SyncFab will create a direct, instant connection between high-tech manufacturers, local factories and machine shops. The token page shows information such as price, total supply, holders, transfers and social links. There are 1 cryptocurrency exchanges tracked by CoinCodex where you can convert MFG to USD. You can quickly compare the SyncFab price USD rate between five popular exchanges in the table above. Currently, Uniswap V2 provides the best exchange rate for SyncFab . This offer is based on information provided solely by the offeror and other publicly available information.

syncfab coin

An overview showing the statistics of SyncFab, such as the base and quote currency, the rank, and trading volume.

What Is Smart MFG Cryptocurrency (MFG)?

“SyncFab revolutionizes the manufacturing supply chain by connecting buyers directly to hardware manufacturers through blockchain,” says SyncFab co-founder Andy Tong. The ultimate goal is to create a blockchain marketplace where machine-shop operators and their customers can connect instantly and seamlessly. That is supposed to generate more jobs for working-class people in machine shops. It is also intended to create more American jobs by speeding up the process. Essential to SyncFab’s Smart Manufacturing Blockchain will be the use of the MFG Utility Token, a first of its kind to incentivize community users to embrace blockchain technology. Silicon Valley-based SyncFab aims to harness technologies and connect with the IoT and the IIoT to provide purchasers and manufacturers with high quality data that would streamline processes along the supply chain.

syncfab coin

With Lumi Wallet receiving and sending cryptocurrency is fast and simple. You can take your first steps in cryptocurrency for as little as $50, and you don’t need to go through KYC for purchases up to $150. Connecting wallet for read function is optional, useful if you want to call certain functions or simply use your wallet’s node.

MFG Token ® Supplier Payments

This can create manufacturing jobs at both the machine shop and the manufacturer. Other jobs would be created in shipping, delivery, truck driving, and shipping and receiving. Money might be transferred directly from Silicon Valley to depressed industrial areas like Pueblo. The manufacturer would go along with the process because he or she would be able to monitor everything including quality control in real time over the blockchain. The machine-shop can get instant payment in cash via electronic funds transfer , or even request a paper check. A major goal at SyncFab is to connect Silicon Valley and Main Street over the blockchain.

  • For example, to compensate for work done on RFQs creates more responses to the just-in-time needs of supply chain purchasers and buyers.
  • You can quickly compare the SyncFab price USD rate between five popular exchanges in the table above.
  • SyncFab is a technology company established in 2013 and headquartered in Silicon Valley, with the goal of connecting purchasers with manufacturers through the dynamics and innovations of the IIoT.
  • Connecting wallet for read function is optional, useful if you want to call certain functions or simply use your wallet’s node.
  • Transcrypt offers to individuals and professionals the ability to exchange and store a variety of crypto assets like Bitcoin, Ethereum.

Buy & Securely manage your crypto in one single-app, anywhere you go. All-in-one app to secure, manage and exchange blockchain assets. Transcrypt offers to individuals and professionals the ability to exchange and store a variety of crypto assets like Bitcoin, Ethereum. Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology. SyncFab is demonstrating that is possible to combine blockchain and manufacturing and create jobs in the process. SyncFab’s other great ambition is to bring manufacturing jobs back to America, and save the planet in the process.

They are the best choice for those storing a lot of value or planning to hold long term. To achieve these lofty goals, SyncFab has created a Virtual Supply Chain Procurement Program to service small organizations. Another goal is to create a network of machine shops that can serve businesses and organizations of all shapes and sizes.

In the last 24 hours, Smart MFG was most traded on BKEX, Uniswap , and Bancor Network. The most traded Smart MFG pairs in the last 24 hours are MFG/USDT, MFG/WETH, and MFG/BNT. This trend is determined by the technical indicators on our SyncFab price prediction page.

SyncFab Price chart

To determine whether a coin is bearish or bullish, we use technical indicators such as the Relative Strength Index and important simple and exponential moving averages. It was all presented upfront by a team with the foresight to see that these might be required for a token sale. This is a project managed by a team who are demonstrating a first-rate ability to cover all of syncfab coin the angles. When we cover any ICO at ICOExaminer, in almost every case we find ourselves having to chase the project team to explain gaps in the information they either present on the website or the white-paper. Our enterprise middleware platform allows OEM Procurement and NPI Engineering Departments to plan, source, procure, track, secure, and pay for precision parts.

MFG can be used to incentivize RFQs, secure and pay for smart contract POs along with supply chain tokenization on the manufacturing blockchain. One tech company wants to create real jobs for real people with the help of blockchain. Even though SyncFab is based in Silicon Valley, the company founders believe they can add new industrial jobs in Middle America, among other regions.

