Physical and digital assets can be represented as “tokens” of value on the shared distributed registries, allowing the tokens to be directly traded among network participants. In essence, these core capabilities allow for the use of cryptocurrencies (e.g. Bitcoin, Ether) as well as tokenised digital records (e.g. property rights, physical property rights) in the context of the infrastructure lifecycle, from financing, and procurement, through tendering and operations. Greater standardisation of contracts and documentation in the bidding and procurement stages of the infrastructure project life cycle is critical to reducing their cost and complexity, as well as facilitating their comparability.