Sync Fab: REVOLUTIONIZING MANUFACTURING

in #cryptocurrency6 years ago

Good day readers.  Around the world are small and huge enterprises for production. All these enterprises operate in various fields of activity. Production can not exist without freight, timely deliveries, the end price depends on the supply, because the more expensive it is, the more expensive the product. The high price due to supplies, and there is that negative factor that will try to unravel the startup.The SyncFab team is here to work on that, the team came with a great idea to work on a project called  SYNCFAB, the platform works in the field of supply.  This project came about as a result of various prevailing problems which will be discussed. 

 What is Sync fab?

 SyncFab is a new decentralized platform based on blocking technology, which uses IOT, smart-contract. It revolutionizes production, connecting buyers directly with equipment manufacturers. Syncfab creates the world's first supply chain for peer-to-peer manufacturers. The relationship of buyers with manufacturers in IIOT goes through the B2B SaaS ecosystem. In this way, buyers and manufacturers will be able to automate and establish procurement processes and supply chains. 

 With the help of adaptive services, SyncFab will help to change production processes for high-tech intelligent plants and those who study process optimization. After all, the main factor is the reduction of maintenance costs.SyncFab has a very good and influential customer base. 

This platform uses modern technologies, such as SmartBase SmartBackchain. MFG Utility Token is also present, which is necessary to stimulate the community to adopt block technologies. The massive introduction of blocking materials into the supply chain will be possible thanks to a trusting relationship between buyers, developers and manufacturers, which will be based on more transparent conditions, where small, medium and large enterprises will be able to access the chain block, which is currently not available. 

BLOCK CHAIN TECHNOLOGY

 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. 

   To solve the problems commonly encountered by most investors, syncfab comes to the decision by providing intelligent solutions with a platform that helps the performance and ease of access to their accounts. The goal is to create an ecosystem that conceptualizes the mutual benefit between traders and users, as well as a platform that can permanently maintain revenue stability. 

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 unite and integrate best practices and share wisdom from multiple perspectives. 

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

ROAD MAP

 

MFG Token Powered Supply Chain

The MFG Token is a utility token used on the SyncFab platfrom to reward purchasers and manufacturers, make payments, protect intellectual properties, promote trust and transparency through the execution of smart contracts on the blockchain

  • Create unique bid auctions to incentivize manufacturers for faster quotes with MFG
  • MFG loyalty rewards can be offered for consistent reorders
  • Buyers are qualified through an upfront MFG token commitment
  • Manufacturers can provide discounts on the quoted price with MFG tokens

 

  • Token Name: Smart Manufacturing Token
  • Token Symbol: MFG
  • Total Supply: 1,000,000,000 MFG
  • Allocated market (public) supply: 300,000,000 MFG (30%)
  • Pre-Sale Start Date: November 15, 2017
  • Pre-sale will conclude when allocation is deemed exhausted or on February 15, 2018.
  • Main Public Sale Date: February 15, 2018
  • 1 ETH = 5,000 MFG
  • Minimum Goal: 500K USD (500 ETH)
  • Soft Cap: 15M USD (15K ETH)

For more information visit

 Official website:  https://blockchain.syncfab.com/
White Paper:  https://blockchain.syncfab.com/SyncFab_MFG_WP.pdf
ANN:  https://bitcointalk.org/index.php?topic=2286102.0
Telegrams:  https: //t.me/syncfab 

Author: https://bitcointalk.org/index.php?action=profile;u=1082634

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