Blockchain has vast use cases, many businesses and industries are already implementing and benefitting from the blockchain technology. The future belongs to the blockchain technology, recently many universities all around the world are starting new study courses based on the blockchain technology, which will help promote and adopt the use and avail the benefits of this technology. It is inspiring to know that a startup is using blockchain for the benefit of both the manufacturing sector and the customers, where the costs can be significantly reduced by cutting out the role of the brokers and dealers between the manufacturers and the sellers.
Syncfab Concept:
It is usually a time consuming and costly process to acquire the required tools, parts or the upgraded versions of different machines. Usually, the customers contact some dealers or indentors for acquiring machinery which adds to cost of the machines. Syncfab is coming up with a solution that connects the machine manufacturers with the customers through the use of blockchain technology, the direct link that syncfab creates will streamline the process of acquiring new machines or parts, making it hassle free for the customers to quote, order and purchase new machines and that too at much lower price than they purchase it from the traditional market sources or suppliers.
For buyers it becomes easy and cheap to get the required machine that eventually increases the profit from their business at the sametime the hardware manufacturers are able to save from marketing and comission costs making their business profitable as well.
Features of Syncfab hardware supply chain platform:
Syncfab platform provides multiple benefits to both the buyers and the manufacturers. Some of the advantages are provided below:
- Syncfab will be able to provide the buyer with low cost and better quality quotes from multiple manufacturers.
- Buyer will be able to enjoy anytime tracking, re-ordering and purchasing the required products.
- Connects the buyer with his local area manufacturers for quick and easy supply.
- Syncfab smart contracts will make secure communication and transactions within the platform.
- For manufacturers the Syncfab will provide them direct buyers, eliminating the marketing and brokerage costs for them.
- Complete control of pricing and secure payments through the syncfab smart contract.
- Less hassle and headache of finding buyers, so that the manufacturer can focus on the quality of the product.
Syncfab Token and Crowdsale Details:
The syncfab supply chain platform is represented by the token called MFG token derived from the word manufacturing, It is a standard Ethereum based ERC-20 token. The MFG token powers the supply chain platform and secures the whole communication, transactions and payments through the use of the smart contracts.
During the ongoing exclusive presale period investors can gain 50% bonus tokens, public crowdsale will open from 15th January 2018, where you will be able to get 25% bonus tokens, the main sale during February will run without any bonus tokens. So the earlier you invest the bigger the bonuses will be. Syncfab project and MFG tokens are already getting good response from the community, so do not forget to take your share of the tokens.
Official Links:
Please find the official links related to the project below to stay connected with the project.
Website: https://blockchain.syncfab.com/
Whitepaper: https://blockchain.syncfab.com/SyncFab_MFG_WP.pdf
Facebook: https://www.facebook.com/groups/syncfab/
Twitter: http://www.twitter.com/syncfab
Reddit: https://www.reddit.com/r/syncfab/
Telegram: https://t.me/syncfab
Kind Regards!