FOR IMMEDIATE RELEASE
Arcartera Limited Unveils Revolutionary Blockchain Platform for Architecture, Engineering, and Construction Industry
[Hong Kong, China] – Arcartera Limited, a leading blockchain developer for the Architecture Engineering & Construction (AEC) industry, today announced the launch of its revolutionary blockchain platform designed to streamline and improve the relationship between architectural firms and sub-contractors.
The platform, built on blockchain technology, utilizes smart contracts to automate and enforce the terms of agreements between architectural firms and sub-contractors, thus reducing the likelihood of disputes and delays. Additionally, the platform’s supply chain management functionality allows for greater transparency and accountability throughout the entire construction process.
“The AEC industry is in dire need of a solution that addresses the many challenges faced by architectural firms and sub-contractors,” said Gregor Hans Schoener, CEO of Arcartera Limited. “Our blockchain platform does just that, by providing a secure, transparent, and efficient way for these parties to collaborate and manage their projects.”
One of the key features of the platform is its smart contract functionality, which allows for the automatic execution of agreements between architectural firms and sub-contractors. This includes the automatic release of payments based on the completion of specific milestones, which helps to reduce the likelihood of disputes and delays.
The platform’s supply chain management functionality also plays a crucial role in improving the relationship between architectural firms and sub-contractors. This feature allows all parties involved in a construction project to access real-time information about the status of materials and equipment, which helps to ensure that there are no delays in the construction process.
“Our platform is the first of its kind in the AEC industry and we are confident that it will revolutionize the way architectural firms and sub-contractors collaborate and manage their projects,” said Arthur Ha Ming Chak, CTO of Arcartera Limited. “We look forward to working with our clients to bring the many benefits of blockchain technology to the AEC industry.”
Arcartera Limited is committed to providing the AEC industry with innovative solutions that improve collaboration, transparency and efficiency between architectural firms and sub- contractors.
For more information about Arcartera Limited and its blockchain platform, please visit www.Arcartera.com or follow @ArcarteraLTD on Twitter.
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