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Blockchain technology applicability in New Zealand’s prefabricated construction industry

Bakhtiarizadeh Ehsan (), Shahzad Wajiha Mohsin, Poshdar Mani and Rotimi James Olabode Bamidele
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Bakhtiarizadeh Ehsan: Massey University, New Zealand
Shahzad Wajiha Mohsin: Massey University, New Zealand
Poshdar Mani: Auckland University of Technology, New Zealand
Rotimi James Olabode Bamidele: Massey University, New Zealand

Engineering Management in Production and Services, 2022, vol. 14, issue 1, 103-112

Abstract: Different industries are modernising their systems and introducing innovations to their management practices. However, the construction industry is recognised for its lack of technological systems on which the success of this sector is deemed to be heavily dependent. Previous studies have focused on enhancing the off-site construction supply chain. However, studies on the importance and utilisation of technology in this sub-sector are scarce, predominantly where the efficiency of off-site supply chain management is stalled as a consequence of the slow implementation of technology. Thus, this article employs an exploratory approach by providing insight into the applicability of blockchain technology in New Zealand’s off-site construction and demonstrates the benefits associated with the adoption of this technology. A literature review was used to identify stakeholders’ interrelationships in different stages of prefabrication projects. Then, a pilot interview from industry experts followed by a questionnaire survey was used to determine the involvement of stakeholders in different phases and the benefits that blockchain technology can bring to this industry. The results indicate that using blockchain as a secure information management system could improve the integration of prefabrication supply systems by producing a collaborative atmosphere amongst the organisations involved.

Keywords: prefabrication; supply chain; blockchain; information integration; New Zealand (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecoman:v:14:y:2022:i:1:p:103-112:n:3

DOI: 10.2478/emj-2022-0009

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