Associating blockchain value to everything from ideas, concepts, knowledge, and parts is coming together as the NFT shows its true diversity and potential. Smart MFG and partners are poised to be at the epicenter of this revolution!
The Rise of The NFT
NFT use-cases are expanding drastically and what it comes down to is how to treat data like the asset it is. There is significant value in treating data as an asset – but doing so also presents challenges. Non-fungible tokens (NFTs) are a way to overcome these technological, regulatory, and incentive-related barriers.
SMART MFG & SyncFab Early Innovations leading the way for Next Generation 3D NFT Metaverse Makers
SMART MFG’s partnership with SyncFab, which has already more than lived up to its potential is now giving rise to next generation blockchain innovation building on earlier innovation in enterprise blockchain tech. Let’s take a closer look.
SyncFab, pioneers in supply chain tokenization and enterprise NFTs have been on the cutting edge of enabling parts tokenization right at the point of production since 2018. SyncFab is the first to combine distributed ledger tokenization technology with an operational distributed manufacturing supplier network to achieve this, and this is only the beginning for these pioneers.
Let’s look at where they started and where they’re headed.
Parts Tokenization And NFTs
SyncFab initiated the concept of part tokenization for the manufacturing sector. Every component or part that is manufactured gets assigned an MFGPRT token, which is a unique digital blockchain-based NFT token that can be verified in real-time on the blockchain.
It essentially means that parts identification and unique IDs support an organization’s need to avoid attempts at counterfeiting and implement anti-fraud measures to reduce liabilities and keep suppliers and distributors honest and accountable.
Part Information and Metadata for IP Protection
The MFGPRT NFT token includes product-specific attributes and details relating to the specific part or end product, including original order specifications and product requirements. This feature allows for oversight on IP usage and savings on sovereign audit and regulatory compliance records.
SMART MFG Partner SyncFab An Early Mover In The Space and Aerospace Supply Chain Race
One of the most exciting applications for SMART MFGs is through it’s partnership with SyncFab in the burgeoning aerospace and space supply chain race, which is set to get going within the next ten years. Analysts are foreseeing enormous growth across the sector as the commercialization of Space Travel, Space Exploration, Satellite Launches, Satellite Internet and Space Defense Supply Chains explode. The tokenization of the supply chains in these industries will play a significant role, which Smart MFG in it’s partnership with SyncFab is well positioned to meet.
Let’s take a closer look at a recent timeline of major events.
- Oct. 29, 2021 – Terran Orbital announced plans to go public via a SPAC merger with Tailwind Two Acquisition Corp. at roughly $1.6 billion.
- SpaceX successfully returned its Crew-2 mission on Nov. 8 and launched its Crew-3 mission to the International Space Station on November 11th, 2021.
- November 12, 2021 – German laser communications company Mynaric ADS (NASDAQ: MYNA) completed its IPO. In addition, Mynaric has an in-space test of its satellite optical communication terminals scheduled for the second quarter of 2022.
- November 15, 2021 – Russia successfully tested a new space debris removal system eliminating Soviet satellite Kosmos-1408 inactive since 1984.
- November 19, 2021- Telesat Corp (NASDAQ: TSAT) began trading on the Nasdaq, essentially taking the place of Loral Space & Communications.
Smart MFG Partner SyncFab’s Aerospace & Defense Parts Supply Chain Services
Smart MFG partner SyncFab secures digital procurement for parts pedigree, mission assurance, asset readiness, reusability, & more.
The Smart MFG-SyncFab Partnership Difference
SyncFab provides tremendous value for procurement of aerospace parts in addition to providing cutting-edge end-to-end supply chain cybersecurity, compliance, traceability, mission assurance, and fixed asset maintenance records.
Here’s what SyncFab is able to offer in this space.
- Spacecraft & Rocket Parts, and Satellite Components Procurement
- Parts Pedigree & PPAP Compliance
- Fixed Asset Readiness and Management
- Parts Classification Mission Assurance
- Enable component track-and-trace and upgrade transparency across your aerospace or
- MRO For Reusable Space Launch Vehicles
- Supply Chain Cybersecurity
Smart MFG Poised To Launch Groundbreaking 3D NFT Enabled Metaverse Marketplace.
