# Measuring the Impact of Blockchain and Smart Contract on Construction Supply Chain Visibility

arXiv: https://arxiv.org/abs/2104.07532 · HTML: https://mlsanity.com/paper/2104.07532/

## Key facts

- No citing papers in the map yet (data through 14 Oct 2026).
- Builds on 6 of its 148 references that are in the map.
- First posted on arXiv 15 Apr 2021.

## Builds on (most cited first, 6 of 6)

- [IPFS - Content Addressed, Versioned, P2P File System](https://mlsanity.com/paper/1407.3561/) (2014)
- [Hyperledger Fabric: A Distributed Operating System for Permissioned Blockchains](https://mlsanity.com/paper/1801.10228/) (2018)
- [Do you need a blockchain in construction? Use case categories and decision framework for DLT design options](https://mlsanity.com/paper/2004.04626/) (2020)
- [Construction Payment Automation Using Blockchain-Enabled Smart Contracts and Reality Capture Technologies](https://mlsanity.com/paper/2010.15232/) (2020)
- [The Application of Blockchain-Based Crypto Assets for Integrating the Physical and Financial Supply Chains in the Construction & Engineering Industry](https://mlsanity.com/paper/2012.02147/) (2020)
- [Blockchain and BIM (Building Information Modeling): Progress in Academia and Industry](https://mlsanity.com/paper/2104.00547/) (2021)

## Abstract (arXiv)

This work assesses the impact of blockchain and smart contract on the visibility of construction supply chain and in the context of payments (intersection of cash and product flows). It uses comparative empirical experiments (Charrette Test Method) to draw comparisons between the visibility of state-of-practice and blockchain-enabled payment systems in a commercial construction project. Comparisons were drawn across four levels of granularity. The findings are twofold: 1) blockchain improved information completeness and information accuracy respectively by an average 216% and 261% compared with the digital state-of-practice solution. The improvements were significantly more pronounced for inquiries that had higher product, trade, and temporal granularity; 2) blockchain-enabled solution was robust in the face of increased granularity, while the conventional solution experienced 50% and 66.7% decline respectively in completeness and accuracy of information. The paper concludes with a discussion of mechanisms contributing to visibility and technology adoption based on business objectives.