Manufacturing Supply Chain Blockchain
Smart Manufacturing Supply Chain Blockchain Features with MFG
RFQ (Request for Quotation) Incentives
Incentivizes collaboration and speed across your supply chains using the MFG token to create custom rewards and compensate manufacturers for time and accuracy put into competitive tender bids
Data Sharing Rewards
Incentivizes suppliers using the MFG token to share formerly siloed data for greater visibility and supply chain planning
Smart Payments
Send payments using the MFG token to N-Tier supplier wallets and payment networks
PO (Purchase Order) Smart Contracts
Serves as an account record for all scope of work (RFQs, bidder and quote amounts, production criteria, design files or any other shareable IP and inspection reports) and agreement (contracts and payment terms) documentation. The MFG token is used to initiate these updates on the blockchain.
Parts Tokenization (NFT)
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. The MFG token is used as a medium of exchange to tokenize hardware assets.
Supply Chain Finance
Forward looking use case whereby traditional supply chain finance methods such as trade finance, factoring and discounting can be enhanced using blockchain by improving liquidity for suppliers achieving greater efficiencies in the supply chain
“Blockchain’s greatest potential to deliver business value is in manufacturing.”
Deloitte’s Global Block Chain Survey
Industry 4.0 Use Case Opportunities
Blockchain Applications Enablement Opportunities For Industry 4.0 Digital Transformation
How a Shared Additive Manufacturing Factory Could Benefit From Blockchain
Solution
Smart Manufacturing Needs Data That's Accurate and Secure. It Needs a Blockchain.
Manufacturing needs a new data storage technology
Existing technologies don’t offer the end-to-end security that’s required to enable digital disruption across the supply chain.
How MFG Incentivizes Supply Chains
