Data, Information, and Knowledge Integration for Effective Decision-Making in the Construction Sector: Leveraging Blockchain Technology

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CBC 2023 paper by Chenchumurali Krishna, Purva Gupta and Kumar Neeraj Jha. https://doi.org/10.47330/CBC.2023.LFVG7291 | Watch Left | Left

Abstract

Effective decision-making is paramount for project success and industry advancement in the rapidly evolving landscape of the construction sector. To facilitate informed and timely decisions, integrating data, information, and knowledge has emerged as a critical imperative. This paper delves into the synergistic interplay between these three layers of information. It underscores the transformative potential of blockchain technology as an enabler of seamless integration. By examining the challenges posed by information silos and disparate systems, the paper highlights the role of blockchain in fostering a secure, transparent, and collaborative ecosystem for decision-making.

Keywords

Decision-Making Automation, Data & Information management, Integrated Project Delivery.

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