Hesam Hamledari’s Post

As an Insight Alum (and now faculty!), I highly recommend this program to Advanced Degree Professionals eager to learn about the exciting client work and careers here at McKinsey!

Highly recommend the Insight 2023 program to my fellow Stanford advanced degree connections - Join us to learn about the exciting opportunities McKinsey has to offer! Happy to chat if you have questions.

I’m humbled to hear one of my doctoral works with Martin Fischer at Stanford University has received the 2022 Best Paper Award by ASCE. This piece heavily weaves in concepts from philosophy (scholarly work by John Searle) into engineering and computer science to explore the ‘why’ of Blockchain and Smart Contracts for construction payments. Given the heavy dose of philosophy, I initially had doubts about sharing the work with the engineering community, and of course it was Martin that empowered me to write the piece. When seeing my reservations, he said to me (what I’d never forget) that I’m pursuing a doctor of “philosophy” degree after all, and it’s ok if I “philosophize” a bit :) That was the unlock! I exercised utmost freedom in writing this one, and I’m glad it was well received. https://lnkd.in/g7djCZqw

My doctoral work with Martin Fischer at Stanford featured in the cover article for the latest issue of the Informed Infrastructure magazine. In an interview with IFM, Martin and I share our perspectives on the current and future state of reality capture in construction and engineering industry. "In one incredible mashup of recap, robotics, AI and blockchain technology, Stanford’s Fischer and Hamledari, along with their industry colleagues, used lidar-equipped unmanned ground vehicles and camera-equipped aerial drones to automatically scan a project site, document and verify construction progress, and, using a blockchain-enabled smart contract, automatically issue conditional lien waivers from the contractor to the owner and issue payments from the owner to the subcontractors. Hamledari sees the future of recap developing in three areas: ...."

Free access to what is my very last academic work (link active for 50 days)  Despite their potential, blockchain and smart contracts are some of the most overhyped, overpromised, and misunderstood technologies, and there is little data supporting their effectiveness outside Fintech. Our newly published paper addresses this gap. In this work, Martin Fischer and I discuss the impact of blockchain-enabled smart contracts on the visibility of construction supply chain and in a case study of construction payments.   The insights help engineering and construction firms identify the right opportunities for adoption based on their business needs, the availability and quality of their data, and the granularity and the nature of their information needs.