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Artwork for “Linking Technology Together to Reinvent Real Estate”
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Audio podcast
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With Anthony Day

Linking Technology Together to Reinvent Real Estate

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Connected Real Estate Technology Needs a Ready Ecosystem

By Brittanie Campbell-Turner

Published on Constructrr

Anthony Day, Jacob Boersma, and Jan Willem Santing joined Constructrr in 2019 to discuss smart buildings, BIM, blockchain, and real-estate data. Anthony set the scale of the challenge early: “In reality, the technology is about 20% of the problem.” He placed the remaining work with people, process, governance, operating models, and the willingness to change how organizations work together.

A connected platform can move information. It cannot give participants a reason to trust, share, or reuse that information.

Technical feasibility is not business transformation

Anthony Day distinguished a proof of concept from implementation and scale. A team could show that a sensor connected, a transaction was recorded, or a prototype worked. The harder work began when multiple systems, suppliers, buildings, and decision-makers had to use the process.

He also noted that a single company's problem may not need blockchain. A database and application connections may be enough. The technology choice becomes more relevant when many parties need to contribute to a shared process and no one system reaches all of them.

Reuse depends on the quality of the first record

The guests described building information that was no longer used after construction, then measured or recreated for leasing and other lifecycle needs. They argued that selected BIM outputs could pass into later workflows through controlled access and system connections.

Jan Willem Santing offered a related caution: poor information remains poor when it is carried into another system. A timestamp or shared platform can preserve a weak record without making it accurate. The first user has to capture information clearly enough for the next user to understand and verify it.

Jacob Boersma then described Axiom as a real-estate data-sharing platform that was still developing from an earlier prototype. The 2019 concept used controlled source data and verification records so participants could share trustworthy information while retaining control of their own data. At that stage, the platform's proposed value remained an aim, not a result measured across a real-estate portfolio.

A platform needs enough willing participants

Anthony Day called this a minimum viable ecosystem. Before choosing a platform, the team needs a valuable multi-party workflow, enough participants to make the connection useful, and a reason each participant benefits from joining.

Transparency can complicate that decision. The guests observed that organizations may want access to other parties' information while protecting their own commercial position. Governance has to address who contributes, who can see the record, who verifies it, and what value each party receives.

Where information is checked or recreated across organizations, compare the first record with what the next participant needs to accept it. Missing ownership, weak source data, or an incentive conflict should be resolved before the team adds another platform.

A connected system earns its place when the data can be trusted, the operating rules are clear, and the people involved have a reason to use it together.

Recording information

People, topics, and original sources for this recording and article.

Original show notesGuest links and notes from the original episode page.

Guests From Deloitte:

  • Anthony Day, COO of Deloitte EMEA Blockchain Lab
  • Jacob Boersma, Netherlands Blockchain Team Leader at Deloitte
  • Jan Willem Santing, MRICS, Senior Manager of Real Estate at Deloitte Financial Advisory BV and Product Owner for Smart Buildings Blockchain Proposition

We discussed connecting with collaborative technologies in order to improve business decisions including wellbeing, talent acquisition, and energy efficiency. We discussed the oportunities for blockchain in real estate, design and construction, and autonomous vehicles. Last but not least, we discussed Axiom, a Real Estate blockchain pilot. 

Read the Deloitte’s 2019 Real Estate Perdictions Report

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Find out more about our guests:


Music By: Epic Music Supervision

Show Notes: www.constructrr.com/deloitteinnovation

 

At a glance

Original source date
People
  • Anthony Day, COO of Deloitte EMEA Blockchain Lab
  • Jacob Boersma, senior manager/Netherlands blockchain team leader
  • Jan Willem Santing, senior manager and product owner of Deloitte's blockchain real-estate platform

Original source and related links