What is a DAO and why does it matter to AEC?

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Introduction Blockchain technology has revolutionized many industries worldwide, and the Architecture, Engineering, and Construction (AEC) industry is no exception. A significant innovation in this context is the DAO, which is a "Decentralized Autonomous Organization". A DAO is a blockchain-based organizational structure that operates decentralised, enabling transparent and collaborative decision-making and facilitating participatory governance. In this article, we'll explore what exactly a DAO is and why it's relevant and important to the AEC industry. What is a DAO? A DAO is an autonomous, organization-like entity that operates through smart contracts on a blockchain network. Unlike a traditional company, there is no hierarchical structure of power, nor the need for intermediaries such as managers or executives. Instead, decision-making is carried out collectively and transparently, through voting based on ownership of tokens or units of the DAO's native c...

A Short History of Revit

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Revit was brought to the industry by Charles River Software founded by in 1997 in Newton, Massachusetts. The intent was to bring the parametric design to the building industry through a graphic interface rather than using a programming language. There were other platforms that were attempting the same thing, and many of those programs still exist.

ArchiCAD wasn't quite what they were thinking of: and so the idea for something like Revit was born.

Irwin and Leonid both worked at the Parametric Technology Corporation where if memory serves correct they worked on Pro-Engineer. They both decided around the same time (1998 or so?) to fill this void in the architectural CAD world.

Charles River Software was renamed Revit Technology Corporation in 2000, Revit 1.0 was released in the same year, and AutoDesk purchased the company two years later solidifying its place as a major player in the building industry.
revit-juan-osborne
Image credit: http://www.juanosborne.com/

Further Reading:
https://en.wikipedia.org/wiki/Autodesk_Revit

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