Staff View: Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process

Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process

Managing commercial real estate is extremely complex and cumbersome and involves many stakeholders who provide access to and modify a variety of information. This led to some common issues with traditional commercial real estate management such as lack of transparency, third-party interference, the...

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Main Authors:	Tuti Haryati Jasimin, Tuti Haryati Jasimin, Mohd. Ali, Hishamuddin, Mohamed Razali, Mohamad Najib, Mohd. Daud, Salwani
Format:	Article
Language:	English
Published:	Malaysian Institute of Planners (MIP) 2023
Subjects:	H Social Sciences (General)
Online Access:	http://eprints.utm.my/106305/1/TutiHaryatiJasimin2023_PotentialOpportunitiesofBlockchainTechnology.pdf http://eprints.utm.my/106305/ http://dx.doi.org/10.21837/pm.v21i27.1300
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id	my.utm.106305
record_format	eprints
spelling	my.utm.1063052024-06-29T05:47:11Z http://eprints.utm.my/106305/ Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process Tuti Haryati Jasimin, Tuti Haryati Jasimin Mohd. Ali, Hishamuddin Mohamed Razali, Mohamad Najib Mohd. Daud, Salwani H Social Sciences (General) Managing commercial real estate is extremely complex and cumbersome and involves many stakeholders who provide access to and modify a variety of information. This led to some common issues with traditional commercial real estate management such as lack of transparency, third-party interference, the complexity of the agreements, record keeping and security, and absence of real-time data. Accordingly, blockchain technology is anticipated to address the issues of data openness, trustworthiness, and correctness in the global real estate market. This research aims to discover the potential opportunities that blockchain could offer in streamlining the commercial office building operation management process. A conceptual framework of blockchain-based technology adoption in the current Malaysian commercial office building operation management process was developed based on the literature review and focus group discussion (FGD). The framework was underpinned by four core operation management that emerge from the research findings including financial, administrative, technical, and promotional management. Malaysian Institute of Planners (MIP) 2023-07-26 Article PeerReviewed application/pdf en http://eprints.utm.my/106305/1/TutiHaryatiJasimin2023_PotentialOpportunitiesofBlockchainTechnology.pdf Tuti Haryati Jasimin, Tuti Haryati Jasimin and Mohd. Ali, Hishamuddin and Mohamed Razali, Mohamad Najib and Mohd. Daud, Salwani (2023) Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process. Planning Malaysia, 21 (3). pp. 266-283. ISSN 1675-6215 http://dx.doi.org/10.21837/pm.v21i27.1300 DOI:10.21837/pm.v21i27.1300
institution	Universiti Teknologi Malaysia
building	UTM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Teknologi Malaysia
content_source	UTM Institutional Repository
url_provider	http://eprints.utm.my/
language	English
topic	H Social Sciences (General)
spellingShingle	H Social Sciences (General) Tuti Haryati Jasimin, Tuti Haryati Jasimin Mohd. Ali, Hishamuddin Mohamed Razali, Mohamad Najib Mohd. Daud, Salwani Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process
description	Managing commercial real estate is extremely complex and cumbersome and involves many stakeholders who provide access to and modify a variety of information. This led to some common issues with traditional commercial real estate management such as lack of transparency, third-party interference, the complexity of the agreements, record keeping and security, and absence of real-time data. Accordingly, blockchain technology is anticipated to address the issues of data openness, trustworthiness, and correctness in the global real estate market. This research aims to discover the potential opportunities that blockchain could offer in streamlining the commercial office building operation management process. A conceptual framework of blockchain-based technology adoption in the current Malaysian commercial office building operation management process was developed based on the literature review and focus group discussion (FGD). The framework was underpinned by four core operation management that emerge from the research findings including financial, administrative, technical, and promotional management.
format	Article
author	Tuti Haryati Jasimin, Tuti Haryati Jasimin Mohd. Ali, Hishamuddin Mohamed Razali, Mohamad Najib Mohd. Daud, Salwani
author_facet	Tuti Haryati Jasimin, Tuti Haryati Jasimin Mohd. Ali, Hishamuddin Mohamed Razali, Mohamad Najib Mohd. Daud, Salwani
author_sort	Tuti Haryati Jasimin, Tuti Haryati Jasimin
title	Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process
title_short	Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process
title_full	Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process
title_fullStr	Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process
title_full_unstemmed	Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process
title_sort	potential opportunities of blockchain technology in streamlining the malaysian commercial office building operation management process
publisher	Malaysian Institute of Planners (MIP)
publishDate	2023
url	http://eprints.utm.my/106305/1/TutiHaryatiJasimin2023_PotentialOpportunitiesofBlockchainTechnology.pdf http://eprints.utm.my/106305/ http://dx.doi.org/10.21837/pm.v21i27.1300
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score	13.211869

Potential opportunities of blockchain technology in streamlining the Malaysian commercial office building operation management process

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