MANUFACTURING BLOCKCHAIN ® USPTO
Registered Trademark Serial # 87920879
Non-Provisional Patent Pending 16/918,571
SyncFab is the industry pioneer building blockchain technology for digital transformation of the space, aerospace & defense, automotive and medical manufacturing industries since 2017.
SyncFab combines the efficiencies of digitally distributed manufacturing with distributed ledger blockchain technology. Manufacturing Blockchain ® refers to the upstream segment of the supply chain supporting prime manufacturers that assemble finished goods.
Early generations of blockchain did not support industrial applications effectively, owing to limited developer understanding of elaborate manufacturing engineer workflows and complex industry standards. SyncFab has architected blockchain applications specific to the needs of manufacturing (Manufacturing Blockchain) borrowing from the core feature functionality at its core combined with the superior cybersecurity of protocols at scale. SyncFab is currently developing its own protocol specific to the same industry workflows for later release once industry adoption is further progressed to ensure the same level of continued bullet proof cybersecurity. SyncFab’s future protocol optimizes network scalability, interoperability and processing speed to match industry workflow.
The recent launch of blockchain as a service (BaaS) is also helping to smooth the path toward implementation of blockchain in the factory. Traditional blockchains are self-managed, meaning that a company must customize the database’s capabilities (for example, how it manages cryptographic keys) and organize the hosting of the nodes either locally or in the cloud. BaaS offers the same features as a self-managed blockchain (such as security for critical data) and adds tools that facilitate management and deployment at scale. For many manufacturers, especially those with resource-constrained technology teams, using BaaS will be easier than implementing a self-managed blockchain.
Upstream supply chain refers to everything that comes into your company from suppliers – such as raw materials, components and precision parts – used by your company to produce something. It also defines the relationship and information flow between your company, your suppliers, and your suppliers’ suppliers.
To ensure trust among manufacturing value chain participants, manufacturers have traditionally relied on strong supplier relationships, independent quality audits, Six Sigma practices and extensive documentation. Unfortunately, these practices typically entail high costs, known as a trust tax. By ensuring trust more efficiently—in addition to conferring other benefits—blockchain reduces the need for these expensive approaches.
Upstream refers to everything that comes into your company from suppliers (usually raw materials) and used by your company to produce something. It also defines the relationship and information flow between your company, your suppliers, and your suppliers’ suppliers.
Downstream refers to everything that goes out of your company after the production cycle. Usually goods ready to sell. It also defines the processes required in order for your produced goods to reach the customers in an efficient manner (time, cost etc.)