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Creating Efficiency in Capital Projects With the Power of Smart Contracts
Smart contracts, backed by blockchain technology, can improve capital project payment terms, cash flow and trust along with eliminating contract leakage and freeing up working capital.
By Peter Dumont and Michael Matthews
August 18, 2020
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Business
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by Peter Dumont
Peter Dumont, P.E., is a member of the OS2 research team led by CII at the University of Texas at Austin. He also is an Executive Advisor with the Premier Resources Group. He is the immediate Past President of CURT and has more than 25 years of engineering and construction experience developing and executing capital projects globally; and running operations for EPC service organizations.
by Michael Matthews
Michael Matthews, Vice President of Strategy & Consulting at Enstoa, has over 25 years of experience managing large capital projects and portfolios in North America, Europe, the Middle East and Asia Pacific. He specializes in strategic business consulting and smart technology solutions that enable leading organizations, worldwide, to spend more strategically on improving operations. For more information, visit www.enstoa.com.
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