The Nigerian building industry is plagued with numerous difficulties. One of such difficulties is the timely execution of projects. There is the need to minimize these risks as much as possible as this will improve the delivery of building projects in the industry. One of the best ways to do this is by improving collaboration and information sharing between all the professionals who work on a project through the use of distributed ledger technology (blockchain technology). Distributed ledger technology is described as a type of distributed ledger data structure that transmits and stores data in units known as blocks that are linked together by a virtual chain known as a "block chain. Blockchain technology is a peer-to-peer, controlled, distributed transactional database used to record and store lists of transactions (called blocks) that are verified through cryptography. The objective of the study is to show how blockchain can be used as a tool for improving collaboration among construction project managers in Nigeria. The study is qualitative in nature adopting a content analysis research methodology approach. Therefore, information for the study will be obtained from industry reports and reviews of academic papers from 2017 to 2022. The study revealed that blockchain technology can be used to improve knowledge sharing, collaboration, trust and transparency among construction project managers. It recommends that apart from changing its working culture. In conclusion, continuous professional development is a key component that will boost collaboration amongst construction personnel.
24/7 Support
+234(0)8131007386