Productivist – Blockchain Technology is at the Service of 3D Printing Industry
THE PRODUCTIVIST PLATFORM
The Productivist Blockchain project aims to create an open data stream where by private individuals and companies of any scale can contribute to power the Industrial Revolution 4.0. The Productivist Blockchain Project wishes to create a new standard for all manufacturing technologies. Thanks to the Blockchain technology, we will be able to build an open system that will manage the chain of command of manufacturing 4.0 by decentralizing production. By doing so we will provide manufacturers and their clients with a remote and effective solution with not only secured data and transactions but also transparency.
How Productivist Smart Blockchain Manufacturing Works
Investors on the Productivist platform will have to acquire PROD tokens to participate in onboard activities. According to the information on Productivist official website, the developers seek to make PROD a utility token, whose value will heavily depend on its commercial usage on the decentralized platform. Through this, users will have an easy time converting their fiat money they collect from the purchase of goods and services to PROD tokens. However, all the transactions have to take place through the Productivist ecosystem.
Additionally, manufacturers and producers, get the chance to decide as to whether they would like all their payments in fiat money, PROD tokens of both. There will also be change desks and listing platforms with interested partners on the ecosystem that would assist in ensuring the sustainability of liquidity and fair value at all stages of operations. On the other hand, all clients on the Productivist platform get the chance to purchase smart manufacturing, modeling, and designs as well as consultation services. All the PROD tokens manufacturers collect will gain storage in wallets for trade exchanges or buying materials and other equipment. The platform claims to be already in partnership with various suppliers.
PROBLEMS THE PRODUCTIVIST PLATFORM IS PROVIDING SOLUTIONS TO
Facing the Industrial Revolution 4.0, manufacturing companies are challenged to find more efficient ways to handle a global demand with limited investments to stay competitive while buyers demand better sourcing, fairer prices and more transparency in the solutions they’re offered.
Inefficiency — Managing production capacities for global companies or smaller actors is the main issue of manufacturing. The complex orders, multiple clients, geographically distant production sites combined with price competition and emerging markets’ new actors force heavy investments does not leave room nor time for improvement.
Sourcing Costs — Sourcing materials or manufacturers requires the use of an internal or external broker. The diversity of offers and the multitude of solutions make the selection process a complex one. The result of this is the inevitable increase in production costs.
Minimum Orders — Negotiating with a new manufacturer means trusting them with quality and delivery deadlines, while on the manufacturer side, negotiating with a new client requires securing payment.
Track Records — When searching for the right counterpart, obtaining proof of past work or past transactions is the key to a secured transaction but can rarely be achieved. The opacity of some providers and lack of history of newcomer’s limit choices and encourage companies to give preference to expensive historic actors.
Tracking Progress — As a purchaser, order tracking is vital to monitoring the supply chain and adapting it to meet client needs.
IP Protection — Protecting Intellectual assets is a top priority for industrial companies. Maintaining an advantage over competitors is the key to growth.
Sourcing Experts — Purchasers often lack the technical understanding to contact the right manufacturer for their product. Often the result of this is both financial and time loss.
A Public Blockchain — The Productivist Blockchain Project will be able to build an open system that will manage the chain of command of manufacturing 4.0 by decentralizing production: a remote and effective solution for manufacturers and their clients with secured data and transactions but also transparency:
1. Digital — Transferring a file with its technical information. For example, the. stl file is the list of coordinates provided by a slicer (a stereolithography software) or Gcode. With such a file we can guarantee the authorship, safeguarding, and destination of this file when it travels through the blockchain.
2. Hardware — Connecting a manufacturing machine to our blockchain makes it “smart” and enables the real-time monitoring of the production.
3. By connecting all these machines to our trusted network, we can detect production time availability and send instructions to available machines.
A Device that connects them all — To develop connectivity for all hardware, we are creating a smart device allowing any machine or system to connect to the Productivist Blockchain Project.
Connecting a manufacturing machine to the Productivist blockchain will be advantageous for its owner. Not only will he have a remote access to its production schedule, but if “commercial mode” is activated, it will be possible, to send production instructions directly to his machine and fill production time voids without his intervention. The optimization of production capacities that our solution offers will bring economies of scale to a saturated market.
If no commercial mode is detected, the use of our blockchain will be completely free. The biggest users, companies or industries, will make a free block- chain by paying for their own private access.
The Productivist Blockchain Project will also allow us to integrate Freelabster in this system as the first brick of commercial use of this blockchain and develop the Productivist Solution for bigger manufacturers and achieve the goal of creating a map of global manufacturing capacities.
What is Freelabster
Freelabster.com is an interactive platform which brings consumers and 3D printing experts together providing them with a virtual market place. The concept is based on that of tendering. The consumer will present his project to the marketplace and Freelabsters are invited to tender thus propagating competitivity and therefore making the pricing more attractive to the consumer. This concept is highly advantageous to our 3D printing experts as it provides them with an extended marketplace to do business on.
PROD Token is a token on ERC-20 standard on Etherium network and 385.000.000 units will be produced. The product will be used to pay for order payments and consulting fees.
The PROD token can be converted into the current currencies via the exchanges to be evaluated in the eco system.
Total Token : 385,000,000
Reserved for sale: 238,000,000 (61.7%)
Pre-Sale: May 1
Soft Cap: $ 5,000,000
Mid Cap: $ 20,000,000
For more information please visit the links below;
Web Site: https://productivist.com
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1860087
Bountyhive username: johnthedon
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
Referral Link: bountyhive.io/r/johnthedon