/biz/ - Business & Finance

>>8836947
Not one mention of chainlink. Larpers btfo

>>8837811
>Smart contracts

>>8836947
You have to be logged in to read it. post whatever text is important please

>content is locked

1/

>The move towards BIM
Our industry’s adoption of BIM has necessitated that we make fundamental changes to the way we work. Architectural, engineering, construction (AEC) and facilities management (FM) professionals are now required to come together in a collaborative effort to create a precise digital representation of a built asset that grows and changes as it ages.

BIM applications and benefits
The data created via BIM can be used to illustrate a built asset’s entire lifecycle – from conception to use and on through demolition to reclamation and reuse. BIM can be applied to just about any element within the built environment, including:

Architecture and building design
Geographic surveying and landscaping
Infrastructure – roads, rail, tunnels, mass transportation systems
Civil and structural
Mechanical and electrical
Facilities and asset management
Urban planning and design

The benefits of BIM are well documented, but for refreshing’s sake, we’ll list some of them here:

Improved collaboration
Reduced rework and duplication
Automated clash detection
Better visualisation through simulation
Improved sequencing
Customisable level of detail for reporting
Superior presentation
Access from anywhere on any device

Managing the information
The wealth of information that is generated by BIM must not only be digitally managed, the digital environment in which it resides must also be managed. That means securing that information and protecting those who have created and/or own it must be interwoven into every stage. To understand what that entails, we must first understand both what cybersecurity is and the space to which it applies.

https://www.bimcommunity.com/news/load/652/blockchain-could-hold-the-key-to-unlocking-bim-level-3

>The implications of the technology for construction are far-reaching, potentially enabling trustless smart contracts that automatically pay out when certain criteria are met, or even creating a market for construction information.

2/

>Defining cyber space
We’ll start by defining the space in which the work is created, held, interacted with, communicated with and about, etc. This cyber environment encompasses not only the (non-physical) terrain created by our computer systems and networks, but the objects that exist within that terrain and the different ways we interact with those objects.

Traditionally, much of our work-related cyber environment has been contained. While we use email to interact with outside entities, the bulk of what we create is housed within a closed, secured network until such time as we choose to release, share or publish it. With BIM, a common data environment (CDE) is introduced and our network is widened exponentially. Our work in progress – and the information related to it – is stored on remote servers and accessed via the cloud. This method of working, while integral to BIM, creates a whole new set of security concerns that need to be addressed. The process of addressing those concerns is commonly called cybersecurity.

Defining cybersecurity
So, what is cybersecurity? Well, it depends upon who you ask. According to the Internet Society, the term cybersecurity is a catchword that is “frighteningly inexact” (Internet Society, Some Perspectives on Cybersecurity: 2012). There is certainly some truth to that; the term can and does stand for a wide variety of security concerns that may or may not apply to us. That being said, there is one oft-used definition that applies perfectly. This is the definition created by the ITU-T: [Cybersecurity is] “the collection of tools, policies, security concepts, security safeguards, guidelines, risk management approaches, actions, training, best practices, assurance and technologies that can be used to protect the cyber environment and organisation and users’ assets”.

3/

BIM-associated risks
BIM is highly collaborative and with increased collaboration there comes increased risk relating to issues such as transparency, open sharing, detailed modelling, and centrally storing large amounts of data. The result is increased vulnerability prompting the need for suitable control measures. There is also the risk to the data itself. Sensitive information about assets and systems are opened to exploitation. For instance, the knowledge of the precise location of a secure facility’s CCTV cameras or the ability to explore a model to exploit vulnerabilities.

While documents like PAS 1192:2015 and PAS 185:2017 help to address these issues, they don’t provide a comprehensive solution. Therefore, it is our responsibility to continue to explore new technologies and see if and how they can be constructively applied to BIM. Currently, one of those technologies is the blockchain.

