Syncfab MFG Token is a Utility Token that will become a vital part of the SyncFab platform and operating partner Manufacturing Supply Chain management ecosystems. SyncFab will be a supply chain management tool to procure, track and organize local parts production using smart contracts on the Ethereum blockchain network.Creating the world’s first peer-to-peer manufacturing supply chain and incentivized token system adapted for public and private blockchains.
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Creating the world’s first peer-to-peer manufacturing supply chain and incentivized token system adapted for public and private blockchains.
The team behind the MFG is currently working with legal counsel to ensure that the MFG
Token Distribution Event is fully compliant with all applicable federal and state securities laws.
Technology Meets Global Demand
Forging into the Industrial Revolution 4.0, U.S. manufacturing companies (95% of which
are independent, small- to medium-sized shops) must solve issues that currently hinder
production, and find ways to aggregate their capacity to handle global demand more
Features For Syncfab
SyncFab’s Contribution to the Industrial Revolution
Silicon Valley-based SyncFab aims to harness technologies and connect with the IoT and the IIoT to provide purchasers and manufacturers with high quality data that would streamline processes along the supply chain.
Raving the Burdens of Today’s Manufacturing
U.S. companies investing heavily in IIoT technologies https://coinworldstory.com/gese/stand to gain yields from global
demand as high as $10-$15 trillion by 2030, according to an Accenture Technology
report. Investments in such technology are limited to large conglomerates, while the
8 vast majority of independent, small- to medium-sized companies still face well-known
burdens within the manufacturing process, such as.
Security concerns about protection of intellectual property
Security concerns over intellectual property remain a scrutinized topic within the industry. In “Cyber Risk in Advanced Manufacturing,” a study done by Deloitte, only 52% of executives surveyed felt confident or extremely confident their organization’s assets were protected from external threats. Some 48% felt somewhat confident or less confident.
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