Lee Michael Youngson
Invoice smart contracts for design SMEs.
Youngson, Lee Michael; Dounas, Theodoros
Authors
Theodoros Dounas
Contributors
Daniel M. Hall
Editor
Athanasios Chassiakos
Editor
James O'Donnell
Editor
Dragana Nikolic
Editor
Yiannis Xenides
Editor
Abstract
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 Smart 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.
Citation
YOUNGSON, L.M. and DOUNAS, T. 2021. Invoice smart contracts for design SMEs. In Hall, D.M., Chassiakos, A., O'Donnell, J., Nikolic, D. and Xenides, Y. (eds.) Proceedings of the 2021 Conference of European Council on computing in construction (EC3 2021), 26-28 July 2021, [virtual event]. Zurich: European Council for Computing in Construction [online], pages 2-10. Available from: https://doi.org/10.35490/EC3.2021.173
Presentation Conference Type | Conference Paper (published) |
---|---|
Conference Name | 2021 European conference on computing in construction (2021 EC3) |
Start Date | Jul 26, 2021 |
End Date | Jul 28, 2021 |
Acceptance Date | Mar 1, 2021 |
Online Publication Date | Dec 31, 2021 |
Publication Date | Dec 31, 2021 |
Deposit Date | May 14, 2024 |
Publicly Available Date | May 14, 2024 |
Publisher | European Council on Computing in Construction |
Peer Reviewed | Peer Reviewed |
Pages | 2-9 |
Series Title | Proceedings of the European conference on computing in construction |
Series ISSN | 2684-1150 |
ISBN | 9783907234549 |
DOI | https://doi.org/10.35490/EC3.2021.173 |
Keywords | Blockchain technology; Cryptocurrency; Smart contracts; Design SMEs |
Public URL | https://rgu-repository.worktribe.com/output/2159138 |
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