Invoice Smart Contracts for Design SMEs

Lee Michael Youngson, Theodoros Dounas
2021 Proceedings of the 2021 European Conference on Computing in Construction   unpublished
In recent years, Blockchain technology has evolved from its original application in cryptocurrency and can now be used for applications such as Smart Contracts. Smart Contracts automatically excecute transactions without the need for a central authority however there are very few use cases of the technology, particularly amongst UK AEC Design SMEs. This paper uses a hybrid method approach which combines questionnaires with semistructured interviews to create a framework which showcases how a
more » ... rt Contract invoicing process could work for Design SMEs. This could create an automated invoicing process which is more efficient and reduces the risk of late or non-paymnet.
doi:10.35490/ec3.2021.173 fatcat:brcabfvn5rbvlm62ro3zsxntj4