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.
Website: https://blockchain.syncfab.com/
Silicon Valley-based syncFab aims to leverage technology and access together with IoT and IIoT to provide costumer and manufacturer along with high-quality data that will streamline processes along the supply chain. Linking customers together with manufacturers in IIoT through the business-to-business SaaS (B2B) ecosystem, SyncFab creates a public peer-to-peer ecosystem where customers can find companies that can execute precision machineries to precision demand processing sections and involve vibrant participants to increase efficiency within the supply chain. While the government is building the Internet (ARPANET), SyncFab believes that IIoT will be built collaboratively, through public-private partnerships (which SyncFab has formed). This cross-sectoral collaboration will unify and integrate best practices and share wisdom from multiple perspectives.
Syncfab revolutionized the manufacturing supply chain system. It connects buyers directly to hardware manufacturers through blockchain, and the basic element of smart manufacturing blockchain is the use of the MFG utility token, which is the first time a community user is encouraged to use blockchain technology. The core of blockchain adoption is the shared trust between buyers, developers and producers over public and more transparent supply chain systems, where small and medium-sized producers can access blockchain and become a hidden space today. At the supplier.
Hardware innovators eliminate the costs and income of brokers and brokers. We connect you directly with hardware manufacturers and provide unobstructed tracking of production. Hardware manufacturers eliminate marketing costs by requiring buyers to connect directly to your manufacturing facility. SyncFab guarantees payment through our smart contract and gives you full control over your prices and features.
Hardware innovator
Eliminating brokers and brokers to lower your costs and increase your income. We immediately connect you to the hardware manufacturer and add tracking produces without a hitch.
Hardware manufacturer
Eliminating shared marketing costs require customers to access your manufacturing facility immediately. SyncFab guarantees payment through our smart contract and gives you full control on your price & skill.
Benefits to Hardware Innovators
Cheap and high quality quote from source
Purchase, tracking, & reordering match requests
Connect with a local vetted manufacturer network
Secure transactions and communications through smart contract
Benefits for Hardware Manufacturers
Eliminating shared marketing costs require customers to access your manufacturing facility immediately
Secured payment through smart contract
Full control of price & your skill
Less overhead and system headaches to focus on producing the best quality together product
In th. 2014 export goods in the United States are estimated at $ 1.4 trillion, and available worldwide growth is expected at $ 15 trillion in th. 2030. In addition, companies in the United States invest heavily in IIoT technology, with spending estimated at around $ 20 billion in 2012 and a forecast projection of $ 500 billion in th. 2020. This investment is expected to result in an investment return on international GDP as high as $ 10 - $ 15 trillion in th. 2030. For every dollar spent on manufacturing in the United States alone, $ 1.81 is expected to be added to the economy.
The MFG Token is a utility token used to reward buyers and producers, make payments, protect intellectual property, promote trust and transparency through the execution of smart contracts in blockade.
Token Sale
Token Information
Token Symbol: MFG
Token Type: ERC20
Token Supply: 1,000,000,000 MFG
Token Available on Sale: 300,000,000 MFG
Token Price: 1 ETH = 5,000 MFG
Token Sale Date:
Pre Sale: November 15, 2017
Public Sale: February 15, 2018
Soft Cap: USD 15 million (15k ETH)
Hard Cap: USD 30 million (33k ETH)
Their tokens are called MFGs that describe the Smart Manufacturing Token. Their MFG is a Token Utility created to provide incentives to community users. The token has been made with Ethereum ERC-20 standard, with Total Supply of 1,000,000,000 MFG. Pre-sale has commenced on November 15, 2017 and will run until February 15, 2018.
The main token sale will begin on February 15, 2018 where the cost is 1 ETH = 5,000 MFG.
They also have a bonus system whereby professional manufacturing chains and suppliers will receive + 50% bonus on Token MFG and prospective early applicants will qualify for a 25% MFG Token bonus.
Conclusion
Currently up to date, there is no blockchain-based platform that can link Purchasers and Manufacturers directly. SyncFab will be the first platform that will revolutionize the Manufacturing Industry in our world. With SyncFab, our Manufacturing System will advance and progress to the next level of Technology in our world.
Syncfab Team:
Jeremy Goodwin, Chief Executive Officer
Andy Tong, Chief Strategy Officer
Jay Ligda, Chief Technology Officer
Dennis Delgado, Chief Design Officer
Victor Nguyen, VP Product & Operations
Ben Gerstein, VP Marketing
Michael Santore, Head of Public Relations
Sharon Wang, UI / UX Designer
Tam Du, Blockchain Engineer
Ali Zain, Developer Blockchain
ADVISORY BOARD
Mike Jones, Internet executive, investor and strategic adviser and CEO of Science, Inc.
Alan Safahi, Founder and CEO of ZipZap, Inc., a payment platform to move money around the world.
Michael Wong, Information Security Manager has experience with work history in the financial services industry.
Mark Crone, Managing Partner of the Crone Law Group, specializing in companies, securities.
Chris Cheng, a senior mechanical product designer who has expertise in consumer electronics and medical equipment
For more details see the website below;
https://blockchain.syncfab.com
https://bitcointalk.org/index.php?topic=2286102.0
https://blockchain.syncfab.com/SyncFab_MFG_WP.pdf
https://twitter.com/syncfab
https://web.facebook.com/syncfab/?_rdc=1&_rdr
https://t.me/syncfab
https://www.reddit.com/r/syncfab/
Author ; adifariz
ETH : 0x48CeC0d6baa75D069eA06A59D6Ed8916E94ef19A
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