The blockchain and BIM
The blockchain is basically a network of information stored across multiple nodes. Information held within the blockchain exists as a shared database that continuously reconciles itself. The most well-known application of blockchain technology is Bitcoin; however, blockchain is a whole lot more than just cryptocurrency. When applied to BIM, blockchain technology can not only help address security concerns, it can also facilitate real time collaboration and resolve some of the problems inherent to our current ways of working, like legal disputes and lack of transparency in the supply chain.

4/

Collaboration – then and now
The traditional way
As a former proposal writer, I’ve spent a lot of time working with large, collaborative documents. The process of bringing together information from multiple authors and subject matter experts (known as SMEs in the writing/editing world) was awkward and time-consuming. There were two primary methods of work.

One was where a main digital document would be created and then made available to the team, who would each make their own additions and revisions. The problem with this method was that only one person could work on the document at any given time, everyone else was locked out until that person was finished. This made the process extremely time-consuming, and it opened the project up to a wealth of problems including information clashes.

The other method was to have one central person maintain ownership and control of the primary document while others fed into the creation process by providing expert information. This method meant that the information was decentralised and owned by a specific party, and those feeding into the project lost a level of control once the information left their hands. While clash detection was improved, there were other inherent problems, like revision control.

In both cases, the full proposal is only as safe as the people individually handling it, the storage system housing it, and the way the information is controlled and managed. Proposals are highly-sensitive, so exploitation and information leaks are always a concern. As you can see, both methods contain processes, outcomes and concerns that mimic the design and construction process – with multiple entities contributing vital information to a central idea that results in the creation of an important asset. Keeping that information secure is vital, as is ensuring that the information is free from error.

5/

The blockchain way
Blockchain works in a way that allows information to be added from multiple parties in various locations all at the same time, with that information constantly being updated and reconciled. Because the information isn’t stored in any single location, blockchain ensures that the information is secured, always accessible and easily verified. Key benefits of applying blockchain technology to a project include:

The information is decentralised.
No one entity controls the information at any point. It is truly a collaborative piece that updates in real time.
It is transparent, with all invested parties being privy to all of the information all of the time.
It doesn’t have a single point of failure. There is no risk of a system going down and information being lost or destroyed as a result.
It is highly secure. The very nature of a blockchain makes it virtually impossible for hackers to corrupt or exploit. To do so would require compromising the whole network, which would require an enormous amount of computing power.
Additional benefits
In addition to the security benefits inherent to blockchain technology, there are also other benefits that are particularly relevant to the construction industry. These includes:

Smart contracts
Smart contracts are basically programs that secure, execute and enforce agreements between entities. For our industry, the adoption of smart contracts could help eliminate some of the bigger problems inherent to construction; for instance, reducing time and money spent on resolving legal disputes and claims. It would also assist in our move away from silo working and towards collaboration, something that is imperative for BIM adoption and industry advancement.

Supply chains
Blockchain can also help address efficiency and transparency in our supply chains by moving us away from traditional paperwork and towards adopting secured digital ledgers that allow real-time tracking of material flow as well as contracts and payments.

Disadvantages
While there are documented disadvantages to blockchain in regards to cryptocurrency, at the moment, we’re in the early exploration stage with BIM. As we move forward with the technology, we’ll become better able to address some of the application-specific disadvantages as they are revealed.

A promising solution
While there are still a lot of questions to be asked and exploration to be done, thus far, blockchain technology looks promising as a possible solution to some of the security problems presented by BIM adoption as well as having the potential to address some of the costlier issues that have plagued our industry for years.

Dispelling a myth – air gap networking isn’t safer
To be willing to consider, explore and potentially adopt technologies like blockchain, we need to break a few myths around digital security. One of the biggest ones is that our internalised systems are safer, especially when they aren’t connected to the internet. This is a “truth” that is now greatly exaggerated.

