Take a good look at every industry that generates profits around the world and chances are that technological developments have affected them in one way or another, most of the times for good, or simply to make them more functional, productive, and profitable. Such are the consequences of the industrial revolution that began in the XIX century and is still going strong.
This niche, however, that hasn’t changed that much since ancient times. When the human being learned to build structures, he changed the ways of civilization, and yet even as new materials have been added and almost every building technique has evolved, there is still very little change on how this market is approached by the customers looking to build or expand their households.
The Current Outlook of the Construction Business
There are currently at least a million projects of real estate taking places across the world every single day; this industry is poised to generate profits estimated on nearly $23 trillion by 2023. The business model used by contractors and developers surely needs to be revamped to make it more efficient.
One of the many problems faced by the people looking to finance these projects is learning about the reputation of developers and companies that continually enter bidding wars to win projects. The financers need to pull double duty and check the background of these companies to make sure they are reliable and capable of providing the goods.
The Problem, as perceived by Team Builderium
Builderium is here to help and change the land field by revamping the way constructions professionals are hired. The team behind this company is creating a platform based on Blockchain technology to connect construction workers, contractors, and clients under a single roof. Builderium is currently planning to solve three main issues with the work they are doing:
- The first one is to thin out the increasing competition in the field given the number of participants available. It’s worth mentioning that the construction business is one of the industries that employ more people around the world for the development of each individual project.
- The second issue is a way to get the right, qualified workforce for each job. One of the greatest problems faced by the construction industry is that there is no way to properly check for the skills of an employee of a contractor since there is no portfolio or registry to show off unlike nearly every single service out there.
- The last problem that Builderium is looking to solve is to give users first-hand knowledge about contractors and their work conditions to check if their prices are on par with the quality of the work they are able to deliver.
Local Solutions for Local Problems
In short: Builderium is a company that is looking to build a closer relationship between potential customers and construction companies or contractors. Since the algorithms of the platform are based on the geographical location you’ll always be able to get the best deal of the people working in your area; you’ll also be able to review the performance of each one as well as their level of professionalism to deliver a well-made job according to specifications.
The company is looking to offer a solution to the ongoing issues plaguing construction or renovation projects. To learn more about them, you can visit the token Website. ANN and Whitepaper
ETH address: 0xb553b0480735e9587b9dfffda33a2f463eaa31a0