Property Investment Management Collaboration Digital Platform - A Proposed Blockchain Solution
Keywords:
Construction industry, Investment management, Digital platform, Blockchain, Efficiency, Transparency, SustainabilityAbstract
In this paper, we propose a way to design a digital platform as a solution concept specifically created to serve as the foundation for the development and ongoing enhancement of tools that streamline and accelerate the management of investment project. Particularly, we present PIMCOD, a blockchain-driven Property Investment Management Collaboration Platform aimed at improving civil engineering investment projects. Leveraging blockchain, PIMCOD offers secure, real-time highly transparent project management with cryptographic security features. It represents a transformative approach to civil engineering project management, distinguishing itself from traditional solutions. In response to evolving technological landscapes, PIMCOD －an implementation of our solution concept, streamlines processes, enhances efficiency, and reduces costs. Future plans include tokenization, IoT, AR/VR, different monitoring technologies, extended BIM, analytics, mobile apps, and supply chain enhancements.
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