Syncfab (MFG) a Sleeping Giant on Cobinhood Exchange
Founded and headquartered in Silicon Valley in 2013, SyncFab is an active provider of best-in-class low-cost solutions to supply chain buyers and domestic manufacturers. SyncFab began as an online Design-For-Manufacturability platform and later evolved to a business-to-business supply-chain and IIoT Machine Learning Data mobilization platform matching industrial parts purchasers with a growing network of machine shops and advanced manufacturing facilities mapped by who is local and who is clean — an ISO 50001 US DOE certification for efficient energy management.
The vision of SyncFab is that of a domestic network of high-tech manufacturers of all sorts of precision industrial parts, connected to a smart contract platform able to offer efficiency gains and cost savings to the large buyers that currently rely on cheap offshore suppliers.
SyncFab wants to connect buyers to sellers in this decentralized manufacturing marketplace and match demand to machine shop production capability, with a platform featuring mobile access, search functions, order flow, digital inspection reports and online payments.
A one-page MFG explainer noted, “For every dollar spent on manufacturing within the United States alone, $1.81 is expected to be added to the economy.” A more detailed white paper describes how decentralized manufacturing, blockchain technology and smart contracts could bring about the “Industrial Revolution 4.0.”
https://medium.com/@VidrihMarko/syncfab-mfg-a-sleeping-giant-on-cobinhood-exchange-9a221f3e6540
