Jens Hunhevicz successfully defended his doctoral dissertation on 22 April 2022
The Chair of Innovative and Industrial Construction congratulates Jens Hunhevicz to successfully defending his doctoral dissertation entitled “Exploring the Potential of Blockchain and Cryptoeconomics for the Construction Industry”.
Overall, the thesis outlines and investigates blockchain as a technology to enable in the long run new forms of incentives and organization in the construction industry using smart contracts to encode institutional coordination. It extends the state of the art research on blockchain for construction management both with novel theoretical work and proof of concepts.
First, the thesis assesses the need for blockchain by matching technical capabilities of blockchain with proposed use cases in the construction industry1. Moreover, it outlines how cryptoeconomic mechanisms align with the overall industry structure, and conceptualizes how they can be applied to collaborative project deliveries trough a lens of Common Pool Resource theory2.
Second, the prototypes demonstrate new possibilities for blockchain-based cross-phase and cross-trade incentive mechanisms3, but also aspects of cryptoeconomic mechanisms for economic machine participation with no1s1 - a self-owning house4.
1https://www.research-collection.ethz.ch/handle/20.500.11850/411512
2https://www.research-collection.ethz.ch/handle/20.500.11850/452056 (journal publication forthcoming)
3https://www.research-collection.ethz.ch/handle/20.500.11850/509291
4https://www.research-collection.ethz.ch/handle/20.500.11850/504485
The Chair of Innovative and Industrial Construction has two main research focuses: Governance of Integrated and Lean Project Delivery as well as Industrialized Construction. For more information visit our webpage.