The construction industry is one of many sectors currently undergoing technological advancement. The market is inundated with new techniques, tools and strategies in the construction industry, and this has brought forth immense opportunities for growth and expansion.
But there is more to be done. With an estimated market size of $10.5 trillion by 2023, the quality of services delivered and the ease of doing business should experience a facelift. Problems like the cost of providing and sourcing for advertisements, metrics to check for reliability and track records, assurance of payment, etc. are still prevalent.
Many industries have experienced the digitalization of key operational processes, including the financial industry, healthcare sector, transportation sector, and even the energy market.
The construction industry still relies mainly on old-fashioned or generic ways of communication and advertising with no centralized regional or global trust platform in place