Applications of Blockchain for the Governance of Integrated Project Delivery: A Crypto Commons Approach
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arXiv
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| Main Authors: | , , , , |
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| Format: | Preprint |
| Published: |
2022
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| _version_ | 1866917662932598784 |
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| author | Hunhevicz, Jens J. Brasey, Pierre-Antoine Bonanomi, Marcella M. M. Hall, Daniel M. Fischer, Martin |
| author_facet | Hunhevicz, Jens J. Brasey, Pierre-Antoine Bonanomi, Marcella M. M. Hall, Daniel M. Fischer, Martin |
| contents | This paper outlines why and how blockchain can digitally support and evolve the governance of collaborative project deliveries, such as integrated project deliveries (IPDs), to provide the foundation for novel and disruptive forms of organizational collaboration in the construction industry. Previous work has conceptualized IPDs as a common pool resource (CPR) scenario, where shared resources are collectively governed. Through the use of blockchain and smart contracts for trustworthy peer-to-peer transactions and execution logic, Ostrom's design principles can be digitally encoded to scale CPR scenarios. Building on the identified connections, the paper 1) synthesizes fourteen blockchain-based mechanisms to govern CPRs, 2) identifies twenty-two applications of these mechanisms to govern IPDs, and 3) introduces a conceptualization of the above relationships towards a holistic understanding of collaborative project deliveries on the crypto commons for novel collective organization of construction project delivery between both humans and machines. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2207_07002 |
| institution | arXiv |
| publishDate | 2022 |
| record_format | arxiv |
| spellingShingle | Applications of Blockchain for the Governance of Integrated Project Delivery: A Crypto Commons Approach Hunhevicz, Jens J. Brasey, Pierre-Antoine Bonanomi, Marcella M. M. Hall, Daniel M. Fischer, Martin Cryptography and Security This paper outlines why and how blockchain can digitally support and evolve the governance of collaborative project deliveries, such as integrated project deliveries (IPDs), to provide the foundation for novel and disruptive forms of organizational collaboration in the construction industry. Previous work has conceptualized IPDs as a common pool resource (CPR) scenario, where shared resources are collectively governed. Through the use of blockchain and smart contracts for trustworthy peer-to-peer transactions and execution logic, Ostrom's design principles can be digitally encoded to scale CPR scenarios. Building on the identified connections, the paper 1) synthesizes fourteen blockchain-based mechanisms to govern CPRs, 2) identifies twenty-two applications of these mechanisms to govern IPDs, and 3) introduces a conceptualization of the above relationships towards a holistic understanding of collaborative project deliveries on the crypto commons for novel collective organization of construction project delivery between both humans and machines. |
| title | Applications of Blockchain for the Governance of Integrated Project Delivery: A Crypto Commons Approach |
| topic | Cryptography and Security |
| url | https://arxiv.org/abs/2207.07002 |