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digital construction economy


 

We are building a blockchain-based digital marketplace and economy for the construction industry. Our platform will empower developers, designers and builders of our cities to globally collaborate and financially transact in a digital, secure and trustless manner.

 

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digital construction economy


 

We are building a blockchain-based digital marketplace and economy for the construction industry. Our platform will empower developers, designers and builders of our cities to globally collaborate and financially transact in a digital, secure and trustless manner.

 

We are a group of architects, software developers and entrepreneurs that recognize a need to connect and empower the professionals designing and building our cities.

We believe that the fragmentation of information within the construction industry, lack of transparency and trust and a culture of chronic late payments, significantly contributes to the industry's chronically low productivity growth.

We are steadfast in our belief that the emergence of decentralized technologies such as Blockchain, Digital Tokens and Smart Contracts provide the technical foundation to address these issues.

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Platform


Construction is a collaboration dependent industry. At its core is a payment model that depends on trust. Unfortunately, the adversarial nature of the lowest bidder model and strong commercial incentives to pay late undermine the trust of the transaction. 

Arkilio will empower developers, designers and builders of our cities to globally collaborate and financially transact in a digital, secure and trustless manner.

Platform


Construction is a collaboration dependent industry. At its core is a payment model that depends on trust. Unfortunately, the adversarial nature of the lowest bidder model and strong commercial incentives to pay late undermine the trust of the transaction. 

Arkilio will empower developers, designers and builders of our cities to globally collaborate and financially transact in a digital, secure and trustless manner.

strong identity

On Arkilio, every user of the platform will be authenticated to the same standards Canadian banks use when opening a new account – ensuring the provenance of intellectual capital on the platform.

AUDITABLE DATA

Arkilio will use blockchain technology and cryptographic hashing functions to record and store the critical project performance data.

timely payment

Any approved contract uploaded to the platform will support automated payments through smart contract technology. The Arkilio platform will manage and settle payments instantly across the entire project team.

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Arkilio Token (ART)


Arkilio platform will be using a native token called ART. The token has three  important functions.

It removes payment risk when providing services or selling intellectual property or product on the platform. It compensates the platform for its usage. It incentivizes the platform's adoption and rewards collaboration. 

Arkilio Token (ART)


Arkilio platform will be using a native token called ART. The token has three  important functions.

It removes payment risk when providing services or selling intellectual property or product on the platform. It compensates the platform for its usage. It incentivizes the platform's adoption and rewards collaboration. 

removING payment risk

The users of the platform will use the ART token to pay for services or intellectual property (content) offered on the platform. The approval of payment requests or download of files will only be possible if sufficient balances of ART token are available in the payer's wallet.

Powering the platform

Every transaction that involves the transfer of ART tokens will result in a transaction fee that will compensate the platform for its usage. The fee has not been determined yet but it will be lower than the transaction fees charged by major banks in North America.

incentivizing COLLABORATION

Arkilio token will be used to incentivize behavior that benefits the network. The rewards system's main objectives are to grow the network and reward collaboration such as timely approval of payment requests or minimum number of change requests.