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.
BUSINESS ECOSYSTEM
The Construction Industry ecosystem is an example of complexity because of the number of actors participating and the wideness of all interests to be defended. Sharing data and records within a safe and reliable repository digital entity allows the transparent combination and regulation of all contributions from each participant.
LOGICAL ARCHITECTURE
THE COMPANY
WHERE WE COME FROM
The Build Trust idea was born on the experience gained in over 50 years industrial activity for designing and manufacturing construction automated equipment which have been adopted within the most important infrastructural projects of the world, in combination with the know how of very valuable project managers who have directed the construction of the same projects, as well as the knowledge of digital experts who are driving the information technology revolution in the area of BIM – IoT – Blockchain.
The mission is to “illuminate” the construction industry thanks to virtual modelling and planning, together with transparent data sharing.