• videocam Live Webinar with Live Q&A
  • calendar_month May 19, 2026 @ 1:00 PM ET/10:00 AM PT
  • signal_cellular_alt Intermediate
  • card_travel Real Property - Transactions
  • schedule 90 minutes

Smart Contracts for Construction Projects: Increasing Transparency and Efficiency, Minimizing Dispute Risks

About the Course

Introduction

This CLE webinar will discuss the benefits and challenges of using smart contracts in the construction industry. The panel will examine how smart contracts work in conjunction with natural language contracts and may help improve efficiency and increase transparency in construction projects. The panel will also address practical applications for which smart contracts may be especially helpful in mitigating the risk of disputes.

Description

Disputes are inevitable in the construction industry, often focused on contractual terms. Smart contracts are increasingly being used to help mitigate the risk of disputes.

Smart contracts work in conjunction with natural language contracts and are self-executing agreements coded on blockchain technology that automatically execute predefined actions when specified conditions are met. Blockchain technology, first primarily utilized for bitcoin and other cryptocurrencies, provides security and efficiency by allowing for a shared ledger that records and tracks assets across networks and minimizes the risk of fraudulent transactions.

The self-executing technology provides key advantages for construction projects including increased efficiency by automating processes and tasks, thereby minimizing delays, errors, and administrative costs; and saving documented transactions in real-time, providing transparency of cost, time, and scope of the project to all parties. 

Practical applications of smart contracts in the construction industry include automatically releasing payments upon completion of project milestones; managing the supply chain by tracking materials from suppliers to the site; and assisting with regulatory compliance when programmed to adhere to building and safety regulations and flagging noncompliance issues.

Listen as our expert panel discusses the use of smart contracts in the construction industry. The panel will examine the pros and cons of using smart contracts for construction projects and offer best practices for mitigating dispute risks.

Presented By

Michael R. Hogue
Shareholder
Greenberg Traurig LLP

Mr. Hogue maintains a multi-disciplinary construction practice providing representation to owners, developers, and major corporations in all aspects and phases of construction and project development in the real estate industry. His practice provides an integrated “one-stop-shop” for a broad cross-section of public and private sector clients in due diligence, transactions, tenant buildouts, project oversight and management, regulatory compliance, disputes, litigation, and restructuring/bankruptcy matters. Using his broad experience with project development in an array of differing geographic and economic conditions, Mr. Hogue represents clients in a variety of industries ranging from hospitality and multifamily development to digital infrastructure and transportation/mass transit throughout the U.S. and abroad. His cross-disciplinary legal training provides a deeper understanding of his clients’ needs at all stages of the project development life cycle, from due diligence and initial design and construction contract negotiation to pre- and post-completion dispute resolution and litigation to bankruptcy restructurings and distressed asset dispositions. Mr. Hogue also regularly advises developers and affiliated contractors on regulatory and licensing issues.



Richard R. Volack
Partner, Chair Cybersecurity & Data Privacy Practice
Peckar & Abramson, PC

Mr. Volack counsels some of the country’s largest general contractors, construction managers, and owners in all aspects of construction dispute resolution, including claims involving breach of contract, construction defects, design defects, schedule-and-impact delays, mechanic’s liens, surety bonds and insurance, and counsels clients in all matters concerning cyber security and data privacy. His practice encompasses dispute resolution through mediation, arbitration and, when necessary, litigation. Mr. Volack also counsels clients on litigation avoidance practices, risk management, project planning and contract negotiation in relation to construction projects, both in both domestic and international settings. He is a frequent lecturer on construction insurance, risk management, the New York Mechanic’s Lien Law, and e-discovery and ESI issues as they relate to construction litigation, among other topics.

Credit Information
  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.


  • Live Online


    On Demand

Date + Time

  • event

    Tuesday, May 19, 2026

  • schedule

    1:00 PM ET/10:00 AM PT

I. Introduction

A. Overview of smart contracts and blockchain technology

B. Interaction with natural language contracts

II. Benefits vs. challenges of using smart contracts in the construction industry

III. Practical applications for using smart contracts in construction

A. Increased transparency 

B. Cost control 

C. Regulatory compliance

D. Supply chain management

E. Payments

F. Others

IV. Best practices for using smart contracts in conjunction with natural language contracts

V. Key takeaways

The panel will review these and other important issues:

  • What are the benefits of using smart contracts for construction projects? How do they minimize dispute risks?
  • What challenges may be faced when using smart contracts?
  • What are best practices for utilizing smart contracts for construction projects?