Exploration of challenges to deployment of blockchain in small construction projects

Abstract

Blockchain technology provides a decentralized way of handling the data and supports the construction project's sustainability and performance. Small construction projects in Malaysia always need help adopting new technology like blockchain. This research aimed to investigate the challenges affecting the implementation of blockchain technology in small construction projects in Malaysia. The study examined Malaysian minor construction project blockchain implementation issues. A total of 17 challenges were found significant in affecting the implementation of Blockchain technology in small construction projects in Malaysia. Five constructs were seen: technological barriers, work environment barriers, economic and planning barriers, operational barriers, and privacy and regulation barriers. Structural equation modeling and these structures create a blockchain implementation model for modest building projects. The model's validity, dependability, and forecast accuracy for all obstacles and their potential influence on blockchain deployment in small construction projects in Malaysia are substantial. The model also has good convergent and discriminant validity, supporting it. Blockchain use in Malaysian small building projects could be improved mainly through economic and planning issues. The present study needs to highlight the Malaysian small construction sector's essential obstacles in integrating blocks and technology that are the basis for more creative technologies. This research will help the Malaysian construction sector concentrate on improvements and assess the effect of blockchain on modest projects.