Current stage of industrial development is tightly related to emerging more efficient ways of business management. Globalization processes and information revolution are forcing manufacturing companies to improve technology in order to stay competitive in terms of fair prices, better sourcing, quality service, and bringing value to the customers. The key challenges in establishing new standards related to the manufacturing process are as follows:
📌 Enabling greater manufacturing intelligence by getting more value out of machine data;
📌 Constant technology advances;
📌 Involving existing IT systems based on blockchain mechanisms to support new business models;
📌 Cybersecurity in the dynamic environment;
📌 Tracking progress;
📌 Optimizing inefficient processes.
Good progress in achieving enhanced solutions for the stated challenges has been made by the PRODUCTIVIST project team which has undertaken a deep analysis of the inherent problems in the context of existing 3D printing and modeling manufacturing process initiated in France by Freelabster.com. PRODUCTIVIST has proposed a decentralized production solution based on blockchain technology. Let’s examine the main features of this undertaking.
Website: https://ico.productivist.com
Whitepaper: https://drive.google.com/file/d/1oksLkRIWWF03NJzxPX_EUbC22041hjhk/view
The Key Concept of the Productivist Project:
Productivist is aimed at converting the current business model into a decentralized ecosystem in order to set new standards to a global market that will reduce the time and expense for involved parties and at the same time retain efficiency, quality, and fair pricing.
Blockchain technology allows creating a remote and effective solution for manufacturers and their clients in the form of an open data stream for companies and individuals for contribution to Industrial Revolution 4.0 thus developing an open system for managing the chain of commands of manufacturing 4.0 by decentralizing production. Transparency, secured data, and transactions will be supported by the three key elements:
👉 DIGITAL (for transferring files with technical information);
👉 HARDWARE (for connecting manufacturing machines to blockchain thus enabling real-time production monitoring);
👉 LOGISTICS (for setting up a real solution for production schedule and balancing effort between smart machines).
For the purpose of connectivity between machines hardware and Productivist Blockchain Project, the project team is in the process of creating a smart device which is schematically shown in the below-given picture:
Such connectivity of the manufacturing machines to the Productivist Blockchain will give the following advantages to the overall production process (on the example of Freelabster 3D printing and modeling process):
▶️ Remote access to production schedule;
▶️ Time and cost efficiency due to smart tasks distribution and spitting orders between machines (numerous printers);
▶️ Sending direct production instructions to the machines in the “commercial mode” eliminating operator intervention;
▶️ Scaling due to a real-time balancing of the production capacities;
▶️ Selecting the right manufacturer for each project thus delivering the best results for the customer.
It must be emphasized that smart contracts will contain the information on clients and manufacturers thus allowing for Implementation of the Scoring System providing clients with an accurate and efficient way for selection of manufacturing-client match by interrogating information related to manufacturer`s experience, location capacities, available materials, payment performance etc.
ProducToken:
The Productivist project will be releasing ProdTokens (PROD) serving as the utility token and the main currency in the decentralized smart network for ensuring smoother transactions in a cost-effective manner as well as for supporting major progress for the industry (community, global solution, network of experts, efficient management, security, reliability, decentralized production etc). Other functions of the ProdTokens are related to rewarding purchasers and experts.
The productivist project can be considered as an early adopter of the new decentralized approach to the management of the manufacturing process. That is why there are no doubts that a lot of institutional investors and private individuals will pour money into this startup at the stage of ICO - a new way of fundraising campaigns through issuing the underlying crypto tokens.
Productivist ICO Details and Token Specification:
👉 START DATE: 1st May
👉 TOKEN NAME: ProducToken
👉 TOKEN SYMBOL: PROD
👉 TOKEN STANDARD: ERC-20
👉 TOKEN SUPPLY: 385,000,000 PROD
👉 COST OF 1 PROD: Token: 0.1€
👉 MIN PURCHASE: 10 PROD
👉 SOFT CAP: the equivalent of 2 million € EUR (If less will be received by the Token Sale End Date, then all funds raised will be returned to participants).
👉 HARD CAP: the equivalent of 20 Million € EUR
👉 TOTAL SUPPLY of PROD TOKENS: initially 238 million PROD tokens (61,7%) are allocated to the Token Sale. The final amount might differ depending on the bonuses applied to the token sale.
👉 PURCHASE METHODS: ETH, BTC, LTC, DASH & DOGE
Token sale will be ongoing according to the following schedule:
It must be noted that Productivist`s token value growth will be based on the platform/ecosystem development thus increasing demand for the tokens. Furthermore, PROD tokens are managed in the Ethereum ERC20 network and can be bought and exchanged in Ethereum-supported wallets or traded on all exchanges.
Project team:
The Productivist Blockchain Project’s team has been built around the expertise of Freelabster’s founders. The team is quite large and consists of five co-founders, nine advisors and eleven full-time developers having good experience in the related fields (blockchain technology, strategy and business development, additive manufacturing, system administration, traffic management, software engineering and architecture, data transmission, and ICO marketing). It is obvious that the co-founders of the project have made great efforts in selecting the key personnel and advisors. Such approach should result in the stable development of the Productivist concept. The full list of the team members and advisors can be found on the official website by following the link: https://ico.productivist.com/en/#team
Conclusions:
The productivist project is a promising undertaking in terms of revolutionizing manufacturing processes by implementing smart management and distribution solution based on blockchain mechanisms. The Productivist project gives the possibility to businesses to take benefits from implementing modern and efficient decentralized system allowing to manage production process in a more efficient way and at lower costs. The new approach of Productivist Blockchain Project will allow fast interactions and connections between smart devices thus building a trusting environment and creating a map of global manufacturing capacities. High ROI expected for investors!
Productivist contact details:
• Project website: https://ico.productivist.com/en/
• Twitter: https://twitter.com/ProducToken
• Telegram Group (Open Chat): https://t.me/productivist
• Facebook: https://www.facebook.com/productivist
• BitcoinTalk (Forum Thread): https://bitcointalk.org/index.php?topic=3075479
You can also participate in the Productivist project Bounty Campaign by following this link: https://bountyhive.io/join/Productivist?from=profitshooter
Any feedback on the Productivist project would be really appreciated. Thank you!