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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 TypesDescription
In-House UsersUsers signed in to the platform with DIDs and active roles.
External UsersContacts 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

Feature14Build Advantage
On-Chain TransparencyFull traceability and immutable records.
SOQ IntegrationCentralized cost estimation and project tracking.
Blockchain Escrow PaymentsMilestone-based, secure payments.
Decentralized User ManagementManage signed-in and external users easily.
Tendering FlexibilitySupport for public and private tenders.
On-Site ManagementReal-time progress tracking and compliance.
Networking HubBuild connections and streamline hiring.
ScalabilitySupports 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.