block chain platform, and how it addressed the problems of traditional contracts.
Chapter 4 (The Current Research):
In this section an electronic method of submitting contract guaranteed and timely payment of construction projects are explained. FSAP (Financial of System Analyze Programming) is presented to ensure security of payment of construction progress payments and to minimize potential payment disputes and automate the retention payments. This chapter aims to Study the impact of using block-chain technology for construction projects focusing on financial management by using comparison with electronic method of submitting contract as a simulation to smart contract applications with traditional method by charts and curves of flow chart …etc.
Chapter 5 (The Impact of Using Block chain Technology):
In this chapter, a questionnaire was made for officials and experts of engineering contracts, problems and challenges in the case of applying traditional contracts, the extent of their knowledge of Block Chain technology and smart contracts, the viability of companies if applied, and what are the obstacles that made them cautious in using them, and these responses were analyzed to develop future research and benefit from these responses.
Questionnaires are used to support the collection of information in a reliable way that, when collected from an expressive sample of a certain population, allows the results to be analyzed for a wider population. Vital to understanding the results obtained from the questionnaire are the validity questions that support the development of the questionnaire from the moment the element is created.
(Rattray & Jones, 2007) Researchers use questionnaires to measure knowledge, attitudes, emotions, cognitive abilities, intentions, or behavior. When developing a questionnaire, items or questions are created that require the respondent to answer a sequence of questions or statements. The participants’ responses are then converted into a numerical system and statistically analyzed. Researchers use questionnaires to measure knowledge, attitudes, emotions, cognitive abilities, intentions, or behavior. When developing a questionnaire, items or questions are created that require the respondent to answer a sequence of questions or statements. The participants’ responses are then converted into a numerical system and statistically analyzed.