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A Blockchain and Proxy Re-encryption-based Framework for Construction Cost Information Management

  • Hao Liu
  • , Moumita Das
  • , Xingyu Tao
  • , Shanjing Zhou
  • , Jack C.P. Cheng

Research output: Chapter in book / Conference proceedingChapter in an edited book (as author)Academic researchpeer-review

Abstract

Due to the possibility of data tampering in a centralized paradigm, current cost information management platforms are concerned with data accountability (i.e., data integrity and traceability). Blockchain is a promising technology that offers decentralized data storage with immutable and traceable data. However, the blockchain's transparency contradicts the cost data's requirement of confidentiality. In order to maintain accountability and confidentiality of construction cost information, this study provides a new approach based on blockchain and proxy re-encryption (PRE), including a cost data model for blockchain recording and a PRE-based method for cost data access management among project members. An illustrative scenario is used to show the feasibility of the proposed approach in securing construction cost information.

Original languageEnglish
Title of host publicationLecture Notes in Operations Research
PublisherSpringer Nature
Pages1671-1679
Number of pages9
DOIs
Publication statusPublished - Nov 2024

Publication series

NameLecture Notes in Operations Research
VolumePart F4842
ISSN (Print)2731-040X
ISSN (Electronic)2731-0418

Keywords

  • Blockchain
  • Construction cost management
  • Proxy re-encryption (PRE)

ASJC Scopus subject areas

  • Management Science and Operations Research
  • Statistics, Probability and Uncertainty
  • Applied Mathematics
  • Control and Optimization

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