Premium Trezor hardware wallet with full color touchscreen and additional supported coins. ExchangeBuy/Sell withPriceVolume Maker FeeTaker FeeUpdatedWe do not have exchanges listed for this coin yet. By using this cryptocurrency converter, you can convert SYNCFAB to INR. It will show you how much 1 Smart MFG is worth in Indian Rupee currently.

SyncFab is end-to-end supply chain management platform SyncFab offers NPI & OEM parts production procurement for agile supply chain management & parts pedigree with digital thread compliance & blockchain cybersecurity. The MFG Token is used to speed up payments, incentivize new business and optimize results across the supply chain. Bitcoin, Ethereum and Altcoins hardware wallet, based on robust safety features for storing cryptographic assets and securing digital payments.

syncfab coin

SyncFab customers would have a choice of using the company’s MFG Ethereum-based token or the U.S. Coinlore provides independent cryptocurrency / coin prices calculated by its own algorithm, and other metrics such as markets, volumes, historical prices, charts, coin market caps, blockchain info, API, widgets, and more. We also gather additional information from different sources to make sure we cover all necessary data or events. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap.

SyncFab Team

Showing how wealth is distributed between all holders, for example, the top 10 richest addresses hold 75.69% of all available supply. After the start of the token on Feb 20, 2018, on the Ethereum platform, more than 9,867 wallets owned/owns MFG also 47,242 successful token transactions have been recorded till today. Program Managers and NPI Engineers cut your procurement time and cost for custom precision parts secured by blockchain for compliance, risk management, anti-counterfeit and more. Change the wallet network in the MetaMask Application to add this contract. Analyse the actual information or ask financial consultant for help before making investment or trading decisions.

That means a machine-shop owner will be able to pay the rent or the electric bill; or cover her payroll, with funds from the SyncFab platform. It gives business owners on Main Street a strong incentive to participate in the blockchain. An example of this would be an electronics company in San Jose that needs some CNC laser cutting done. It needs the work done fast, but all the local machine shops with laser cutters have backlogs of work. Meanwhile, a machine shop in Pueblo, Colorado, has a CNC laser cutter that is gathering dust.

SyncFab is a blockchain technology company established in 2013 and proudly based in San Leandro, California, where tech meets manufacturing! We aim to simplify supply chain management and create a transparent blockchain procurement platform within the hardware manufacturing supply chain. Complete cryptocurrency market coverage with real-time coin prices, charts and crypto market cap featuring over 1600 coins on more than 220 exchanges. Smart MFG is an ERC20 cryptocurrency token issued by Smart MFG for use in supply chain and manufacturing smart contracts.

You can convert SyncFab to US Dollar by selling MFG for USD on a cryptocurrency exchange. SyncFabhe 1USDUS DollarWMFGDOWMFG to STUSD rate tells you how much N00++ is needed to buy 1 00. On CoinCodex, you can follow the real-time U to T rates and use the interactive charts historical price data to improve your technical analysis of this trading pair. To see the latest exchange rate, SyncFab historical prices, and a comprehensive overview of technical market indicators, head over to the SyncFab page. For users wanting a better way to obtain goods from manufacturers, SyncFab might be a great option.

TrackICO gives it a 5/5 rating, and Aingel Blog posted the Inception Score of 97%. Prestigious ICO Bench is giving the Silicon Valley company a 4.3 ranking. Meanwhile, SyncFab is preparing to make several announcements on partnerships in the upcoming weeks. Jobs that might be created by these developments include CNC machine operators, and technicians to service and repair the machines. Other jobs would be generated by the money that those individuals would spend in their communities.

On the contrary, you can convert and find out the current value of 1 Indian Rupee in Smart MFG. The company reports that it was able to build a strong following and expects to reach its targets ahead of schedule. Some of its social media channels, such as Telegram, have over 9,000 active users. Various ranking sites and experts have recently praised SyncFab and its expansion into blockchain.

MFG is a utility token that can be used in conjunction with the SyncFab network. SyncFab will be a smart supply chain management tool that utilizes blockchain and smart contact technologies in order to procure, track and organize all parts of a production process or supply chain. A list of the top SyncFab markets across all crypto exchanges based on the highest 24h trading volume, with their current price. The current market price of Smart MFG is updated every 1 minutes and is automatically sourced in USD. Smart MFG prices in other currencies are based on their corresponding USD exchange rates.