Smart MFG Tech Shares Updates with Community, Outlines New Initiatives for 2021

Smart MFG Tech, a manufacturing Industry 4.0 company, has shared an update with its online community.  The update is focused around Q1 2021 goals and deliverables.  The goals included in the update are centered around digital transformation and Smart MFG Tech’s long-term focus on the Industrial IoT and other leading innovative concepts.

Just last month the company relaunched the Smart MFG GUI site and integrated the MFG token on a number of exchanges, which include both centralized and decentralized kinds. The new initiatives include more active community decentralization, new alliances with both buyers and suppliers interested in streamlining the supply chain processes, as well as new liquidity partners, 3PL logistics providers, and much more.  

Smart MFG has also included some use cases that provide effective supply chain DeFi offerings. MFG Supplier Incentive Reward Programs is one of the proposed solutions. It helps reward “time connecting supply chains with blockchain,” the company says. The company provides these rewards through MFG ERC20 tokens where parts suppliers are incentivized when submitting tender bids. Manufacturing blockchain company SyncFab is Smart MFG’s key partner; it has built a parts procurement and supply chain blockchain platform. All Smart MFG partnerships can be found here.

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