SAN FRANCISCO, JULY 17, 2018– SyncFab, the first hardware manufacturing supply chain blockchain focused on connecting hardware buyers with manufacturers, today announced that it has joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative.

As a member of the EEA, SyncFab will collaborate with industry leaders in pursuit of ethereum-based enterprise technology best practices, open standards, and open-source reference architectures. SyncFab joined Enterprise Ethereum Alliance to collaborate with leading manufacturers and government initiatives on the architecture and deployment of enterprise blockchain solutions to support the vision of Industry 4.0 through the SyncFab platform. Other prominent members include: Accenture, AMD, BP, Cisco, Deloitte, Hewlett Packard Enterprise, Intel, MasterCard, Microsoft, Pfizer, and many more.

“Commenting on the Company’s EEA membership, Jeremy Goodwin, SyncFab Founder and CEO, said, “The EEA is comprised of many of the best minds, and forward thinking business people and technologists from throughout the blockchain industry. Our EEA membership provides unlimited opportunity to raise our profile as a blockchain leader while networking and collaborating with many of the finest leaders in this exciting and disruptive space.”

With more than 500 member companies, the EEA membership base represents a wide variety of business sectors from every region of the world, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance. The EEA’s industry-focused, member-driven working groups are each tasked with creating and delivering specific advancements to the development and use of ethereum-based technologies.

About The Enterprise Ethereum Alliance

The EEA is an industry-supported, not-for-profit established to build, promote, and broadly support Ethereum-based technology best practices, open standards, and open-source reference architectures. The EEA is helping to evolve Ethereum into an enterprise-grade technology, providing research and development in a range of areas, including privacy, confidentiality, scalability, and security. The EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry-specific application layer working groups.

EEA will collectively develop open industry standards and facilitate collaboration with its member base and is open to any members of the Ethereum community who wish to participate. This open-source framework will enable the mass adoption at a depth and breadth otherwise unachievable in individual corporate silos and provide insight into the future of scalability, privacy, and confidentiality of the public Ethereum permissionless network. For additional information about joining EEA, please reach out to membership@entethalliance.org or visit www.entethalliance.org.

About SyncFab

Founded and headquartered near Silicon Valley, SyncFab is an active provider of best-in-class low-cost solutions to supply chain buyers and domestic manufacturers. SyncFab began as an online Design-For-Manufacturability platform evolving to a business-to-business supply-chain and IoT Machine Learning Data mobilization platform matching industrial parts purchasers with a growing network of machine shops and advanced manufacturing facilities mapped by who is local and who is clean — a ISO 50001 US DOE certification for efficient energy management. SyncFab’s state-of-the-art B2B ecosystem enables sustainable local advanced manufacturing economy by allowing buyers to procure, manage and track parts production online, making local production faster and more efficient rendering the procurement bidding process more transparent through the power of the internet, blockchain and online payment. SyncFab’s customers include top 50 industrial manufacturers in the Northern California area. SyncFab collaborates with federal and municipal government initiatives in public-private partnerships to advance civic innovation and economic development.