The dawn of the 21st century has seen the advent of many technologies targeting commercial and financial sectors. These include Big Data, Internet of Things and FinTechs such as blockchain. Blockchain is a type of a distributed database that is used to replicate, share, and synchronise data spread across different geographical locations such as multiple sites, countries, or organisations. The main property of blockchain is that there is no central administrator or centralised data storage mechanism. Consensus algorithms govern the peer-to-peer decentralised network. Numerous benefits and applications of blockchains have resulted in it becoming popular among a broad spectrum of businesses, but is it the case in the construction industry? Given, the backward nature of the construction industry in digitalisation and its reticence to change, it becomes important to analyse the potential impact of Blockchains as a potential disruptive technology.

Although there exists a significant research gap and the potential possibility to test blockchain in the construction sector, the construction industry is historically reported as the second lowest sector to have adopted information technology. This leads to a conundrum whether blockchain is a pure technological hype or whether there is a real potential application in construction. The paper is aimed at critically analysing the application potential of blockchains in construction through a use case analysis and comprehensive literature review to resolve whether it is pure hype or real. The exploration revealed that due to the exponential uses of blockchain, investments involved, and a number of start-up businesses contributing to Industry 4.0, blockchain indeed has a credible potential in the construction industry.

21世纪的曙光见证了许多针对商业和金融领域的技术的问世。其中包括大数据，物联网和区块链等金融科技。区块链是一种分布式数据库，用于复制，共享和同步跨不同地理位置（例如多个站点，国家或组织）的数据。区块链的主要特性是没有中央管理员或集中式数据存储机制。共识算法控制着对等分散网络。区块链的众多好处和应用已使它在众多企业中流行起来，但是在建筑行业是否如此？鉴于此，建筑业在数字化方面的落后性质及其对变革的抵制态度，

尽管存在巨大的研究差距和在建筑业中测试区块链的潜在可能性，但历史上据报道建筑业是采用信息技术的第二低产业。无论区块链是纯粹的技术炒作还是在建筑中是否存在真正的潜在应用，这都会导致一个难题。本文旨在通过用例分析和全面的文献综述来批判性地分析区块链在建筑中的应用潜力，以解决它是纯炒作还是真实炒作的问题。探索发现，由于区块链的指数使用，涉及的投资以及许多为工业4.0做出贡献的新兴企业，区块链确实在建筑业中具有可信的潜力。