P2P Blockchain for the Manufacturing Supply Chain
SyncFab is a Silicon Valley based Decentralized Manufacturing Platform revolutionizing Manufacturing & Supply Chain Management through IoT, Smart Contracts & Blockchain technology. We’re an established business with deep experience in the industry, a working commercially viable product, public and private contracts, government partnerships and recognition from the White House’s Clean Energy SMART Manufacturing program last year under the Obama Administration. We’re aiming to disrupt the manufacturing industry by creating the world’s first peer-to-peer blockchain for the manufacturing supply chain with streamlined procurement, production, secure payments and tracking of transactions on the blockchain with smart contracts.
SyncFab is a technology company established in 2013 and headquartered in Silicon Valley, with the goal of connecting purchasers with manufacturers through the dynamics and innovations of the IIoT.
security Not VerifiedHow to verify ICO?
Share this ICO
About SyncFab Silicon Valley-based SyncFab aims to harness technologies and connect with the IoT and the IIoT to provide purchasers and manufacturers with high quality data that would streamline processes along the supply chain. Connecting purchasers with manufacturers in the IIoT through its business-to-business (B2B) SaaS ecosystem, SyncFab creates 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. While the government built the Internet (ARPANET), SyncFab believes the IIoT will be built collaboratively, through public-private partnerships (of which SyncFab has formed). Such cross-sector partnerships will collect and combine best practices and share wisdom from multiple perspectives. Inventors, innovators, and designers enter an interactive, cloud-based portal where a growing network of certified machine shops and advancedmanufacturing facilities are mapped by several criteria, such as, who is local and clean. With SyncFab’s curated 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. A recent report found that U.S. companies spent an estimated $20 billion in 2012, and are forecasted to spend approximately $500 billion by 2020 on smart technologies. In the 2016 Forbes’ Manufacturer Outlook, 32% of companies surveyed said their corporate strategy largely relies on integrated technologies via the IIoT. See Chart: Putting Technology in the Supply Chain. These forward-looking companies are the customer base for SyncFab’s services. Essential to SyncFab’s Smart Manufacturing Blockchain will be the use of the MFG Utility Token, a first of its kind to incentivize community users to embrace blockchain technology. Core to the blockchain’s adoption is a shared sense of trust between purchasers, developers and manufacturers built on a public and more transparent supply chain system, where small to medium-sized manufacturers can access a blockchain and be a supplier in spaces where they are currently obscured. For example, to compensate for work done on RFQs creates more responses to the just-in-time needs of supply chain purchasers and buyers. Purchase managers cut through trust issues and delays with blockchain’s inherent transparency into cost and quality control. With the MFG Token’s launch, SyncFab serves as an early adopter, protocol developer and integrator of Smart Contracts into the manufacturing supply chain blockchain. The MFG Token will be utilized firstly on SyncFab, secondly on SyncFab's soon to be developed Smart Manufacturing Smart Contract Ethereum Blockchain and ultimately adopted by new and emerging partner manufacturing supply chain blockchains using SyncFab's developed blockchain smart contract protocols or their own with the industry's first MFG Token Smart Contract-based incentive mechanism. The MFG Token will be integrated on the SyncFab platform which has a strong network launchpad built out from public-private partnerships. Though it’s designed to serve a public, peer-to-peer Smart Manufacturing Blockchain, it’s utility is designed to be complementary to third party standalone solutions, such as those future supply chain blockchains which are more inward-looking, private enterprise based supply chain blockchains.
The MFG Token is a Utility Token that will become a vital part of the SyncFab platform and operating partner manufacturing supply chain management ecosystems. SyncFab will be a supply chain management tool to procure, track and organize local parts production using smart contracts on the Ethereum blockchain network.
News & Media
Jul 1, 2019, 3:00:58 AM
May 28, 2019, 8:32:08 PM
May 9, 2019, 8:09:14 PM
Apr 11, 2019, 12:19:30 AM
Mar 29, 2019, 9:14:05 PM
Mar 28, 2019, 5:28:50 PM
Feb 28, 2019, 6:57:18 PM
Feb 21, 2019, 10:09:02 PM
Feb 15, 2019, 2:27:40 AM
Feb 13, 2019, 12:12:28 AM
How to verify ICO
To get a verified status, you need to place a our logo with the link on your ICO's website and make an announcement of the listing in your social network accounts.
Other Interesting ICOs
No matter what roofing type your premise has, you can be sure to get the best roofing solutions at Frisco Roofing Pro. Frisco roof repair is the specialist...
zeosX is the World First Cryptocurrency Bank. We aim to redefine the future of finance for a world-class banking experience. Built based on a finance...
PUC Token is a new wave of social media that is being built on blockchain technology. We give control of the profile back to the owner and empower the user...
Reliable fast cryptocurrency for the convenience of people and the progress of mankind
SportGift, the first sports app that gives you prizes.SportGift, the first sports app that gives you prizes. Sporgift is a sports mobile app that will track...
Synthesis of the latest achievements in prospecting geomorphology (structural geomorphology), computer modeling of sedimentological processes, fractal...