Cryptoworld: SyncFab-Revolutionizing Manufacturing With Blockchain

Hello friends this time I will review about syncFab what is synfab and the advantages and advantages of syncfab itself see either ya friends.....

Introducing the Blockchain Project from SYNCFAB

Blockchain and smart contracts are beneficial as a way forward to Industrial Revolution 4.0, creating economies of scale and potentially combined supply. Decentralized manufacturing will make the industry more accessible, safe and economical for more participants in the peer-to-peer (P2P) ecosystem directly.

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.

Benefits to Hardware Innovators

Cheaper and high quality quotes from the source

On-demand purchasing, tracking, & reordering

Connect with a network of local vetted manufacturers

Secure transactions and communications through smart contracts

Benefits to Hardware Manufacturers

Eliminate marketing costs by having buyers directly connect to your manufacturing facility

Guaranteed payments through smart contracts

Complete control of your pricing & capabilities

Less headaches of overhead and processes to focus on producing the best quality products

The MFG Token is a utility token used to reward purchasers and manufacturers, make payments,protect intellectual properties, promote trust and transparency through the execution of smart contracts on the blockchain https://blockchain.syncfab.com/SyncFab_MFG_WP.pdf

Token Sale

• Early Adopter Exclusive Sale - Nov. 15, 2017

• Public Presale - Jan. 1, 2018

• Public Main Sale - Feb. 15, 2018

1 ETH = 1,250 MFG ~ $0.20.

Hard Cap : 60,000 ETH

Total Supply : 1,000,000,000 MFG

The final value will be determined by the sale.

Strategic Partnership Adoption Pool 30%

Public Market 30%

Founders, Advisors, Bounty 10%

SyncFab (Technology Development) 15%

Smart MFG Tech (Ecosystem Health) 15%