SynFab
Syncfab MFG is the first peer-to-peer Industrial Internet of Things (IIoT) manufacturing blockchain for the hardware manufacturing supply chain. Syncfab MFG is a decentralized manufacturing ecosystem that is involved in creating the world’s first peer-to-peer manufacturing supply chain and incentivized token system that is adapted for public and private blockchains. Given the problems of current manufacturing systems which bring lack of transparency and inaccessibility for a multitude of stakeholders within the supply chain, SyncFab’s solutions attempt to solve complex problems with some key innovations which are stated below: Re-shaping supply chain management through a public, direct peer-to-peer (P2P) manufacturing ecosystem , incentivizing changes in supply chain management, smart contracts for transparent procurement processing .https://blockchain.syncfab.com/. SYNCFAB MFG platform is here to provide permanent solution to the current burdens and challenges faced by small to mid-sized enterprises working within the manufacturing supply chain and inaccessible manufacturers and also to widening their inter-industry networks and encouraging collaboration to meet global production demands. With the introduction of SyncFab’s organized and adaptive services, companies attempting to shift their manufacturing processes to high-tech smart factories, and those exploring ways to optimize their “cost-to-serve” process (lowering overhead costs per customer account) can find solutions such as sourcing, tracking and organizing precision parts production and improved procurement systems. Syncfab is here to provide purchasers and manufacturers with high quality data that will help streamline the processes that are involved in the supply chain. Syncfab will help connect purchasers with manufacturers in the IIoT through its business-to-business (B2B) SaaS ecosystem. SyncFab will create a public, peer-to-peer ecosystem whereby purchasers can find companies capable of advanced machining of on-demand precision parts production and engage participants passionate about improving efficiencies in the supply chain. SyncFab will also provide technologies for a faster and streamlined buying process. The mark up usually equates to a much smaller quote compared to those received from purchasers without SyncFab. SyncFab anticipates that in a decentralized supply chain management network, markup fees will likely be eliminated. The MFG have a token, called utility token, which is being sold to current SyncFab users and early adopters of the Smart Manufacturing Blockchain. The MFG Token is an utility token that is used to reward purchasers and manufacturers, make payments, protect intellectual properties, promote trust and transparency through the execution of smart contracts on the blockchain The MFG Token will be integrated on the SyncFab platform which has a strong network launch pad built out from public-private partnerships. The token is based on the Euthereum platform. The token will be used to execute smart contracts, incentivize and reward purchasers and manufacturers who will be placing parts production orders within SyncFab and the Smart Manufacturing Blockchain. A total of 1000 000 000MFG, will be made available. The MFG token public presale date will start on the 15th of January, 2018. Any token purchase during this period will attract a 25% token bonus. During the public pre token sale, 1ETH will be equivalent to 1562.50 MFG. The main MFG token sale date will start on the 15th of February, 2018. 1ETH will be equivalent to 1250MFG. SyncFab will not officially accept Bitcoin (BTC) during the crowd sale in exchange for MFG Tokens. If you have Bitcoin, you can convert it to ETH. So hurry and be part of this life time investment
FOR MORE INFORMATION
https://www.reddit.com/r/syncfab/
AUTHOR BY KOTEB17
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