Syncfab - Helping You Create A Smarter Manufacturing Business

At the beginning of Ethereum Blockchain tech, there was no way of knowing whether or not it was going to be a success. Bitcoin, the first ever successful Blockchain business, stunned and amazed the world with their revolutionary new cryptocurrency. And now, after nearly 10 years of continuous Bitcoin experience, we've been able to correct the original design flaws and make it a much more reliable form of global technology.

Syncfab uses the Ethereum Blockchain as its software engine to process orders, distribute data, provide a private data hub for communications, form digital Smart Contracts, and more. Along with it, you get complete transparency through a decentralized, distributed ledger. Anyone in the world can see what happens on the Ethereum Blockchain with just a few simple mouse clicks. So hiding events are impossible. Also, once events are finalized on the Blockchain, they can't be altered to suit fraudulent purposes.

Info-cypher bits containing previous event data must match up with Blockchain nodes when a transaction is initiated. If they don't, then further transactions can't take place. This reduces fraud and helps keep the Blockchain community safe.

Syncfab Combines Multiple New Technologies To Achieve Success

Tokenized Incentives For Participation - Reward programs for high performing buyers and sellers on the Syncfab Blockchain provide compensation for achievements. For example, providing timely quotes or meeting time-sensitive production deadlines. In most manufacturing agreements, there's no form of community-wide incentivized participation.

"Hack-Proof" Decentralized Ledger - Because Blockchains are extremely difficult to hack, they're perfect for large corporations and businesses that need to keep a close eye on sensitive data like financial information. Blockchains can contain millions of "synced" computers on a single peer-to-peer network, making fraudulent event registration extremely difficult to achieve.

Smart Technology / Smart Contracts - The Syncfab digital Smart Contract system gives you the ability to customize your contract to be exactly the way you want it to be. You can decide to name anything you want as a digital asset, set time requirements, set event schedules; it's completely up to you! And because they're digital and peer-to-peer.

Trustworthy Manufacturing For Local Businesses - Because of the highly secure nature of the Blockchain, local efforts to keep manufacturing efforts "pure" and corruption-free is easier to achieve. Together with locally sourced manufacturers, communities can create private ecosystems that are able to serve their own local area without the need for outside involvement.

The Time To Upgrade Your Supply Chain To Ethereum Technology Is Right Now

If you take a look at all the new and improved ways the Ethereum Blockchain can help you improve, it makes perfect sense to start using it for your business. And while Syncfab and the Blockchain might not be the way the manufacturing industry does business currently, it will be replacing the great majority of our current technology very soon. Learning the skills required to be proficient in using the Ethereum Blockchain will have a lot of advantages as it becomes a mainstream business include.
For more information about SyncFab and their offerings please visit our website https://blockchain.syncfab.com/ , Telegram, ANN Thread, BOUNTY Thread

Image credit