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Just as with any situation in which an overarching dominance has been asserted across a market sector, the rise of emerging and disruptive technological and methodological innovations has created opportunities for new competitors to challenge the established thrones.
Amazon is an example of an organization that dominated the technological war of the online shopping retail space, resulting in a near monopolization of the market. This is in addition to providing highly competitive and often seminal services, such as 24/7 next day deliveries.
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The thing is that Amazon’s e-commerce victory was accomplished on a commercial battleground based upon centralized digital infrastructure. This was the source of their victory; however, it is also potentially their greatest downfall. This isn’t just the case for sales and distribution, either…
Industrial Revolution 4.0 and Beyond
Industrial Revolution 4.0 is a concept that dates back to 2011 (which may as well be two decades in internet years!).
To put it simply, the term refers to the role that internet communications technology have played and the potential it has to enhance the production and manufacturing sectors. This is in addition to the impact that such developments have and can have upon operational and business processes and strategy.
This is self-evident by the symbiotic rise of e-commerce organizations such as Amazon along with remote, warehouse-based national and international distribution networks. In spite of this, however, there are numerous, more recent projects that are elevating such concepts to new levels.
What is Smart Manufacturing and what future does it have?
Many spokespeople, industry proponents, and pundits have recognized that Smart Manufacturing is the next step in the Industry 4.0 narrative.
The Smart Manufacturing Leadership Coalition (SMLC) is an organization founded by the U.S. Government during the Obama administration and incorporated in 2012. They define the concept as follows:
“Smart Manufacturing is the ability to solve existing and future problems via an open infrastructure that allows solutions to be implemented at the speed of business while creating advantaged value.”
The concept is not a new one, but like with Amazon’s centralized market leading solution, it is one that is arguably ripe for disruption due to the stagnancy seen amongst the current gamut of solution providers.
Productivist: the decentralized Blockchain solution
Productivist is a unique decentralized Blockchain and associated protocol and is posited to become the next evolutionary step for both the Smart Manufacturing and ‘Industrial Revolution’ movements.
Through use of a peer-to-peer (P2P) network and a global decentralized marketplace, Productivist’s solution connects private and professional manufacturers with their clients immediately. This revolutionary new approach will reduce costs and drive efficiency in the globalized manufacturing sector.
Beyond transparent and immutable storage, tracking and real-time indexing of qualitative and quantitative records (such as client feedback), Productivist’s solution will supposedly mitigate the ‘bottleneck’ effect that occurs as a problematic result of existing systems.
The Team, the Details, and the Verdict
With their use-case and real-life applications out of the way, Productivist has been counting down to their forthcoming pre-ICO launch date on May 1, 2018. The ticket is ‘PROD’ and the platform overall will run on the pre-existing Ethereum Blockchain.
Tokens are deliverable to any ERC-20 compatible wallet and can be used immediately upon receipt for the purchase of 3D printing services on the Freelabster.com platform. This is because four out of five of the France- and Dubai-based Productivist co-founders hold middle, senior, or executive level management positions at both companies.
If you would like to learn more about the platform and proprietary cryptocurrency, you can visit their official website which includes both a whitepaper and lite-paper. They also have a strong social media presence, including Twitter, Facebook, Telegram, and Medium.
Self-proclaimed trading expectations are as follows:
Smart-manufacturing market value by 2025: €321 bln (Source: Grand View Research, Inc)
Market share objective: 0.88%
Annual Volume: €2.84 bln
Daily volume: €7.78 mln
Estimated yearly trading volume for each PROD based on released token supply: €11.93 per PROD