CONCERT’s Post

Bridging the Gap to Circular Construction The construction industry has the potential to transform into a model of sustainability through circular economy (CE) principles, reducing waste and maximizing resource efficiency. Central to this transformation are robust data management practices and innovative technologies like blockchain. While the promise is clear, the path forward is obstructed by significant challenges that must be addressed to unlock the full potential of circularity. First, data management remains a critical barrier. According to recent studies, a mere 5% of the information handed over to clients in construction projects is accurate. This level of mismanagement undermines trust, complicates material tracking and hinders the ability to reuse or recycle materials effectively. Without reliable data, the industry's shift toward CE practices remains stalled. Blockchain offers a solution for validating and tracing project data across the supply chain. Its potential to ensure data integrity is unmatched, but implementation costs and complexity present formidable obstacles. Current blockchain systems are often too expensive and technically demanding for widespread adoption, particularly for smaller firms that lack the resources to integrate such solutions into their workflows. The road ahead requires practical solutions to these challenges. By prioritizing accessible data management technologies and making blockchain more affordable and user-friendly, the construction industry can take meaningful steps toward circularity. Overcoming these barriers is essential to reshaping the industry into one that is not only efficient but also sustainable for future generations. https://loom.ly/lw1gfUI #architecture #construction #sustainability

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