Details

Last Funding Type

Series Unknown

Industries

Blockchain,Clean Energy,Enterprise Resource Planning (ERP),Ethereum,Industrial Automation,Information Technology,Manufacturing

Founded date

Jan 1, 2013

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

SYNCFAB CO.

Also Known As

SyncFab Smart Manufacturing Blockchain

SyncFab connects OEM part buyers in Aerospace, Defense, Automotive, and Medical industries to distributed parts manufacturers backed by distributed ledger blockchain technology solutions for superior security, traceability and supplier management. SyncFab is a Member of the MOBI Automotive Industry Blockchain Consortium.

OEMs can slash procurement time and costs for precision parts with SyncFab's supplier network secured by blockchain for anti-counterfeit, recalls, smart payments & more.

SyncFab is the pioneer and creator of the smart manufacturing blockchain process architecture protocol (patent pending). SyncFab is also a digital manufacturing platform that enables hardware supply chain buyers to transact POs (purchase orders) and source RFQs (requests for quotes) directly from a network of manufacturers.

was established in 2013 and has developed an online decentralized buyer- to-manufacturer platform aggregates all orders and sends requests directly to manufacturers that match the buyer’s requirements on the Smart Manufacturing Blockchain Supply Chain. Eliminating intermediaries, utilizing our Smart Contracts to streamline procurement processes, eliminating wasted labor-hours on miscommunication that lead to manufacturing mistakes or delays. The MFG is an ERC20 cryptocurrency token issued by Smart MFG Tech for use in supply chain and manufacturing smart contracts developed by SyncFab. MFG can be used to incentivize RFQs, secure and pay for smart contract POs (Purchase Orders) along with supply chain tokenization on the manufacturing blockchain.



SyncFab was initially developed in response to an economic development challenge shared with SyncFab by San Leandro City as part of the San Francisco Mayor's Office of Civic Innovation Startup-in-Residence Program. The industry solution identifies idle precision component production capacity and makes it available to buyers with a suite of simple and easy to use supply chain management tools.

SyncFab was also recognized as a member of the White House-appointed & Department of Energy sponsored Clean Energy Smart Manufacturing Innovation Initiative within the Department of Commerce's National Network of Manufacturing Innovation. As a CESMI member, SyncFab will be part of the dialogue and implementation of DOE driven standards for Clean Energy Smart Manufacturing.