Supply Chain Finance
Supply Chain Finance Opportunities
(Forward Looking Use Case)
Decentralized Supply Chain Finance or Supply Chain DeFi is an exciting new development whereby traditional supply chain finance methods such as trade finance, factoring and discounting can be enhanced by blockchain improving liquidity for suppliers achieving greater efficiencies in the supply chain. This is a forward looking use case for which Smart MFG is currently exploring partnership implementation using existing tools.
Transforming Manufacturing Supply Chains with Blockchain Incentives
Automation
Smart Contracts can be built to drive the supply chain with work flow and work agreement automation, shipping & purchase order documentation, as well as innovative incentive programs for data sharing & streamlined payments.
Multi-Tier Incentives & Smart Payments
Incentive Rewards and Payments are automated using Smart Contracts, which can be sent or received to any of your suppliers regardless of where they sit in your supply chain. Settlements are initiated through various liquidity network partners which are growing everyday.
Partnership Integrations
While MFG is an ERC20 Ethereum Token specifically for the Manufacturing Blockchain is a system architecture and workflow which is inter-operable and blockchain-agnostic, and is compatible with any blockchain infrastructure a company wishes to use. For example, two companies can leverage all platform benefits without the same blockchain infrastructure implemented (e.g. Ethereum and Hyperledger).
Layering Technology
The layering of new and existing technologies - legacy or blockchain - further enables manufacturing and supply chain automation. Smart MFG is partnered with SyncFab for digital manufacturing and we continue to expand additional partnerships to digitally transform manufacturing supply chains.
“Blockchain’s greatest potential to deliver business value is in manufacturing.”
Deloitte’s Global Block Chain Survey
