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Autonomous construction safety incentive mechanism using blockchain-enabled tokens and vision-based techniques
Abstract Current incentive mechanisms for construction safety highly rely on intermediaries and massive paperwork, which lay a foundation for opportunistic behavior and poor performance in the long run. As a solution, this study introduces an automatic incentive mechanism that rewards contractors with Fungible Tokens (FTs) and Non-Fungible Tokens (NFTs). Visual data of construction sites is processed through a computer-vision module, which reports safety performance. These reports are evaluated in a network of smart contracts, using a decentralized oracle network (DON), and token-based rewards are determined and distributed accordingly. Users can redeem their FT rewards or NFTs through an interactive front-end portal. The proposed method is successfully implemented through a synthetic case study to prove its feasibility. The proposed decentralized application (Dapp) provides a transparent, traceable, and immutable incentive mechanism that improves trust among stakeholders, and can be used as a template and expanded to fields beyond construction safety.
Graphical abstract Display Omitted
Highlights An autonomous safety incentive Dapp is developed to reward companies with FTs and NFTs. Decentralized oracle is used to securely bridge the computer-vision module to smart contracts. A Full-stack and interactive front-end is developed to facilitate adaption among non-experts.
Autonomous construction safety incentive mechanism using blockchain-enabled tokens and vision-based techniques
Abstract Current incentive mechanisms for construction safety highly rely on intermediaries and massive paperwork, which lay a foundation for opportunistic behavior and poor performance in the long run. As a solution, this study introduces an automatic incentive mechanism that rewards contractors with Fungible Tokens (FTs) and Non-Fungible Tokens (NFTs). Visual data of construction sites is processed through a computer-vision module, which reports safety performance. These reports are evaluated in a network of smart contracts, using a decentralized oracle network (DON), and token-based rewards are determined and distributed accordingly. Users can redeem their FT rewards or NFTs through an interactive front-end portal. The proposed method is successfully implemented through a synthetic case study to prove its feasibility. The proposed decentralized application (Dapp) provides a transparent, traceable, and immutable incentive mechanism that improves trust among stakeholders, and can be used as a template and expanded to fields beyond construction safety.
Graphical abstract Display Omitted
Highlights An autonomous safety incentive Dapp is developed to reward companies with FTs and NFTs. Decentralized oracle is used to securely bridge the computer-vision module to smart contracts. A Full-stack and interactive front-end is developed to facilitate adaption among non-experts.
Autonomous construction safety incentive mechanism using blockchain-enabled tokens and vision-based techniques
Naderi, Hossein (author) / Shojaei, Alireza (author) / Ly, Reachsak (author)
2023-05-25
Article (Journal)
Electronic Resource
English
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