BUILDCash (B1x)

An integrated market place for the construction industry that will enable builders and craftsmen to: find work and projects, validate work completion, and facilitate instant payment in a seamless environment. Or simply: Connect – Share – Pay.

Whitepaper

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What is BUILDCash

BUILDBoard is a centralized job search engine utilizing individual profiles that have been created on the BUILD1x platform. When anyone in the construction industry builds a profile, it will act as their resume and make it easier to find jobs on the BUILDboard. Their profile will then be connected to all projects the individual has worked on and reviews from past jobs are utilized to establish a favorable reputation.

BUILDBoard will create a onestop-shop for job posting and job searching, enabling the entire industry to develop relationships, connections, and trust. Algorithm paring filters are in place to facilitate quality job/employee matches based on location, job type, and project timeline. The BUILDBoard will also allow for workers and contractors to have an even work-flow, by creating their schedules based on the jobs available.

BUILDComm was created to facilitate clear communication with multiple teams by giving them tools to communicate real-time project assessments, updates, safety concerns, permitting data, and photos of completed work. With BUILDComm, team leaders can communicate to all people on the project at once or in segmented conversations for only the pertinent team members.

The underlying technology of cryptocurrencies is Blockchain technology. By utilizing the power of this digital asset distribution and decentralized distributed ledger system, the construction industry can achieve better transparency, improved efficiency, and a flat architecture where everyone has fast access to the funds they need when they need them. BUILD1x will solve the delayed payments problem by allowing users to create individual and company digital wallets utilized to move money quickly and safely.

BUILDCash is a cryptocurrency specifically for the construction industry. Though BUILDCash will eventually be an open market currency, the initial launch will be utilized in the BUILD1x Mobile App where users can pay for many goods and services. BUILD1x will also be a gateway for current and new construction professionals to obtain more BUILDCash when their supply is low. As the platform expands to more countries, so will the need for this currency.