Buy Smart MFG (MFG)
What is Smart MFG?
Smart MFG is a blockchain-based platform middleware network designed to support digital transformation across design, manufacturing, supply chains, and the maker-driven sector by enabling Real World Asset (RWA) tokenization. It aims to bridge digital and physical assets in a 'phigital' model, empowering both enterprises and individual creators through tokenized transactions, secure payments, and incentivized sourcing.
How does Smart MFG work?
Smart MFG operates on the Ethereum blockchain, utilising ERC20 tokens, with the $MFG token central to its network. It uses custom RWA tokenization tailored to manufacturing and supply chain industries, focusing on bridging the gap between large enterprises and underutilized SME suppliers. Smart MFG also plans to develop a 3D NFT marketplace known as PHIGITAL to integrate 3D communities for building an open metaverse. Its smart contracts, built on Ethereum, manage tokenized transactions and secure payments with enhanced functionality through Chainlink's oracle services.
What are the potential use cases for Smart MFG?
Potential use cases for Smart MFG include:
- Predictive Maintenance: Utilising data analysis to predict equipment failures, thus reducing downtime.
- Asset Tracking: Monitoring assets across their lifecycle to enhance control and efficiency.
- Inventory Management: Using real-time tracking to streamline operations and reduce waste.
- Quality Control: Real-time monitoring to minimise defects and improve production processes.
- Supply Chain Optimization: Streamlining processes to enhance agility and efficiency in response to market changes.
These use cases leverage smart manufacturing principles, which can be effectively applied through blockchain technologies like Smart MFG.
What is the history of Smart MFG?
Smart MFG's history includes pioneering RWA tokenization with one of the first Hardware NFT Tokenization initiatives launched in 2018 through its technology partnership network. It focuses on custom RWA tokenization for compliance in manufacturing and supply chains. There are no specific details on its founding date or major updates noted in the sources, but it continues to operate on the Ethereum blockchain, benefitting from its ongoing technological advancements.
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Frequently Asked Questions (FAQs)
What is the current price of Smart MFG (MFG)?
The Smart MFG price is $0.00180364 AUD, representing a +0.09% from the day prior.
Where is the best place to buy Smart MFG (MFG) in Australia?
The best place to buy Smart MFG (MFG) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Smart MFG (MFG) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Smart MFG (MFG)?
The trading volume of Smart MFG (MFG) is $589 AUD in the last 24hrs, representing a +0.09% from the day prior.
How can I buy Smart MFG (MFG)?
Smart MFG (MFG) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Smart MFG (MFG)?
The current market cap of Smart MFG (MFG) is $624.7K AUD.
Can I convert Smart MFG (MFG) to cash?
Yes - With Coinstash you can convert your Smart MFG (MFG) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Smart MFG (MFG) are there?
The current circulating supply of Smart MFG (MFG) is 385.9M.
Is Coinstash a safe place to buy Smart MFG (MFG) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Smart MFG (MFG) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.