Black Ink Technologies has obtained five patents for technologies to make the construction industry safer.

Construction industry is traditionally considered unsafe and slow to adopting digitally transformation.

By leveraging blockchain technology, Black Ink Tech has created hardware and software systems that help in streamlining the management of projects, right from beginning to end, in an effort to deliver project ease and security.

The patents enable SiteSUPER, a technology operating on the Black Ink Tech platform, to work together to speed up the construction processes, decrease fraud and boost maximum efficiency of a project.

SiteSUPER’s software collects data from all that happens in and out of a project and at job site, and stores this data on the blockchain.

This enables SiteSUPER to combine non-fungible tokens (NFTs) with real-world assets, and create record that can help confirm compliance before the installation of a product, thereby ensuring transparency and adherence to building codes.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The records capture the weather conditions during installation of products, verifications of who carried out the installation, the identifier for the products and when the installation happened.

The patents awarded are on the use of blockchain-based distributed ledger and smart contracts for a construction project; use of blockchain-based distributed ledger to reference construction metadata and to use smart contracts for a construction project; system for management and verification of code compliance; system for management of warranty information for projects and materials; and digital asset systems for management of projects and materials.

Black Ink Tech CEO Jeremy Blackburn said: “These patents are symbolic of the possibilities of blockchain and how it can be used to improve upon an industry that is poised to embrace its own digital transformation.”
———————————————————————————————————————
Image: By leveraging blockchain technology, Black Ink Tech has created hardware and software systems that help in streamlining the management of projects. Credit: Pete Linforth from Pixabay