Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and Claims

One of the main challenges faced by economies around the world is digital transformation. However, due to the large number of participants in single construction projects, the centralisation of authority, poor contract administration, lack of database and system interoperability, the construction in...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: ALJEWAIR, TAMIM SALEH (author)
منشور في: 2023
الموضوعات:
الوصول للمادة أونلاين:https://bspace.buid.ac.ae/handle/1234/2664
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author ALJEWAIR, TAMIM SALEH
author_facet ALJEWAIR, TAMIM SALEH
author_role author
dc.contributor.none.fl_str_mv Dr Christina Lienen
dc.creator.none.fl_str_mv ALJEWAIR, TAMIM SALEH
dc.date.none.fl_str_mv 2023-12
2024-07-25T10:45:44Z
2024-07-25T10:45:44Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 21002692
https://bspace.buid.ac.ae/handle/1234/2664
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai (BUiD)
dc.subject.none.fl_str_mv blockchain technology, smart contracts, advantages, disadvantages, FIDIC Red Book, claims, disputes, UAE construction industry, construction technology, challenges
dc.title.none.fl_str_mv Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and Claims
dc.type.none.fl_str_mv Dissertation
description One of the main challenges faced by economies around the world is digital transformation. However, due to the large number of participants in single construction projects, the centralisation of authority, poor contract administration, lack of database and system interoperability, the construction industry has been unable to digitise, leading to delays and cost overruns, and disputes. The dissertation aims to explore and investigate the benefits of utilizing blockchain technology in construction contract administration, claim, and dispute management processes in depth, to decrease the number of disputes and claims, and to improve the efficiency, and overall productivity of the UAE construction industry. Further, the dissertation provides common causes of construction claims, and disputes, opportunities in implementation, functionalities of blockchain and smart contracts, adoption and adaptation guide, while observing other industries’ applications. Blockchain distributed structure provides a transparent, secure, and a private communication channel, thus establishing trust among contracting parties. Decentralisation supports document management, claim submissions, and automation of payments. Self-execution and enforcement of blockchain based smart contracts ensures compliance with contract provisions, claim process, procedure, and dispute mechanism. Through utilizing blockchain technology, most processes can be streamlined and automated, thereby ensuring compliance and reducing causes of dispute. In order to develop the dissertation, and answer the research questions, a qualitative research approach is employed, associated with literature from different sources. A thematic analysis strategy has been used combined with deductive reasoning of secondary data to validate or reject the hypothesis.
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publisher.none.fl_str_mv The British University in Dubai (BUiD)
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spelling Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and ClaimsALJEWAIR, TAMIM SALEHblockchain technology, smart contracts, advantages, disadvantages, FIDIC Red Book, claims, disputes, UAE construction industry, construction technology, challengesOne of the main challenges faced by economies around the world is digital transformation. However, due to the large number of participants in single construction projects, the centralisation of authority, poor contract administration, lack of database and system interoperability, the construction industry has been unable to digitise, leading to delays and cost overruns, and disputes. The dissertation aims to explore and investigate the benefits of utilizing blockchain technology in construction contract administration, claim, and dispute management processes in depth, to decrease the number of disputes and claims, and to improve the efficiency, and overall productivity of the UAE construction industry. Further, the dissertation provides common causes of construction claims, and disputes, opportunities in implementation, functionalities of blockchain and smart contracts, adoption and adaptation guide, while observing other industries’ applications. Blockchain distributed structure provides a transparent, secure, and a private communication channel, thus establishing trust among contracting parties. Decentralisation supports document management, claim submissions, and automation of payments. Self-execution and enforcement of blockchain based smart contracts ensures compliance with contract provisions, claim process, procedure, and dispute mechanism. Through utilizing blockchain technology, most processes can be streamlined and automated, thereby ensuring compliance and reducing causes of dispute. In order to develop the dissertation, and answer the research questions, a qualitative research approach is employed, associated with literature from different sources. A thematic analysis strategy has been used combined with deductive reasoning of secondary data to validate or reject the hypothesis.The British University in Dubai (BUiD)Dr Christina Lienen2024-07-25T10:45:44Z2024-07-25T10:45:44Z2023-12Dissertationapplication/pdf21002692https://bspace.buid.ac.ae/handle/1234/2664enoai:bspace.buid.ac.ae:1234/26642024-07-25T23:00:36Z
spellingShingle Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and Claims
ALJEWAIR, TAMIM SALEH
blockchain technology, smart contracts, advantages, disadvantages, FIDIC Red Book, claims, disputes, UAE construction industry, construction technology, challenges
title Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and Claims
title_full Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and Claims
title_fullStr Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and Claims
title_full_unstemmed Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and Claims
title_short Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and Claims
title_sort Utilizing Blockchain Technology in the UAE’s Construction Industry: Contract Administration and Management of Disputes and Claims
topic blockchain technology, smart contracts, advantages, disadvantages, FIDIC Red Book, claims, disputes, UAE construction industry, construction technology, challenges
url https://bspace.buid.ac.ae/handle/1234/2664