Hardware Tokenization (NFT)
Smart MFG is the industry leader in adapting blockchain tokenization for the manufacturing industry through their partnership with SyncFab
Tokenization converts the value stored of any tangible or intangible asset into a non-fungible token (NFT) which enables the digital transfer, ownership, inventory and maintenance records of that asset
In Partnership with
Benefits of Hardware Tokenization
using NFTs
Operational Efficiency
- Eliminates intermediaries and/or 3rd parties
- Provides quick and automated transaction settlement and clearance times
Fractionalized Assets
- Reduces transaction size barriers
- Provides new financing opportunities for a wider range of participants
- Allows the ability to share ownership and use of an asset(s)
Transparency
- Improves tracking and traceability of asset(s)
- Proof of provenance allows users to review the entire history of activities performed over an asset(s)
- Proof of ownership of an asset(s)
- Allows the ability for all parties to update information seamlessly and verify their correctness
Single Source of Truth
- Provides an immutable record of transactions which can be shared amongst multiple parties
How NFTs & MFG help Supply Chains
