Blockchain and Smart Technologies in
property, and and facility management
Citation: Judith Callanan, Rebecca Leshinsky, Dulani Halvitgala. Smart Technologies in asset, property and facility management.
London: Property Research Trust
This study examined the benefits and challenges offered by the uptake of ‘smart’ building technologies, such as blockchain and artificial intelligence (AI), on asset, property, and facilities management activities in commercial buildings in Australia. Property has been one of the slower and more resistant industries to integrate smart technologies: however, technological disruption is now having a significant impact on the built environment. This is particularly evidenced by the growth in popularity of smart buildings, with global corporations now striving to be located in such flagship buildings.
Existing technologies, such as Building Management Systems (BMS), continue to be important and can be expanded to allow for further data to be collected and building efficiencies to be enhanced. The advancement of Building Information Modelling (BIM) that stores building drawings in 3D and operating information at the construction stage, can be run in conjunction with established BMS to provide a more efficient picture of the building infrastructure and operation. Software packages such as Aconex, which can collect and store the drawings and communications in the construction stage, can also be used for the management of communications relating to the ongoing operation of the building.
Keywords: Built environment, age-friendly community, Guangzhou, China, aging population, global phenomenon