Jalan Sukses: Builderium: Blockchain Based Construction Industry Networking Platform

The construction industry is one of many sectors currently undergoing technological advancement. The market is inundated with new techniques, tools and strategies in the construction industry, and this has brought forth immense opportunities for growth and expansion.

With an estimated market size of $10.5 trillion by 2023, the quality of services delivered and the ease of doing business should experience a facelift. Problems like the cost of providing and sourcing for advertisements, metrics to check for reliability and track records, assurance of payment, etc. are still prevalent.

Introduces you to Builderium! A blockchain based construction indutry networking platform which aims to solve all of these problems.. What is Builderium? Let's figure it out!

ABOUT BUILDERIUM

Builderium is a new cryptocurrency platform (BUILD) which connects professionals, contractors, and companies in the construction industry with clients using the blockchain. The platform emphasizes collaboration and quality, on-time, in-budget services in construction and home renovation.

Builderium offers individuals and businesses the opportunity to connect with professionals in the construction industry to complete related projects. The platform is equipped with the reverse auctions feature and this allows projects to be completed within the defined budget. The transactions on the platform are also secured using blockchain technology.

Builderium’s mission is to make it easy for clients to find experienced contractors on a reverse Dutch auction platform which also provides a streamlined and tokenized bidding platform for construction professionals.

HOW IT WORKS?

Builderium is a unique platform that is created to meet the needs of clients that are searching for diverse construction and home renovation services. Builderium platform, links construction workers and contractors customers.

The builderium platform enables construction contractors and builders to be match easily with professional client profiles based on their location, skill, and experience. This platform connects construction companies with local client searching for a full-time or temporary project.

As a client, you will have the construction workforce at your fingertips. The platform works in a way that clients submit the details of their projects and the relevant professionals will be informed of the proposal. Then, these professionals partake in reverse auctions to ascertain who will complete the project and for how much. It works in such a way that customers get to work with the lowest bid submitted. As a contractor, you can bid for any project you are comfortable to accomplish.

BUILDERIUM PLATFORM FEATURES

As construction worker, you can browse for construction jobs that are located in the area you would like to work at. With the help of this great platform, anytime you are looking for a short or long term reliable, experienced, and professional workers, or a supervisor for a large, peak-season project, the platform recruiter departments are experts in providing a skilled workforce that gets the job done the way expected.

In this platform, you can have different multinational companies bidding for a chance to realize your dream building. The platform has a secured payment system with unique decentralized features that ensure that there’s no chance for fraud or criminal activities. On Builderium platform, contractors are manually vetted and upon completion of projects, reviews are provided, so there is nothing like cheating. As part of the plan to build a network that truly brings clients and professionals, the platform has a currency called the BUILD cryptocurrency.

And where does the customer know the right price, where are the guarantees from dumping on the part of the customer? Somehow Builderium is going to increase the speed of work. Already by 20%. Perhaps due to the exclusion of bureaucracy? There are no specifics. They write that they are going to minimize the risks of default of the contractor's obligations to the customer. How - again, do not specify. The BUILD token is planned to be made a legitimate means of payment between the customer and the client. Tokenomika is not painted.

In general, the beginning of the Populist EP and the technicians did not participate in the writing. Although it is written laconically and without incomprehensible grammatical constructions with repetitions, as often happens, - continuous water and polemics for 17 sheets without specificity. Further - even the command and the tokenometrics were shoved. And the technical part takes 2 pages out of 36. A typical marketing product.

All that is on the technical side: Builderium.com is developed on ReactJS-library to create complex front-end applications. It will include public and private SPA - a web application or website that uses a single HTML document as a wrapper for all web pages and organizes interaction with the user via dynamically loaded HTML , CSS , JavaScript [1] , usually through AJAX . That is, this application is run on the web, and not in the operating system.

It sounds rather strange, considering that the blockade means Dapps , which work exactly in the blockroom, and not in the usual Internet. (or is it dapps ?) Public SPA is a collection of general information, FAQ. A private one is already the accounts of contractors and customers who will participate in the auction tables. In both SPAs, project lists and project pages will be available. Scheme of interactions between participants in the network and its components: (nothing concrete, this is a marketing product).

BUILD TOKEN ICO

The Builderium ICO presale, which begins on July 17, 2018, will offer a 35m BUILD tokens out of a total of 175m, which will total a hardcap value of $17.5m. The presale and public ICO will use Ethereum (ETH) to raise funds.

The public ICO will open one week after the presale closes, with 60% of the total available to the public. The Builderium team has also confirmed that KYC (Know Your Customer) is mandatory to take part – and that 2% of BUILD tokens have been reserved for the bounty. For more details regarding fund allocation, please see the project’s whitepaper.

Funds raised from each phase of the ICO will be allocated to developing the technology behind the platform, advertising and marketing of the platform, expansion to further territories in Europe and North America, and the company’s legal department.

The Builderium team has united with an experienced team of 51 programmers from AIS Novations, a leading European software developer, to create the Builderium platform, set to be hosted at Builderium.com upon completion. The site is expected to be ready by September 2018, according to the team’s roadmap.