The Productivist blockchain project has an ambitious goal of changing the way the world thinks about manufacturing. Productivist grew out of Freelabster, an existing business that connected 3D printing professionals with manufacturing clients. Freelabster was successful, but with Productivist, the functionality and innovation of the blockchain have been added. Freelabster is already operational in 10 different European countries and in 7 different languages, which makes it different than most blockchain projects that are just starting out. What separates Productivist is the level of service. The platform has an average turnaround time of 48 hours, and since Freelabster was founded in 2016, has printed over 100,000 items. Let’s take a closer look at the Productivist project.
How Productivist Works
Productivist works by establishing a scoring system for manufacturers and clients. Individuals on the platform can check out a manufacturer’s score, which is between 100 and 1,000. This score indicates things such as location, the material used, and time of delivery. The system also functions as a community of manufacturers and a network of experts. On the Productivist system, manufacturers can discuss and improve processes for clients. Productivist aims to be a global platform that will ultimately recruit manufacturers from all countries around the world. This will help to increase production efficiency.
Decentralization In Manufacturing
One of the biggest problems in manufacturing is the reliance on centralized institutions. There isn’t much choice for local businesses who are often forced to pay higher rates for manufacturing. This leads to higher costs for everyone and inefficiencies in the company’s operations. This doesn’t have to be the case. Productivist works by giving businesses options. They can use Productivist to find a manufacturer that meets their specific needs based on a particular set of criteria. Everything is recorded on the public blockchain to promote transparency, and users don’t have to worry about platform censorship. Decentralization is likely one of the next big shifts in the manufacturing industry.
Why Productivist Is Likely To Succeed
Productivist is likely to succeed because the platform has already had success with Freelabster. Most cryptocurrency projects are just starting out, and are raising money to put their ideas out into the world. That isn’t the case with Productivist. The team has already developed a platform that reached across the European continent and was delivered in several different languages. That means that the Productivist team is highly competent and motivated. They’ve faced competition before and had success. Remember, over 100,000 items have already been 3D printed on the Freelabster platform. That is a significant number and shows that there is demand for the project and that it is scalable.
The Productivist team has done a fantastic job of promoting their project (https://bountyhive.io/join/Productivist). There is excitement in the cryptocurrency community as well as in the manufacturing world. If Productivist finds success, then it could quickly become the number one manufacturing option for cryptocurrency projects. Because manufacturing is such a large need globally, Productivist could also introduce millions of other people around the world to crypto. Productivist’s product is ambitious, but they have the team and the knowledge to get the job done. It helps that they’ve already had success with Freelabster, their existing business.
Written by: liveheart
BountyHive ID: liveheart
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