Monetize your parts
In today’s digital world, the established system of spare parts supply feels dated. The future is the decentralized production of parts. Using quantity-based non-fungible tokens (NFT) and a DeMa-native cryptocurrency, you can safely and reliably monetize your parts.
In today’s digital world, the established system of spare parts supply feels dated. Centralized production sites, extensive warehousing and the complex logistics of shipping components around the globe contradict the idea of a fast, flexible and environmentally sound supplychain.
While decentralized manufacturing with the help of conventional methods like turning or milling as well as new disruptive methods like 3D printing is a smart solution, the concept has – until now – faced some challenges. The main issue: Suppliers need to safeguard their intellectual property and ensure that their components are not reproduced in unlimited numbers.
That’s why we started developing DeMa. The network uses NFT-based blockchain technology to exchange production data between suppliers and Original Equipment Manufacturers securely and with an integrated payment system. DeMa facilitates decentralized parts manufacturing directly at the point of use, in exactly the numbers that are needed – and paid for.
Are you ready to take part in the thriving token economy and scale your business with DeMa?
In a nutshell, the DeMa Network employs principles used in Decentralized Finance for cryptocurrency. First, DeMa tokenizes production data, creating a unique digital twin of the component. This digital twin can then be sold and traded in form of a Non-Fungible Token (NFT).
Original Equipment Manufacturers purchase the NFT from a virtual warehouse. When they redeem the token at their point of use, they receive the encrypted production data for single use. Once the manufacturing of the part is finished, the NFT is invalidated (burned), and a payment based on a DeMa-native cryptocurrency is issued automatically.
- the minimization of warehousing
- simple and fair payment through tokens
- the generation of new digital sources of income
- a flexible and transparent supply chain
- the secure and quantity-based trade of tokenized parts
- a smaller CO2 footprint due to a reduced flow of goods
Detailed information about the DeMa Network
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