Construction Dive’s series, Tech 101, provides quick, top-line information about emerging construction technology on topics such as digital twins, laser scanning and exoskeletons.

What type of tools would you like a primer on? Email if you never had to submit an invoice again, but still got paid, instantly, the minute you finished your next job? That’s the promise of using blockchain technology in the construction industry.

So far, blockchain is mostly known as the underlying technology for bitcoin and other cryptocurrencies. And that’s one of the biggest challenges in getting your head around this tech for construction.

Building pros say to really see blockchain’s potential in this business, you first need to forget everything you’ve heard about bitcoin and crypto, because blockchain is much more basic than that.