Blockchain has the potential to transform the built environment by building a new foundation for machines and humans to interact and transact with each other. For the built environment sector, blockchain technologies have not yet been transformational, but early use cases are showing real potential.
Blockchain technology enables new forms of cooperation and interactions between millions of people. As our cities expand rapidly, blockchain technology could help to solve the challenges of ageing populations, urbanisation and climate change.
This report examines applications of blockchain technology within five key markets of the built environment: cities, energy, property, transport and water. It provides a review of the opportunities, challenges and emerging case studies of blockchain technology, informed by conversations with experts across industry and academia.