Toward smart contract adoption in Vietnam’s construction sector: challenges and a conceptual implementation framework
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Từ khóa:
Smart contract
construction digitalization
blockchain
distributed ledger technology
implementation framework
Tóm tắt
The construction sector is increasingly exploring smart contracts (SCs) to resolve persistent operational challenges, such as payment delays and disputes. This study systematically analyzes SC and Distributed Ledger Technology (DLT) deployments globally and in Vietnam, identifying key legal, technical, and organizational constraints hindering domestic adoption. To bridge these gaps, a five-step implementation framework tailored to Vietnam's institutional and market conditions is proposed. The framework emphasizes incremental adaptation using regulatory sandboxes, a hybrid architecture integrated with Building Information Modeling (BIM), and fiat-based payment mechanisms. The findings highlight that successful adoption depends primarily on institutional readiness and regulatory alignment rather than the technology itself, advocating a phased approach aligned with local industry capabilities.
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Jul 31, 2026
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Nguyen, H. T., và A.-K. Ly-Ngo. “Toward Smart Contract Adoption in Vietnam’s Construction Sector: Challenges and a Conceptual Implementation Framework”. Tạp Chí Khoa học Và Công nghệ Đại học Đà Nẵng, vol 24, số p.h 7B, Tháng Bảy 2026, tr 156-62, doi:10.31130/ud-jst.2026.24(7B).595E.
