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Risk Assessment of Housing Reconstruction Projects Using Private Blockchain Technology: A Conceptual Model

조현범 1 김기평 2 김수민 3

1남호주대학교 경영대
2남호주대학교 공과대
3남호주대하교 경영대

Accredited

ABSTRACT

Access to the information required for risk assessments of housing reconstruction projects is often complicated and time-consuming. This may lead to several issues with delivering housing reconstruction projects such as breach of duty and embezzlement while building occupants’ actual needs and preferences are easily neglected. To address this, this research proposes a conceptual model based on a private blockchain platform and its Proof of Authority algorithm. To do this, a co-design method involving multiple construction and property experts was utilized. The proposed model shows its applicability and potential scalability to better manage critical information for housing reconstruction projects. Encouraging the active participation of certified workers and verifiers in trusted networks is believed to be the critical success factor of the proposed model. This informs regulators that promoting the unique benefits of established blockchain-based networks as well as “leading by example” should be prioritized

Citation status

* References for papers published after 2022 are currently being built.