The NFT is a decentralized asset enabled by blockchain now taking early partnership innovation to the next level 3D assets are soon to become the latest offering. For example, the Metaverse, which is only getting started, is fuelled by 3D NFTs – They are the literal building blocks. As the Metaverse develops, their value and importance will become more evident.
It’s all about guaranteeing real value for creations, knowledge, and information in the form of 3D and regular NFTs. Smart MFG already had a massive community of industrial designers and 3D artists involved, and the expansion into an NFT platform was a logical step forward.
Smart MFG recently announced the soon-to-be-launched SmartMFG NFT marketplace. It is the world’s first comprehensive NFT platform for creating, storing, and transferring industrial design and 3D gaming assets in the form of NFTs.
It is a marketplace for metaverse builders, gamers, industrial designers, concept artists, and makers. It is a platform for them to create, exchange ideas and sell or license 3D model NFTs in the Metaverse or physical world.
Here, these creators are incentivized to make the most useful and practical 3D NFTs that they will own and sell and trade. As a result, this marketplace will play a pivotal role as the supplier of the building blocks of the Metaverse, which is fantastic!
Industrial designers and concept artists will use the Smart MFG NFT platform to create value and market their creations on a platform that has already proven itself across the manufacturing industry.
The categories within the marketplace will include:
- Metaverse Buildup
- Novelty & Vintage
- Art & Architecture
- Automotive, Space & Aerospace engineering
- Industrial Design
- So Much More!
Exciting times lie in store as SMART MFG continues to grow from strength to strength in the NFT Space or dare we say NFTs IN SPACE!
ABOUT SMART MFG
Smart MFG, already a leading blockchain supply chain DeFi company, is also the world’s first 3D NFT Marketplace focused on making 3D assets interoperable across all metaverses, and enabling creators, industrial designers, and all makers to own, market, sell and authenticate their digital assets (CreatorFi), and gamers to accelerate their play-to-earn opportunities (GameFi). In addition, Smart MFG’s NFT platform aims to bridge the digital-to-physical divide for all 3D assets. Smart MFG uniquely operates at the intersection of Supply Chain and DeFi, NFTs, Metaverse and GameFi, and serves as an entry point into the Web 3.0 economy.
Smart MFG Tech is a blockchain company focused on Industry 4.0 Digital Transformation and promoting new data mobilization technologies, including IIOT (Industrial Internet of Things) for use within the manufacturing industry. Smart MFG is launching a 2D & 3D model NFT marketplace for novelty & vintage Art & Architecture, Automotive, Space & Aerospace Engineering, Industrial Design and more. Smart MFG also offers Supply Chain DeFi programs using $MFG in partnership with a growing blockchain partnership ecosystem for Industry 4.0 digital transformation.
Smart MFG Tech promotes digital transformation of industrial manufacturing supply chains using blockchain as a key building block of Industry 4.0. MFG Tokens® incentivize collaboration and speed across supply chains and can be used to create custom rewards and compensate manufacturers for time and accuracy put into competitive tender bids.
The token integration use case applications in Manufacturing Supply Chains include digital record and digital asset tokenization, advanced supplier incentive programs and supply chain decentralized finance innovation. Supply Chain Companies interested in Smart MFG partnerships can submit your requests here: http://smartmfg.io/partners
- The MFG token has increasing uses such as:
- Incentives & rewards programs
- Securing smart contract POs (Purchase Orders)
- Hardware tokenization
- Smart payments
- NFT marketplace services
- Incentivizing liquidity providers
- Supply chain DeFi finance services
JOIN THE COMMUNITY!
We welcome you to join the conversation and help the Smart MFG community decentralization push. This includes participating in discussions, and finding creative ways to improve community and network performance.
Let’s move forward together. The success of Smart MFG is in our hands!
Contribute to the Community Decentralization Drive https://smartmfg.io/community/
Interested in joining our team? Learn more! https://smartmfg.io/team/
FOLLOW OUR OFFICIAL CHANNELS FOR THE LATEST UPDATES!
Korean Instagram: https://www.instagram.com/mfgcoinkorean
Korean Blog: https://blog.naver.com/syncfab_mfg