SyncFab, the first peer-to-peer blockchain for the manufacturing supply chain, today announced it has completed the filing of a provisional patent application with the US Patent and Trademark Office in an effort to help ensure recognition for the blockchain industry development pathways it pioneered in 2017.
With the filing, SyncFab’s unique application of distributed ledger technology to its Hardware Manufacturing Blockchain and Hardware Parts Tokenization technology and business process is now patent pending.
“I am excited that we were able to file a provisional patent application with the USPTO in 2018 to protect both SyncFab’s intellectual property and the Company’s team efforts and contributions to the manufacturing industry, particularly in light of the fast pace of the development of the blockchain technology ecosystem,” stated SyncFab CEO Jeremy Goodwin.
Revolutionizing Manufacturing with Blockchain
SyncFab is a distributed manufacturing platform founded and headquartered near Silicon Valley that streamlines the way OEM hardware supply chain buyers procure, manage, and track precision parts production securely using blockchain technology.
“Over the course of 2019, our aim is to refine and adapt our product roadmap, continuing to add features which will enhance and add value to the Industrial Manufacturing Supply Chain Buyer experience while accelerating the sales cycle. Similarly, we aim to boost sales and business development efforts, adding additional layers of customer support along the way in parallel and in sync with operations budget rationalization from the previous year as they complement one another. We will be releasing a product roadmap update, product updates, more team updates, and other exciting developments over the coming weeks and months as we enter the next chapter of our evolution as a company.”