
Wednesday Mar 13, 2024
L118 : Revolutionizing construction supply chain at DigiBuild with Robert Salvador
The video features an interview with Robert Salvador, CEO of DigiBuild, a blockchain and construction management software company. Robert discusses his background growing up around construction projects and getting into blockchain after discovering its potential to enable trust in the construction industry. He outlines how DigiBuild started out building general construction management software but pivoted to focus specifically on supply chain and procurement where they are addressing major pain points. Other topics include the challenges of getting construction companies to adopt new technologies like blockchain, ideas for using blockchain and web3 to align incentives and enable new behaviors in the industry, thoughts on crowdfunding and network states, and recommendations for how construction firms can start exploring and implementing blockchain. Overall, the discussion centers around using blockchain and web3 to digitize and transform processes in the traditionally slow-to-change construction industry. 00:00 - Introduction 00:55 - Robert's background and entry into blockchain 03:30 - Founding DigiBuild and pivoting the business model 06:05 - Overcoming friction when introducing blockchain to construction companies 09:00 - Emerging blockchain use cases in construction 15:00 - The future of blockchain, web3 and crowd funding in real estate 23:00 - Fundraising journey and advice for startups 26:05 - DigiBuild's roadmap and future plans 41:00 - Network states and blockchain ecosystems 48:00 - Preparing construction firms for blockchain adoption 51:00 - Censorship resistance and decentralization 56:00 - Accessibility and crowdfunding for smaller contractors 59:10 - Robert's background and interests blockchain, construction, construction management, construction technology, supply chain, procurement, digitization, innovation, web3, incentives, trust, software, construction industry, transformation, emerging technology, interview, ceo
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