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Constructions projects are often delayed or interrupted due to the exchange of lien waivers for payment.  In this article, learn how blockchain technology and smart contracts can streamline that process to keep construction projects on track.

Whether its parties in the construction chain asked to provide unconditional lien waivers, monthly payment exchanges or logistic issues, blockchain's cryptographic technique of validating transactions might be one solution to these problems.

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The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.
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