Blockchain enabled asset management in the case of X-Decks

Cooperation enhanced by decentralization in the building industry

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Abstract

The building industry is characterized by the creation of organizational silos. These silos are causing frictions and inefficiencies on an operational, financial and managerial level. The following research is approaching these silos within the case of X-Decks, a temporary and circular parking project, and the means of blockchain technology.
The thesis is a contribution to the current theoretical and practical research gap on blockchain technology in the built environment and its potential in in an early adoption phase. By targeting traditional structures in the building and parking industry, it is necessary to innovate current means to develop, construct, manage, operate, maintain and reuse parking buildings. An in-depth evaluation of blockchain technology with potential stakeholders of the X-Decks case is used to derive an asset management framework and blockchain prototype that aim to change traditional hierarchical processes into more coequal and transparent ones.