SyncFab - Blockchain for Hardware Manufacturing Supply Chain

SynchFab Smart Manufacturing Blockchain is a company that will make efforts to decentralize production through a public ecosystem with peer-to-peer communications using the MFG utility token.

https://blockchain.syncfab.com/

The United States and China account for more than a third of the world's gross domestic product (GDP), and their combined dominance in terms of GDP is expected to continue until 2050, especially if their industries switch to new production processes. According to the International Monetary Fund, the growth of production and trade is increasing the global economy as a whole. According to a study conducted by PWC and shared by the World Economic Forum in 2016, companies from all sectors around the world encompass "industry 4.0" and business in the digital age. 

About one third of the 2000 companies interviewed in 26 countries have already estimated their digitization rate to be high, and this figure is expected to increase from an average of 33% to 72% by 2020. In South Africa, the current level of digitization and integration is expected to increase from 27% to 64% by 2020.

https://blockchain.syncfab.com/

The use of the MFG utility token will be essential for SynchFab Smart Manufacturing Blockchain. It is the first token of its kinds that encourages community users to use blockchain technology. The key to the delivery of the blockchain technology is the general trust between buyers, developers and manufacturers based on the public and more transparent blockchain system where small and medium-sized producers can access the blockchain and be the supplier in the places where they are not currently available.

With the launch of MFG, Token SyncFab will become an early protocol developer and a Smart Contract integrator in the blockchain supply technology. The MFG token will be used, firstly, on SyncFab, and secondly, SyncFab will soon be developing the Smart Manufacturing Smart Contract Ethereum Blockchain. It will eventually be adopted by new and developing partners in Blockchain, using SyncFab's Blockchain delivery protocols and smart -contracts or their own MFG industries.

The MFG token will be integrated on the SyncFab platform, which has a strong network panel based on public-private partnerships. Although it is designed to serve a public, peer-to-peer Smart Manufacturing Blockchain, its utility is designed to support third-party stand-alone solutions, such as the future supply of the blockchain technology, which are more domestic-oriented by private blockchain supply technology.

Website: https://blockchain.syncfab.com/

White Paper: https://blockchain.syncfab.com/SyncFab_MFG_WP.pdf

Author:  https://bitcointalk.org/index.php?action=profile;u=980049