Unique Selling Points (USPs)
Unique Selling Points (USPs)
14Build is not just another project management tool; it is a game-changing solution tailored specifically for the construction industry. Our platform integrates modern technologies like blockchain, on-chain escrows, and decentralized user management to deliver unmatched transparency, efficiency, and collaboration.
Here are the key Unique Selling Points that make 14Build a revolutionary platform for clients, contractors, and stakeholders.
1. On-Chain Transparency
- Every project, tender, and payment is stored on the blockchain, ensuring trust, security, and traceability.
- Immutable records prevent tampering and disputes.
- Key on-chain data includes:
- Project ID and milestones.
- SOQs (Schedule of Quantity) variations and updates.
- Tenders (RFPs and RTSs) with bid history.
- Escrow payment records.
Benefit: Full transparency for clients and contractors to monitor progress, payments, and changes.
2. Integrated SOQ (Schedule of Quantity)
- Dynamic SOQ Management: Manage materials, labor, and costs seamlessly within a single project.
- SOQs are linked directly to:
- Project creation and cost estimation.
- Tender workflows (RFP and RTS submissions).
- Real-time updates and variation management.
Benefit: Accurate cost management and standardized workflows for better project planning and execution.
3. Blockchain-Powered Escrow Payments
- Secure, milestone-based escrow payments tied to proof of work submissions.
- Funds are released only when the client verifies milestone completion.
- Supports quick escrows for immediate payment processing.
- Powered by Stellar blockchain for efficiency and reduced fees.
Benefit: Reduces payment disputes and builds trust between clients and contractors.
4. Public and Private Tenders
- Clients can choose between public tenders (open to all contractors) or private tenders (invite-only).
- Manage tender workflows efficiently:
- Create RFPs tied to project SOQs.
- Receive RTSs (bids) with cost breakdowns, attachments, and timelines.
- Compare bids and award projects.
Benefit: Flexible tendering options for clients to source the best bids while ensuring competition and confidentiality.
5. Decentralized User Management
- Seamlessly manage in-house users and external contacts.
- Use Decentralized Identities (DIDs) to create trusted, verified user profiles on the blockchain.
- Invite users, assign roles, and manage permissions with ease.
| User Types | Description |
|---|---|
| In-House Users | Users signed in to the platform with DIDs and active roles. |
| External Users | Contacts imported by the client; optional onboarding. |
Benefit: Flexible user management that accommodates both signed-in users and external contacts.
6. On-Site Management Tools
- Track real-time progress and updates with:
- Daily Logs: Record on-site activities, crew performance, and issues.
- Safety Compliance: Checklists and regulatory tracking for safety adherence.
- Variation Management: Update SOQs dynamically as changes arise during construction.
Benefit: Real-time visibility into on-site progress reduces delays and enhances project control.
7. Networking Hub for Contractors
- Contractors can build professional profiles to showcase:
- Certifications, portfolios, and previous projects.
- Reviews and ratings from past clients.
- Clients can:
- Search contractors by category (e.g., Electrical, Plumbing, Structural).
- Directly invite contractors to private tenders.
Benefit: A professional networking hub that connects clients with the best contractors, tradies, and consultants.
8. Flexible Monetization Model
- Pay-As-You-Go: Clients and contractors pay for features as they scale.
- Subscription Plans: Tailored plans for clients and contractors, covering:
- Unlimited projects and tenders.
- Escrow transactions.
- Networking and team management tools.
Benefit: Cost-effective and scalable pricing for projects of any size.
9. Cutting-Edge Security
- Integration of Stellar Passkeys for seamless and secure biometric authentication.
- Optional KYC verification ensures users are trusted and legitimate without storing sensitive data.
- All data is encrypted and protected to meet modern security standards.
Benefit: Secure authentication and data privacy for all users.
10. Scalable and Efficient Architecture
- Designed to support projects of all sizes, from small-scale builds to multi-million-dollar developments.
- Leverages off-chain for dynamic data like SOQs and on-chain for critical workflows like payments and identity.
Benefit: Reliable, fast, and scalable platform performance.
Why 14Build Stands Out
| Feature | 14Build Advantage |
|---|---|
| On-Chain Transparency | Full traceability and immutable records. |
| SOQ Integration | Centralized cost estimation and project tracking. |
| Blockchain Escrow Payments | Milestone-based, secure payments. |
| Decentralized User Management | Manage signed-in and external users easily. |
| Tendering Flexibility | Support for public and private tenders. |
| On-Site Management | Real-time progress tracking and compliance. |
| Networking Hub | Build connections and streamline hiring. |
| Scalability | Supports small to enterprise-level projects. |
Conclusion
14Build’s unique features address the core challenges of the construction industry by delivering transparency, efficiency, and trust. With its blockchain-backed workflows, integrated SOQ tools, and decentralized user management, 14Build provides a complete solution for clients, contractors, and collaborators.