Tokenization in Construction
The new technology of “blockchain” – Why should you care? Blockchain isn’t ideal for every industry but one industry that has shown overwhelming success with this new tech is construction. Where there is a disconnect and lack of continuity, blockchain fills the gaps almost perfectly when looking to streamline common practices and procedures.
Don Bowden, CEO of Builderchain, discusses using blockchain and cryptocurrencies across the construction sector.
There are a multitude of different technology components changing how we do things in today’s construction realm. In addition to blockchain, another development includes smart contracts. “What’s unique about smart contracts is they’re software programs. And they execute consistently and repeatedly every time. The execution of that program is not reversible and is completely autonomous.”
Hear about these groundbreaking concepts and more in Don’s talk from Shadow Summit 2018. You can also connect with Don here.