Big Data, Blockchain and the Arriva l of the Sma rt Orga nization Connecting Pa rties, Systems a nd Devices
Mission: Digitize the Const Mission: Digitize the Construction ruction Supply Chain Supply Chain Brickschain ingests, manages and interprets construction and real estate data. It connects companies, software and devices in real time– all in the effort to improve productivity, reduce risks and ensuring projects end on time and on budget.
Bassem Hamdy Bassem Hamdy CEO / Co CEO / Co -Founder Founder
Agenda: Agenda: 1. 1. Current State of Integration Between Parties in Construction Current State of Integration Between Parties in Construction 2. 2. Challenges Around Integration Challenges Around Integration 3. 3. The Brickschain Method for Connecting parties, systems and The Brickschain Method for Connecting parties, systems and devices devices 4. 4. Live Examples Live Examples Across Parties, Systems and Devices
Who is Brickschain Who is Brickschain First company to market with a blockchain built for construction and capital projects First company to find product market fit
Certified: Certified: 1. Delays in Claims Discovery 2. Schedule & Cost Overrun 3. Ability to Prove Impact Costs 4. Over and Under Payment 5. Loss in Productivity (construction) 6. Warranty
The Built World: The Built World: The Most The Most Complex Supply Chain Complex Supply Chain
Complex Supply Chain Complex Supply Chain LINEAR NON LINEAR NON -LINEAR LINEAR
Current State of Solving the Integration Ga p
Data Handover: Email and Data Handover: Email and PDF PDF If construction was a relay team we would finish dead la If construction was a relay team we would finish dead last. st. Data is generally made into PDFs or Emails and stored i Data is generally made into PDFs or Emails and stored in n multiple locations. multiple locations. Example:
Data received by Data received by Owner receives Owner receives GC, GC, Question asked Question asked And tries to And tries to Reviewed and Reviewed and by by answer answer questions updated questions updated Subcontractor Subcontractor Data entered or Data entered into Enter into imported into GC Forwarded to Owner’s doc Forwarded to Word, made into a Engineer PM system - management Consultant PDF and emailed (entered again) Intelligent email system to GC PM sent to Owner If Question = Data and Attachments = Data If Question = Data and Attachments = Data Data now exists in at least 5 different silos Data now exists in at least 5 different silos If the Question is Changed or an attachment needs updating, all systems need to be coordinated again
If Question = Data and Attachments = Data If Question = Data and Attachments = Data Data now exists in at least 5 Data now exists in at least 5 different silos different silos If the Question is Changed or an attachment needs updating, all systems need to be coordinated again
Data received by PM, Data received by PM, Reviewed and Reviewed and Question asked Question asked Owner receives Owner receives questions updated questions updated by Subcontractor by Subcontractor intelligent email intelligent email Data Lineage Break Data Lineage Break Data Lineage Break Data Lineage Break Data entered into Data entered or Enter into Word or eSub, imported into GC Forwa rded to Owner’s doc Forwarded to Engineer made into a PDF PM system - ma na gement Consulta nt (entered a ga in) and emailed to GC Intelligent email system PM sent to Owner How many systems need to be updated when answered How many systems need to be updated wh en answered
ALL PEOPLE ARE UPDATED IN DIFFERENT WAYS AND DATA ALL PEOPLE ARE UPDATED IN DIFFERENT WAYS AND DATA IS UPDATED AT DIFFERENT TIMES IN EACH SOLUTION IS UPDATED AT DIFFERENT TIMES IN EACH SOLUTION EVERYONE GETS OUT OF EVERYONE GETS OUT OF SYNC SYNC
Sledge Hammer Solution Sledge Hammer Solution Everyone use MY system! Everyone use MY system!
Some of you may have seen this Some of you may have seen this Data goes to the ledger first, then to the corresponding pl Data goes to the ledger first, then to the corresponding player ayer A/E A/E GC GC Brickschain Brickschain Brickschain Brickschain Node Node Node Node Owner Owner SCs SCs Brickschain Brickschain Brickschain Brickschain Node Node Node Node Shared Shared Ledger Ledger Regulators Regulators Product and Product and Brickschain Brickschain Brickschain Brickschain eg. Insurance eg. Insurance Fabricators Fabricators Node Node Node Node
Blockchain, Machine Learning, AI and IoT for the Blockchain, Machine Learning, AI and IoT for the Built Environment. Built Environment. Brickschain ingests, manages and interprets construction and real estate data. It connects companies, software and devices in real time – all in the effort to improve productivity, reduce risks and ensuring projects end on time and on budget.
About About How does Brickschain How does Brickschain work? work? Data Data Data Data Data Data Collection Collection Normalization Normalization Longevity Longevity Preserve Preserve Innovate Innovate Collate Collate Not all data is created equal. Everything in Brickschain is im m utable Brickschain helps to source and organize all of the data within Brickschain is the com municative thanks to blockchain technology. All tissue between third party systems, parties have their own version of the your organization’s workflows, from project management and ensures everyone speaks the truth, forever. No single point of sam e language in a large project. failure m eans data is secure. software to email.
About About Blockcha Blockcha in in Power Power tools. tools. Machine Machine These are the building IoT IoT Learning Learning blocks of Brickschain Brickschain , and when com bined these tools give you powerful insight. APIs APIs
About About The more, the The more, the better better Brickschain’s power comes from its ability to speak with dozens of project management software programs and IoT devices. Brickschain allows a CMiC program to speak to Procore, and facilitates massive savings in paperwork and double data entry in the process.
Use cases Use cases Brickschain reads industry documents Brickschain reads industry documents
Use cases Use cases Brickschain connects and runs smart devi Brickschain connects and runs smart devices ces
Use cases Use cases Predictive Analysis: predict mold growth Predictive Analysis: predict mold growth in a building in a building Based on real data. Saves companies money and averts disaster.
Use cases Use cases Transparency in Fabrication and Procur Transparency in Fabrication and Procurement ement 85% of companies say they have no transparency in the Procurement and Manufacturing Process on a project. Brickschain tracks the submittal schedule in real time across all parties.
Use cases Use cases Advanced Asset Tracking and Manageme Advanced Asset Tracking and Management nt Tracking assets by room and location provide transparency to total cost of ownership, warranty repairs and tracks recalled product to keep your projects and buildings safe.
Use cases Use cases Connects internal and external systems Connects internal and external systems effortlessly effortlessly Whether connecting an accounting and project management system in your company or gluing together multiple accounting systems across companies for Joint Ventures, Brickschain connects all software and cloud environments.
Use cases Use cases Connects material and labor on bridge a Connects material and labor on bridge and road nd road projects projects Brickschain tracks manufacturing of aggregate, material delivery, and installation. Any cracks can be tracked to location and material batch.
Industries served Industries served Commercial Commercial Multi Multi -family and family and Oil and Gas Oil and Gas Construction Construction Residential Residential Healthcare Healthcare Retail Retail Heavy Industrial Heavy Industrial Bridge and Roads Bridge and Roads
Own Your Data Own Your Data Collaborate and share data Collaborate and share data 04 01 safely safely If a building is sold, the ledger can be easily transferred. Owners will have a There’s no double entry with Brickschain. living, breathing database for the Input into a project management system provenance of every item in their building. is automatically reflected on the blockchain. Immutable security on the Immutable security on the Move data from cloud Move data from cloud 02 03 blockchain blockchain environments effortlessly environments effortlessly An immutable ledger is created for the Inputs are registered on the blockchain in current and future owners of a building. The real-time, and from all platforms, history of every action is maintained including email, Slack, Dropbox and forever. Google.
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