Known as air gapping, these disconnected systems use physical isolation from unsecured networks like the internet to increase security. However, this method isn’t as safe as many believe. Hackers typically view air gapped systems as high-value targets. After all, if you’ve gone that far to keep your information off-grid, it must be valuable. As a result, a tremendous amount of time and effort has been put into hacking and exploiting air-gapped systems. These days, something as simple as a mobile phone or a USB stick can bring one to its knees.

>>8836947
Ok op these threads are shit stop dumping walls of unrelated text. If you dont jnderstand what youre reading youre just wasting everyones time

7/

With much of the resistance towards moving to BIM coming from the belief that keeping information centrally stored on a private network is the only way to ensure its safety, it’s important to emphasise that this simply isn’t the case. In fact, the most secure methods currently being used to store and share information are those being used by cryptocurrencies like Bitcoin, aka the blockchain.

In summary
While documents like PAS 1192-5:2015 and PAS 185:2017 provide us with the framework for developing security strategies, it is important that we don’t look to those documents alone for answers. Technologies like the blockchain have great potential for not only securing our digital assets but revolutionizing the way we handle contracts, how we manage projects and deal with supply chains, and aid us in moving away from the linear take-make-waste model towards a circular economy.

THE LAST ONE

Im a linkie, but this thread is legit what mental illness looks like.

>>8837961
Its literally fucking nothing. All of it, just basic blockchain shit.

hurr chainlink

>>8837982
Like you faggot. Right? Literally nothing Compared to Sergey and his team. Better start getting used to things buddy.

>>8838007
Ok anon you're right Im trying to trick you.
You should spend a long time carefully reading everything OP posts, its definitely worth it.

>>8836947
BIM is just a current engineering buzzword

They will not combine blockchain and BIM yet because nobody is even following BIM yet

Its just buzzword medley

To be honest I wouldn't bet on the construction sector for now. This shit is filled with boomers unable to adapt and who can barely use autocad.

What relates to Link:

>That means securing that information and protecting those who have created and/or own it must be interwoven into every stage.


>Smartcontracts
The construction industry is extremely overburdened by management and legal issues relating to gigantic standardized contracts which are designed to try to cover every possible legal situation. Atm the construction industry is the least efficient industry, and projects frequently blow their time constraints and budgets due to this. It’s no wonder we have such a hard on for efficiency upgrades in management/contracts.

This is just another industry that will make wide use of blockchain tech like supply chains and smart contracts. This whole BIM buzzword going around probably nothing specific about Link, it’s just that they will be using smart contracts connected to the real world.

t. Architect & structural engineer

>>8838058
No, developed countries are desperately trying to modernize the construction industry. It’s getting harder to earn money with 40% dead waiting time due to administration issues.

>>8838095
Well, last weeks tripfag talked a lot about the construction sector using blockchain and oracles, so maybe?

Read this fag's thread: >>8782791

BIM is the future of asset management. We live in a built environment that requires constant changes, maintenance and planning. BIM modelling is the answer to these issues. I work in the industry, it may be a buzz word to the ill informed but it will revolutionise the way we manage assets. I look forward to seeing how the blockchain can add to this area.

1000 eoy 2020

>>8838147
Yeah, maybe.

I think smartcontracts could easily be used on something like project progress. With companies being rewarded or punished when they complete project milestones or fail to deliver on deadlines.

Or a larger entrepreneuring company which hires smaller companies for specific jobs (electronics, ventilation, etc) might use smart contracts for the reason above or to ease up on management

>>8838158
Read the thread. I agree we’re many years off actual adoption.

If the anon that wrote this reads this thread, here’s my idea for a use case:

Add a feature in drawing tools, adding an ability to make a smart contract on specific components or building materials. Sub contractors could bid on the smart contract tender and would be paid automatically when the job was completed.

>>8838352
Sergey said last year it probably takes 10 years for smart contract to be fully adopted

>>8837822
>link is the only project that uses smart contracts
why are linkies so stupid? it's pathetic really

Why is the price so low? Why does it seem nobody else is paying attention? I don't understand why. Am I fooling myself because I'm not a genius and could be missing something.