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Why Blockchain Could Transform the Construction Industry
Here's the thing: construction has a serious trust problem. Decades of opacity have left homeowners vulnerable to exactly the kind of fraud that tanks entire projects—diluted materials, falsified test reports, you name it.
The damage? Billions eaten up annually. Contractors cut corners, suppliers fake certifications, and nobody really knows what's actually going into a building until something goes catastrophically wrong.
Blockchain changes this equation completely. Immutable records mean every material batch, every test result, every approval gets permanently logged and verified. Homebuyers get actual transparency instead of just crossing their fingers.
This isn't theoretical. When you can trace concrete composition or steel certification back to source on an unchangeable ledger, fraud becomes exponentially harder to pull off. Trust gets rebuilt through cryptographic proof, not promises.
The construction industry's golden opportunity is right there—leverage distributed ledgers to eliminate the opacity that's cost it credibility and billions in losses.