Developed at the University of Texas, Devolution Technologies is a collaborative blockchain project that helps cities prioritize and finance P3 proposals.
The cost of delay in rebuilding America’s infrastructure has grown in five years from $3.7 trillion to nearly $3.9 trillion, with prolonged inefficiencies now approaching in magnitude the entire United States infrastructure backlog of $4.6 trillion.
In order to meet these challenges—only exacerbated by an urgent transition to renewable energy—America must first rebuild its legal infrastructure so that vital projects can move forward with bipartisan agreement.
Our cross-chain network aims to accelerate capital allocation by allowing project stakeholders to create and maintain unique DAOs (decentralized autonomous organizations) within the construction value chain. Thereby reducing the need for hierarchical human intervention, and distributing risk assessment applications in which multiple untrusting stakeholders collaborate but may not completely agree on the outcome.
Projects include civil works in urban transport, water treatment, edge computing integration, and community microgrid enablement.
