Syncfab brings manufacturing supply chain to blockchain - Syncfab ICO review

in ico •  7 years ago 

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Syncfab revolutionizes manufacturing by connecting buyers directly to hardware manufacturers. Through the Smart Manufacturing Blockchain, purchasers and manufacturers will be able to streamline the procurement and supply chain processes, protect intellectual properties, source, and track parts production in real time and ondemand.

Public Main Sale – Feb. 15, 2018

Syncfab ICO review

How SyncFab's Dapp works?

SyncFab is the first peer-to-peer Industrial Internet of Things (IIoT) manufacturing blockchain for the hardware manufacturing supply chain. Manufacturers list their machining capabilities straight to our platform and Hardware buyers can send part orders directly to them. Smart contracts guarantee production standards, protect Intellectual Property and guarantee payments. Blockchain makes the supply chain more efficient and cost effective. This will all be powered by MFG Utility Token.

MFG token

The MFG Token is a utility token used to reward purchasers and manufacturers, make payments, protect intellectual properties, promote trust and transparency through the execution of smart contracts on the blockchain.

Benefits to Buyers

  • Cheaper and higher quality quotes from the source
  • On-demand purchasing, tracking, and reordering
  • Connect with a local network of vetted manufacturers
  • Secure transactions and connections through smart contracts

Benefits to Manufacturers

  • Eliminate marketing costs by having buyers directly connect to your manufacturing facility
  • Guaranteed payments through smart contracts
  • Complete control of your pricing & capabilities
  • Less headaches of overhead and processes to focus on producing the best quality products
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