OUR AMBITION
BUILD TRUST has the ambition of making all information in the entire value chain of the Construction Industry
available on a permissioned Blockchain, thus unleashing a huge number of use cases and applications
ranging from real-time project control and monitoring, instant quantity production and quality control tracking,
real-time financial tracking, payment and transaction transparency,
to worker and community safety and overall project sustainability.

This will significantly improve the overall efficiency and effectiveness of the entire industry for all.
In this way all the participants of the Construction Ecosystem will have access
to a trusted and immutable source of information that they individually
and collectively need to successfully execute and complete their obligations.

What are the problems we want to solve?

The Construction Industry, with its complexity, is showing a significant delay compared to many other business sectors with regards to automation and productivity improvement.
As a consequence the profitability of the companies acting in this area of business are adversely affected.

What are the reasons as to why these problems exist?

The origin of the problems finds its roots in the difficult definition of a sound value of each project, so that the awarding process is based on the minimum price ratio. In this way projects are driven inevitably towards schedule delays and rising costs because of unknown and underestimated risk and variations.

Why nobody has been able to solve such problems?

The contraposition of owners and purchasers looking for the minimum price and the competition among the contractors and suppliers aiming to obtain contracts primarily on low cost alone, is an obstacle to the adoption of transparent and rational criteria to recognize the right value of a project.

“Success depends on previous preparation,
and without such preparation there is sure to be failure.”

CONFUCIO