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Sunday 18 February 2018

SyncFab - Smart Manufacturing Blockchain

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Manufacturing industry is an industry whose main activity is to convert raw materials, components, or other parts into semi-finished or finished goods that meet the specification standards. Manufacturing industry is generally capable of producing on a large scale but many also produce small and medium scale. The rise in demand for the international manufacturing industry market has an impact on the competitiveness rating of the industry. Many emerging players manufacturing industries in various small and medium scale. However, small and medium scale industries usually experience some obstacles in their development. Not infrequently these obstacles make the manufacturing industry bankrupt. Things that become obstacles in the development of small and medium industries such as

  • The role of small and medium scale industries in the manufacturing industry chain is still not optimal.
  • The quality of human resources is still relatively low.
  • Unavailability of reliable energy with competitive price.
  • Limitations of industry financing sources, especially from the diversity side.
  • High costs associated with brokers and procurement agencies when looking for materials
  • Minimum height for production due to time spent on finding the right manufacturing supplier. Data on: track record of performance, quality, and size of contracts between buyers and producers remain within the silo.
  • Difficulty in seeing the capacity and ability of producers to achieve economies of scale in the supply chain
  • Difficulty tracking progress along the supply chain (when buyers and manufacturers face delays, or need to solve problems in real-time during the production process)
  • Loss in working hours for inefficient procurement processes
  • Security concerns about intellectual property protection


These constraints or barriers are a problem to be solved. With the current technological developments such as blockchain are expected to handle these barriers. The adoption of a decentralized system in the manufacturing industry is possible for now. Currently also present SyncFab's Smart Manufacturing Blockchain project. SyncFab seeks to decentralize manufacturing industries through peer-to-peer ecosystems between stakeholders and the public.


SyncFab

SyncFab is a platform that will help small and medium manufacturing companies in the manufacturing supply chain, and provides a comprehensive set of solutions to engage non-isolated and inaccessible manufacturers to expand their inter-industry network and encourage collaboration to meet global production demand. The SyncFab platform offers a more transparent, efficient, and sustainable ecosystem of peer-to-peer ecosystems supported by the MFG Utility Token. In addition SyncFab offers several advantages such as transparency, incentives for users and much more to be explained as follows:



  • Re-shaping supply chain management through a public, direct peer-to-peer (P2P) manufacturing ecosystem 

The traditional manufacturing economy model has several drawbacks: lack of transparency and inaccessibility. It gives privileged access to centralized asset controllers. In addition it is usually controlled by conglomerates and brokers that control the network. With the SyncFab platform you can have access to it using the public and peer-to-peer (P2P) ecosystems, paving the way for a fully decentralized supply chain management environment. Innovators, suppliers, and manufacturers regain control of the success, quality, and delivery of their products.


  • Incentivizing Change in Supply Chain Management 

By using the SyncFab platform then you will use MFG Token. The use of the SyncFab platform provides incentives for users. Incentives include the MFG token, in a decentralized system, users dictate the ecosystem's economy of scale by incentivizing and rewarding its community users.


  • Smart Manufacturing Blockchain 

SyncFab’s Smart Manufacturing Blockchain Smart Contract Protocol will utilize blockchain’s system of records to match purchasers with their most ideal manufacturers. 


Comparing various manufacturer’s order histories, machine capacities, and previous product designs to a purchaser’s project criteria, the Smart Manufacturing Blockchain will directly link purchasers to manufacturer, expediting procurement and production without brokers or banks. 


  • Smart Contracts for Transparent Procurement Processing 

Using SynFab’s future procurement process, Smart Contracts will store RFQs, quotes and encrypted intellectual properties, on the Smart Manufacturing Blockchain, but only allow access to those with allocated rights to track, record and monitor a manufacturers’ assets.


  • Smart Business Model for Decentralized Supply Chain Management

The Smart Contract proof of concept is where SyncFab plans to develop and improve Smart Contracts by adjusting and tailoring contracts to purchasers and manufacturers “real-life” and relevant procurement processes.


The MFG Token 

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
We will be accepting ether (ETH) as the form of payment.
1 ETH = 5,000 MFG 
Minimum Goal: 500K ETH (500 USD) ~ This is our minimum goal. If the amount is not reached, we will refund all ETH contributed in the crowdsale.
Soft Cap: 15K ETH (15M USD)
Hard Cap: 33K ETH (30M USD) This is the maximum amount in MFG Tokens we’re looking to sell in the crowdsale.
Any unsold MFG allocated to the public market supply will be destroyed after the distribution event. 

Roadmap

Q4 2013

  • SyncFab concept created


Q2 2015

  • SyncFab 1.0 launches Local Product Development Design and Manufacturing Ecosystem


Q1 2016

  • Cities of San Francisco and San Leandro select SyncFab for STIR Civic Technology Partnership Program


Q3 2016

  • White House and DOE add SyncFab into the Clean Energy Smart Manufacturing Innovation Institute (CESMII)


Q1 2018

  • SyncFab MFG Token Sale


Q4 2017

  • SyncFab MFG Token Presale


Q3 2017

  • SyncFab 2.0 launches Regional Advanced Manufacturing Parts Procurement Platform


Q2 2018

  • MFG Token integration into existing 2.0 platform


Q3 2018

  • Format Buyer Blockchain Smart Contracts


Q4 2018

  • Format Manufacturer Blockchain Smart Contracts


2019

  • Launch SyncFab 3.0 Decentralized Smart Manufacturing Blockchain Platform


Team




For more information about SyncFab, you can visit links below :
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Username Bitcointalk : Arifandi

Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1566717

ETH Address : 0x8d05B599687942Ed4EC008a95EEAa9565B738924


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