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The Impact of Blockchain Technology on Supply Chain Management in the Construction Industry

  • 2025
  • OriginalPaper
  • Chapter
Published in:
Authors
Dmytro Ivanenko
Anatolii Bobrakov
Yurii Yakimtsov
Mykhailo Kulik
Published in
Sustainable Development in Economics, Technology and Environmental Engineering
Publisher
Springer Nature Switzerland

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Abstract

This chapter delves into the transformative potential of blockchain technology in the construction industry's supply chain management. It highlights the technology's ability to address long-standing challenges such as payment delays, insufficient cooperation, and inadequate data sharing among stakeholders. The chapter explores how blockchain can streamline critical supply chain operations, including tracking shipments, ensuring authenticity, and facilitating identification processes. It also discusses the technical and organizational challenges of implementing blockchain in the construction industry, as well as the potential benefits for post-war reconstruction efforts. The chapter concludes that blockchain technology offers a promising solution for enhancing collaboration, transparency, and efficiency in construction supply chains, making it a critical tool in both regular construction activities and post-conflict recovery scenarios.
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previous chapter Marketing Technologies for the Development of Business Structures in the Context of Digital Transformation of the Ukrainian Economy
next chapter Development of a Software Tool for Implementing an Algorithm for Solving a Two-Factor Transportation Problem with Weighting Coefficients
Title
The Impact of Blockchain Technology on Supply Chain Management in the Construction Industry
Authors
Dmytro Ivanenko
Anatolii Bobrakov
Yurii Yakimtsov
Mykhailo Kulik
Copyright Year
2025
Book
Sustainable Development in Economics, Technology and Environmental Engineering

Print ISBN: 978-3-031-91952-7

Electronic ISBN: 978-3-031-91953-4

Copyright Year: 2025

DOI
https://doi.org/10.1007/978-3-031-91953-4_12
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