Project Review: iProductivist

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iProductivist: a new standard for smart manufacturing and production

Productivist’s Blockchain Project is launching new decentralised manufacturing services for individuals and private companies of any scale and creating a new standard for smart manufacturing production. The company is headquartered jointly in Nice, France and Dubai, United Arab Emirates.

Using blockchain technology, iProductivist is creating an open eco-system that will provide a remote, secure, efficient method of connecting manufacturers and their clients, ensuring not only secured contracts but also transparency in the manufacturing chain of command for all sectors. The project sees itself as part of “the Industrial Revolution 4.0” powered by open data streams whereby private individuals and companies of any scale can contribute. Productivist is correct that the manufacturing economy has not been able to take advantage of its increasingly global scale for various reasons, and this has resulted in waste and inefficiency. For example, the current international manufacturing economy has developed such that the only way for a company to prevail is through capital-heavy investments, frequent relocations, and aggressive management techniques. These aspects of global manufacturing create barriers for new companies and stakeholders to participate, while at the same time stifling innovation and wasting valuable capacities. The Productivist team wishes to respond to these problems by providing an open, free and global alternative.

iProductivist's grand vision involves manufacturing machines of all types being connected to the blockchain by the individuals and companies that control them. Their availability for use would be tracked in real time and connected to users in need of manufacturing services. The owners of the machines will be able to remotely access production schedules, while the clients can monitor their order’s progress. At a global scale, such a system would reduce waste and inefficiency, while optimally achieving an automatic balance of the supply of manufacturing capacity with production demand worldwide.

These ambitious plans are based on scaling up the success that Productivist has had in the area of 3D printing. In 2016, it created Freelabster.com, which is a collaborative network connecting 3D printer owners with potential clients. There are over 3000 certified freelabsters (companies or individuals) operating on the platform offering services for both private or industrial projects. The website boasts that the average request for service is filled in 3 minutes. The Productivist Blockchain Project plans to expand on the original Freelabster concept by providing access to various manufacturing capacities in addition to 3D printing through a smart contract protocols. Moreover, any platform would be able to use the Productivist blockchain and create their own branded and customized apps. An example is OpenWood, an app that shares resources among carpenters. Another is Happy3D, a 3D printer repair parts directory developed for Boulanger, a large retail chain in France.

Token Usage

The ProducToken will be used as a utility token on the blockchain to pay for products, modelling and design, as well as consulting services. Manufacturers will be able to decide either to be paid in PROD or in Fiat money. Fiat money received to purchase services through the Productivist’s ecosystem will be changed into PROD tokens. The value of PROD will rise depending on commercial usage of the Productivist ecosystem.

Website: https://ico.productivist.com/en/
Explainer video:

ETH: 0xF3E6f86Beb14875Ee52838D55A6a9c685f546cA4
Read the article on Linkedin: https://www.linkedin.com/pulse/iproductivist-new-standard-smart-manufacturing-production-mina-down/