Smart MFG Tech and SyncFab are announcing a collaborative integration with the Binance ecosystem. The Manufacturing Blockchain ® MFG token will integrate with Binance Chain to allow users to swap a portion of MFG ERC-20 Token to Binance Chain’s BEP-2 Token standard. Upon migration, Smart MFG Tech will formally submit a proposal to integrate the MFG BEP-2 Token onto Binance’s DEX – a decentralized exchange built on the Binance Chain blockchain. This could help SyncFab move towards multi-asset diversification and cross-chain transaction records within the supply chain blockchain ecosystem. Additional information can be found at SyncFab’s Medium page.
SyncFab has recently started a strategic partnership with the National Tooling and Machining Association (NTMA). The new relationship grants access to SyncFab’s advanced manufacturing blockchain platform for over 1,300 NTMA members across the United States. As the national representative of the precision custom manufacturing industry, NTMA members generate more than $30 billion in sales combined. New SyncFab users will be able to build from an extensive parts library where all previously ordered parts are available for fast and easy re-ordering. With its unique solution, SyncFab utilizes blockchain smart contracts and data-driven smart manufacturing to optimize the external supply chain available to OEM Buyers in the United States and beyond.
Also, SyncFab’s unique application of distributed ledger technology to its hardware Manufacturing Blockchain and Hardware Parts Tokenization technology and business process are now patented. Registered trademarks include Supply Chain Blockchain and Manufacturing Blockchain.
SyncFab is a distributed manufacturing platform founded and headquartered near Silicon Valley that streamlines the way OEM hardware supply chain buyers procure, manage, and track precision parts production securely using blockchain technology. Learn more about how SyncFab benefits manufacturers.