Botao Zhong

Practical Applications Blockchain technology is a promising solution to improve data security, visibility, and traceability in the construction industry. Contractor firms in a competitive market may face a trade-off between the potential benefits and the additional cost of implementing blockchains. Whereas existing studies have predominantly focused on technical implementations, the strategic implications of blockchain adoption remain underexplored.

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Abstract The construction industry is becoming increasingly interested in blockchains, and relevant publications have blossomed in recent years. This study provided a state-of-the-art review of blockchain research in the industry in order to better comprehend the fast-evolving technology. A systematic method integrating quantitative and qualitative analyses was used to capture the research status, challenges, and future directions based on 141 publications published between 2017 and 2021.