Given the issues within the manufacturing supply chain and its quality management systems, the Manufactory Blockchain project has been created to make the latest technology easily obtainable to manufacturers and therefore enabling the factories of the future.
The original objective of Blockchain technology was to facilitate trusted fiscal transactions between any two parties without the necessity for a third party such as a bank to be involved, enabling faster and less expensive transactions. Due to the security and immutable nature of the Blockchain it also has complete integrity as the transactions are verified by the system itself.
With the advent of Industry 4.0 and Blockchain systems we will be able to build a transparent, decentralised, interconnected Supply Chain and Digital Passport system that removes any barriers to entry.
The Manufactory vision is not just about the Blockchain but about building a decentralised manufacturing ecosystem which combines all of the benefits that Industry 4.0 can provide. Allowing users to create Decentralised Apps (dApps) that can utilise the data created by Intelligent Manufacturing Systems.
Manufactory will disrupt the manufacturing industry in its current form and be the enabler for the creation of conscious factories.
Every manufacturing facility must solve problems that obstruct their production activities whilst finding ways to maximise their capacity. They also have the challenge of competing in a global manufacturing industry by becoming more efficient whilst maintaining quality and reducing costs.
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Attention. There is a risk that unverified members are not actually members of the team
