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Manufacturing Blockchain Company Syncfab Featured in NASDAQ Entrepreneurial Center’s Event in Times Square

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The NASDAQ Entrepreneurial Center hand-picked several advanced projects and companies to provide individualized mentorship and executive coaching in an effort to support tech startups working on various COVID-19 solutions. As part of the program, the NASDAQ Tower in Times Square broadcasted its Milestone Makers COVID-19 Solutions Cohort live last Wednesday.  

Time-tested communications and manufacturing supply chains have been significantly damaged this year due to the pandemic. This is why manufacturing blockchain company SyncFab was one of the headliners at the conference. Supply chains have become all but non-responsive, and innovative solutions are being prioritized.

SyncFab has built and launched an advanced blockchain platform for supporting smart supply chains and allowing users to source, procure, track, secure, and pay for precision spare parts. Led by Forbes Business Council Member Jeremy Goodwin, SyncFab brings real-time capacity savings opportunities alongside addressing the billion-dollar pain points in manufacturing supply chains. It connects automotive, aerospace, and medical manufacturers with more cost-effective suppliers using blockchain-secured transactions.

“In 2020 the time has finally arrived for industry to jettison the limitations of old-fashioned manual procurement processes,” said SyncFab CEO Jeremy Goodwin in his presentation during the conference. He added that “looking forward, we [SyncFab] will expand supplier coverage, add new supplier response incentive and purchase order programs, and continue to innovate post-procurement blockchain traceability features” to meet shifting needs in the industry.

While the company utilizes many industrial verticals, two of them stand out in SyncFab’s portfolio with the most recent traction. Last year, SyncFab landed a strong partnership with NTMA (National Tooling and Machining Association), which unites machine shops from all over the United States. Earlier this year, SyncFab joined MOBI, a member-led consortium working to “make transportation greener, more efficient, and more affordable, using blockchain and related technologies.”  The consortium’s advisors are some of the best known blockchain leaders, while Ford, GM, Toyota and BMW are among its member companies.

Gaining traction in yet another strategic vertical, just last week SyncFab got accepted into Starburst Aerospace accelerator, the largest program of its kind for aerospace. The European office of this accelerator is the space division of Airbus. CEO Jeremy Goodwin stresses that SyncFab is ITAR compliant and has an ability to go “upstream to the component manufacturing supplier”, and points to other efforts by the company facilitating the blockchain adoption by the mainstream market.

Earlier this year, SyncFab started the tokenization program for aerospace and automotive OEM IT departments and purchase managers who could tokenize their precision hardware part supply chains right at the point of production using SyncFab’s Manufacturing Blockchain Network and the MFG Token.  The company has been paving the way for commercialized hardware and OEM parts tokenization with many in the industry taking notice.

 

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SyncFab Helps Restore Disrupted Supply Chains, Gets Recognized Globally

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Q3 2020 was a period of exceptional growth for California-based SyncFab.  The manufacturing blockchain company added new partners and was recognized for its accomplishments on a global scale.  

Per Aspera Ad Astra: Hard Work That Blurs All Boundaries

Last month SyncFab officially joined Starburst Aerospace – the world’s leading aerospace and defense accelerator with the largest aerospace innovation partnership stakeholder network.  Earlier in August, former CEO of RUAG Swiss Aerospace & Defense Co. Urs Breitmeier joined SyncFab’s Advisory Board. “I fully believe in SyncFab’s vision for the industry and applaud their early efforts developing the supply chain support system of the future for space and aerospace and I’m honored to be part of the advisory team as it is a natural fit for me,” said Breitmeier in a statement. 

Urs Breitmeier

Also last month SyncFab was chosen as a Showcase Technology Solution at the AFWERX Flagship Annual Event. To strengthen the aerospace & defense sector, SyncFab’s team was joined by USAF Veteran Jason Smith. Smith will be able to apply his experience and industry know-how to the aerospace industry sales cycle. “I help high-growth companies in the aviation and aerospace industry exceed ambitious revenue goals by employing effective consultative and solution selling techniques to win new business opportunities and grow…

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12 Peers Capital Markets Purchases DigitalBits XDB Token

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12 Peers Capital Markets , a broker-dealer and capital markets firm has announced its support for DigitalBits, a blockchain protocol focused on consumer digital assets such as loyalty points, rewards, and branded stablecoins.  The traditional market brokerage firm has purchased the DigitalBits XDB token, after recently announcing “a new found investment thesis focused on identifying blockchain projects that improve efficiencies across global markets,” it said in today’s announcement.

DigitalBits is an enterprise-grade blockchain protocol for supporting consumer digital assets, specifically branded currencies.  The company believes that branded currencies play an integral role in driving consumer behavior, but many of these programs are dated by today’s technological standards.  “These limitations have stifled value transfer, resulting in the accumulation of large amounts of idle capital – in 2017 US corporations held in excess of $100 billion in unused points liability,” the DigitalBits experts explain.  

The DigitalBits blockchain supports tokenization of existing and new consumer digital assets.  The XDB Foundation, which was formed earlier this year, is a neutral agnostic non-profit organization to enhance the DigitalBits blockchain and ecosystem, engage partnerships and building a robust ecosystem for users. Commenting on the 12 Peers Capital Market announcement, XDB Foundation’s Managing Director Michael Gord said that it is great to see traditional firms show interest in blockchain technology. …

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AllianceBlock & TTC join forces to build a globally compliant digital asset ecosystem in the Philippines

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AllianceBlock will work in tandem with TopJuan Tech Corporation to launch “a globally compliant digital asset  ecosystem in the Philippines,” the two companies announced in a press release. AllianceBlock is planning to launch a decentralized platform to automate the process of turning any digital asset into bankable security via an internationally recognized Individual Securities Identification Number (ISIN).

AllianceBlock

TTC stands for TopJuan Tech Corporation, a financial technology company endorsed by the Central Bank of the Philippines (BSP) to incorporate as an E-money provider, remittance agent, and a virtual currency platform operator. TTC is an institutional gateway for digital banking and solutions for financial inclusion services. The TTC mobile app, Top Wallet, functions as a payment solution, digital asset wallet, and a partner gateway to the TTC ecosystem.

AllianceBlock and TTC hope to provide fully compliant digital asset access to the 106+ million people who live in the Philippines.  One of the pillars of the  partnership is “the development of a regulated sandbox in the Philippines to facilitate the creation of a range of compliant crypto structured products,” the companies said.

“Our partnership will allow regulated access to the Philippines for AllianceBlock to fulfill the growing demand for access to compliant digital asset investments in the Philippines through the AllianceBlock…

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