What is the potential value of tokens and token engineering for the architecture, engineering, and construction industry? A positional paper
Paper in proceeding, 2023

What is the value of tokens for blockchain applications in Architecture, Engineering, and Construction (AEC)? How can token engineering be contextualized in AEC? This positional paper instigates the tackling of these largely unexplored questions. Following a literature review and a visiting of token engineering fundamentals, the paper’s position is that tokens can indeed hold potential value for AEC. This value can be direct, utilitarian, security-related, and/or pegged, and reflected in technical and economic terms. For this value to be realized, the token must be systematically embedded in the AEC ecosystem – therefore dependent on sociotechnical parameters in AEC.

decentralization

token engineering

Blockchain

cryptoeconomic models

token

Author

Dimosthenis Kifokeris

Chalmers, Architecture and Civil Engineering, Building Design

Theodore Dounas

University of Antwerp

Algan Tezel

University of Nottingham

Sungkon Moon

Ajou University

Proceedings of the European Conference on Computing in Construction

26841150 (eISSN)


978-0-701702-73-1 (ISBN)

2023 European Conference on Computing in Construction and Summer School 2023 CIB W78 40th International Conference and Charles M. Eastman PhD Award
Heraklion, Greece,

Subject Categories

Computer Engineering

Construction Management

DOI

10.35490/EC3.2023.304

More information

Latest update

1/3/2024 9