Category: Finance

Gamifying Infrastructure: Why the Future for Bridging the Infrastructure Funding Gap Could be Crossed on the Blockchain

It’s been quiet around here lately thanks to some demands around the AEC Labs home office, but we’re happy to be back and have some great content and initiatives planned around here in 2019, so I hope you will stick with us! As some of you may know, I spent a lot of time last fall thinking about how blockchain technology could apply to the construction industry. In the course of working through that effort, I also found myself increasingly thinking more specifically about how a blockchain solution or protocol (but not necessarily a standalone cryptocurrency) could help bridge the $3.5 trillion infrastructure funding gap (for maintenance on existing infrastructure alone!) through 2025. And, with infrastructure getting a single mention 55 minutes into this week’s State of the Union Address, I think it remains timely to consider how the country can possibly bridge that gap.

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With AEC Industry Spending on Upswing, Fintech is Investing in Construction Lending Startups

Did you know that 85 percent of payments made by builders to subcontractors are paper-based? As the economy continues to improve, construction spending is ramping up and financial institutions are taking note, implementing new technologies designed to speed up and streamline the construction loan process – a notoriously difficult, mostly manual and paper-based process with lots of room for improvement.

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Thai Real Estate Developer to Invest $47M in Construction and Prop Tech Startups

Sansari Plc, one of the largest real estate developers in Thailand, has announced that its investment arm will deploy $47 million over the next three years in real estate and construction industry technology startups. Notable standing on its own, for sure, but what does this mean for the construction and prop tech investment climate more generally? We dive deeper into that question in this article.

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