MESChain: The Blockchain Building Blocks for the 4th Industrial Revolution
The 4th Industrial Revolution (4IR) is at its preliminary stages and every industry is looking to leverage the technology behind this revolution into their operations. 4IR is marked as one which transforms manufacturing processes towards automation through enhanced and efficient systems. One such system in this revolution is the manufacturing execution system (MES); a system that monitors and controls industrial processes, ensuring improved productivity of the manufacturing processes.
What is MesChain?
MesChain, a product of Genesis Crypto Technology, is a blockchain-based MES solution for manufacturing processes. Adding to the existing progress in automation, MesChain enables industries to plan the manufacturing process, source materials for production optimally, complete the manufacturing process in time and ensure effective supply to meet changing demands in the market. That way, firms can establish a precise supply chain that eliminates wastage of resources, including time and money spent in sourcing production materials. Also, the businesses ensure that customers are satisfied; meeting their demands despite the dynamics of demand.
Optimizing Manufacturing Productivity
Firms using MesChain in their manufacturing sectors through their private blockchain improve their manufacturing process in the following ways:
Through MesChain token, manufacturing firms can process their payment transactions faster and securely, cutting off high intermediary costs. Industries minimize costs on sourcing materials and thus improve their net earnings. Also, the system is built on Ethereum’s ERC 20 token system. The escrow system for smart contracts ensures secure transactions for manufacturers and their customers.
The MesChain systems push for sustainable manufacturing by ensuring minimal wastage of resources and a more effective supply chain. With the ability to operate with other industry 4.0 technologies such as artificial intelligence (AI), this blockchain-based technology allows manufacturers to leverage even more solutions to make smarter processes for a smart future.
In summary
The developers of MesChain have over 15 years building MES technology and incorporating the system with blockchain further helps improve the systems’ efficiency for manufacturing processes. Products derived from systems running MesChain are of high quality and will provide the early adopters with a competitive edge over other market players. MesChain’s ongoing successful ICO is a great chance to participate in the project, and be part of the transformation of the manufacturing process from the onset of 4IR.
The 4th Industrial Revolution (4IR) is at its preliminary stages and every industry is looking to leverage the technology behind this revolution into their operations. 4IR is marked as one which transforms manufacturing processes towards automation through enhanced and efficient systems. One such system in this revolution is the manufacturing execution system (MES); a system that monitors and controls industrial processes, ensuring improved productivity of the manufacturing processes.
What is MesChain?
MesChain, a product of Genesis Crypto Technology, is a blockchain-based MES solution for manufacturing processes. Adding to the existing progress in automation, MesChain enables industries to plan the manufacturing process, source materials for production optimally, complete the manufacturing process in time and ensure effective supply to meet changing demands in the market. That way, firms can establish a precise supply chain that eliminates wastage of resources, including time and money spent in sourcing production materials. Also, the businesses ensure that customers are satisfied; meeting their demands despite the dynamics of demand.
Optimizing Manufacturing Productivity
Firms using MesChain in their manufacturing sectors through their private blockchain improve their manufacturing process in the following ways:
- Decentralized decision making, that includes evaluation of market demand for accurate material sourcing
- Efficient human resource management and employee performance tracking to recommend skills training to improve employee performance
- Systematic planning of manufacturing tasks for the production line
- Network and data security for all industrial components
- Interconnection for machines and human resource through the Internet of Things (IoT)
Through MesChain token, manufacturing firms can process their payment transactions faster and securely, cutting off high intermediary costs. Industries minimize costs on sourcing materials and thus improve their net earnings. Also, the system is built on Ethereum’s ERC 20 token system. The escrow system for smart contracts ensures secure transactions for manufacturers and their customers.
The MesChain systems push for sustainable manufacturing by ensuring minimal wastage of resources and a more effective supply chain. With the ability to operate with other industry 4.0 technologies such as artificial intelligence (AI), this blockchain-based technology allows manufacturers to leverage even more solutions to make smarter processes for a smart future.
In summary
The developers of MesChain have over 15 years building MES technology and incorporating the system with blockchain further helps improve the systems’ efficiency for manufacturing processes. Products derived from systems running MesChain are of high quality and will provide the early adopters with a competitive edge over other market players. MesChain’s ongoing successful ICO is a great chance to participate in the project, and be part of the transformation of the manufacturing process from the onset of 4IR.
