BuildSort Description

BuildSort fosters openness, transparency, and trust among all participants within the construction supply chain. Designed to equip the $10 trillion global building and construction sector with decentralized and efficient solutions, BuildSort seeks to simplify the planning and construction phases. The approval workflow for construction initiatives often encounters challenges, leading to delays caused by administrative mistakes, oversights, bureaucratic red tape, and additional expenses from resubmission fees, holding costs, and governmental administration. By utilizing a distributed ledger, the involvement of all stakeholders is documented, guaranteeing the integrity and traceability of all records. This ensures that project information remains accurate, comprehensive, and adheres to relevant policies, standards, and regulations. Furthermore, smart contracts automate and expedite the building and approval procedures, enhancing overall efficiency. The incorporation of hybrid blockchain technology enables secure peer-to-peer transactions while preserving project confidentiality, thereby revolutionizing how construction projects are managed and executed. This innovative approach not only addresses existing inefficiencies but also paves the way for a more sustainable future in construction.

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Company Details

Company:
BuildSort
Year Founded:
2018
Headquarters:
Australia
Website:
buildsort.com

Media

BuildSort Screenshot 1
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