The Architecture Engineering and Construction (AEC) industry has traditionally been slow to adopt new technologies. However, recent advancements in Blockchain technology have the potential to revolutionize the way construction projects are managed and executed. By creating transparent and secure digital records of transactions and activities, Blockchain can improve project management, reduce disputes and delays, and increase transparency and trust among all stakeholders. With this in mind, Arcartera Limited, a leading provider of Web3 solutions for the AEC industry, has created a number of public Blockchain Decentralized Applications (Dapps). They include a Blockchain BIM solution that automatically creates a public ledger of a building construction status by minting an NFT for an .ifc file, providing greater transparency and security to the construction process.
China, Hong Kong, March 8th, 2023
Arcartera Limited, a leading provider of Web3 solutions for Architecture Engineering and Construction (AEC) companies, has been working on developing Smart Contracts, Supply Chain Management, and Payment Gateway for Contractors since 2022. However, Arcartera is now pleased to announce the launch of a number of public Dapps that can be used by anyone interested.
As the first Dapp to be launched, Arcartera will introduce a Blockchain BIM (Building Information Modeling) solution that automatically creates a public ledger of a building construction status by minting an NFT (Non-Fungible Token) for an .ifc (Industry Foundation Classes) file. These .ifc files are used in BIM software to exchange information between different applications and systems in the AEC industry. The Arcartera Dapp works by offering the user to upload an .ifc file, and the user has to pay a number of ARCA coins using their Metamask wallet. ARCA coins are Arcartera’s own Blockchain tokens used to pay for services and network fees. Once the file is uploaded to an Arcartera server, the user will receive an NFT that authenticates and time-stamps the uploaded file. This innovative solution offers greater transparency and security to the construction process, while also facilitating the exchange of critical information between all stakeholders involved.
Arcartera Limited has a proven track record of delivering cutting-edge solutions to the AEC industry. The company was endorsed by the Hong Kong Central Bank (HKMA) for its stable-coin project and was officially mentioned as a contributor on their website and press release. This endorsement further solidifies Arcartera’s commitment to developing innovative solutions that meet the needs of its clients. With the launch of its public Dapps, Arcartera is once again demonstrating its ability to adapt and evolve to the changing needs of the market.
For more information about Arcartera Limited and its innovative solutions for the AEC industry, please visit www.Arcartera.com or contact us by following @ArcarteraLTD on Twitter and Telegram.