In 2008, a seemingly modest proposal was made to make secure electronic cash transactions directly between interested parties. Called Bitcoin, it is now a worldwide phenomenon with the potential to disrupt money as we know it. But what exactly is Bitcoin and why should we in the AEC technology industry care about it?
In this article, Jim Forester, a long-time AEC technology veteran and enthusiast, attempts to shed some light on the underlying concepts of Bitcoin technology, Blockchain, and how it is immediately applicable to many aspects of built environment projects as well as the BIM technologies used to realize them.
