Financing building renovation : financial technology as an alternative channel to mobilise private financing

Cummins, Mark and Lynn, Theo and Rosati, Pierangelo; Lynn, Theo and Rosati, Pierangelo and Kassem, Mohamad and Krinidis, Stelios and Kennedy, Jennifer, eds. (2023) Financing building renovation : financial technology as an alternative channel to mobilise private financing. In: Disrupting Buildings. Palgrave Studies in Digital Busness and Enabling Technologies . Palgrave, Cham, pp. 153-172. ISBN 9783031323096 (https://doi.org/10.1007/978-3-031-32309-6_10)

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Abstract

Access to capital is one of the key barriers for deep renovation. This chapter presents the potential advantages and benefits that financial technology (FinTech) solutions such as crowdfunding and blockchain-based solutions such as tokenisation and smart contracts can provide to building owners and construction companies in terms of financing. Future avenues for research in this space are also presented.