Cryptocurrency Transactions in the Construction Industry: Trends and Security Implications

Transactions using cryptocurrencies are promising to increase financial operations’ security, efficiency, and transparency in the building sector. This study investigates the most important players, emerging trends, and cooperative networks using Bitcoin transactions in the building industry. A bibliometric analysis was conducted by carefully going through the Scopus database, focussing on journal articles, conference proceedings, and book chapters released in the previous ten years. Key theme clusters in the research are identified by the VOSviewer analysis, which also shows growing interest in using blockchain technology and cryptocurrencies in construction transactions. The results highlight how bitcoin, especially with blockchain, may increase financial transparency in building projects, expedite payments, and improve contract management through smart contracts. However, widespread use is hampered by serious security issues like fraud risks, cyber threats, and regulatory difficulties. In addition to offering a thorough bibliometric analysis, this study makes recommendations for future research areas, such as fixing security flaws, creating precise regulatory frameworks, and investigating the integration of cryptocurrencies with conventional financial institutions. The study offers insightful information on how Bitcoin transactions could transform financial procedures in the building sector, fostering increased effectiveness and openness while getting past legal and security barriers.