Dr. Maximilian Sinan Korkmaz is a civil engineer who has been working in the construction industry for 16 years. He founded Stabilwerk Bau http://www.stabilwerk.de/, a construction company based in Frankfurt, Germany. Stabilwerk Bau now accepts his BSV blockchain-based credit tokens as payment for its services. In this episode of CoinGeek Conversations, Dr. Korkmaz discusses some of the obstacles experienced in the construction industry today and how blockchain can offer solutions.
Dr. Korkmaz first caught wind of Bitcoin while studying for his Ph.D. in 2010 but it wasn’t until 2017 that he took a liking to it, specifically the Bitcoin SV blockchain. “I chose Bitcoin SV because the promises were all about industries and applications and businesses so I thought it was the right one for me.”
As he tells Charles Miller in this week’s podcast, there is a lack of digitization in the construction industry. He notes that issues often arise from communication problems between participants involved in a construction project. To address those concerns, Dr. Korkmaz found a solution in the blockchain. “I thought I might be able to make these processes more efficient using blockchain,” he notes.