Alpha-User-Agreement with Additive Marking
Next cooperation agreement with a 3D printing expert company: Additive Marking GmbH and erecoin signed a Letter-of-Intent to achieve traceability of products using blockchain. Shortly after the official Initial Coin Offering (taking place February 18th) the partners will work on launching smart contracts for additive applications to ensure a reliable documentation of the whole manufacturing process chain.
The two companies specialized in additive manufacturing, Additive Marking GmbH and erecoin, announce their cooperation to further develop blockchain technology for 3D printing. The agreement will close an important gap to provide a continuous chain from the first 3D-Printing file to the printed part.
Managing director of Additive Marking GmbH, Dipl.-Ing. Ulrich Jahnke, is confident that erecoins blockchain solution is the appropriate partner to work with. And even more: As part of the agreement he adds his long-term experience in 3D printing of more than 10 years, as advisor to the erecoin start-up team.
“This contract shortly before the official sale of our tokens on February the 18th is a classic win-win situation. Matthias Habdank and Ulrich Jahnke from Additive Marking need a secure and reliable hook into the digital side. For us it is important to close the gap to the real printed part”, says erecoin co-founder Konstantin Steinmüller.
Like his partner, M.Sc. Matthias Habdank sends a strong sign of support and acts as erecoin advisor to support building the first additive blockchain solution. He has a master degree in computer science and deep knowledge about software needs in additive manufacturing. Dealing with information fusion he co-founded Additive Marking GmbH to ensure a reliable documentation of 3D printed parts.
Both partners strive to achieve traceability of products from a physical part to its digital twin secured by blockchain technology. The focus lies on spare parts with critical functionality, parts with a high risk of liability and legal compliance involved and in parts that need to be marked to fulfill legal requirements for traceability. Up to now we have successfully marked a significant number of parts to be ready for Additive Manufacturing”, says Dipl.-Ing. Ulrich Jahnke. Markings are generated directly during manufacturing process without increasing costs.
First customer Daimler subsidiary
One of the first customers of Additive Marking GmbH is Daimler subsidiary EvoBus GmbH, the pilot customer for the use case “spare parts”. In 2018 Additive Marking GmbH received an industry award for advanced progressiveness in innovative solutions in the domain of additive manufacturing. The price “INDUSTRIEPREIS” certifies companies dealing with advanced products and solutions that a characterized by a high economical, societal, technological and ecological benefit.
Blockchain technology offers the possibility to conclude smart contracts in order to solve legal and technical questions in the additive world. The data exchange and rules on the use of the data are integrated into the blockchain. This creates an efficient, secure and unambiguous relationship of trust between all parties involved in the process chain; from the first digital sketch to the finished individual product. The erecoin platform thus eliminates dependencies on economic and resource-rich centres and is a global and decentral accelerator of additive manufacturing. Individuals and companies, regardless of their geographical location, will be able to design, modify, buy and manufacture products using the erecoin platform.
Further project planning
From the 18th February 2019 on, the new crypto token for Additive Manufacturing can be purchased on the Ethereum infrastructure. The crowdfunding itself follows well-established processes of ICOs. Thus, the crowd sale, i.e. the official sale via online platforms takes place based on a scale of discount. The token purchase is divided into two steps. First the Investor has to pass a Know Your Customer Procedure and in the next step the smart contract will be concluded. This procedure ensures maximum transparency and legal compliance.
After this initial phase, the team begins with fine-tuning the erecoin project, building the team and infrastructure. The iterative development of the erecoin platform and the integration of smart contract functions into the platform will start in March 2019 together with Alpha users and their project staff. The team expects full functionality of the erecoin platform and establishment of the ERE as a utility token mid-2020.
Additive Marking GmbH
Three founding partners with a vision was starting point for Additive Marking GmbH. All of them with a deep background in academia at Paderborn University and its research institute for direct manufacturing technologies with a strong industrial cooperation. A triple drives our strategic direction: experience in 3D printing and IT development and a good feeling for real industrial needs. Marking of digital codes can be by embossing on the surface of the part, engraving in the surface or applying invisibly below the surface of the part. https://additive-marking.de
erecoin
The erecoin platform is a symbiosis of Additive Manufacturing and Blockchain. Both technologies are currently changing the world. Blockchain applications fundamentally change the financial economy — the additive manufacturing enables users to print real objects freed of production-technical restrictions. erecoin applies the logic and functionality of the blockchain system to the application in additive manufacturing. With the help of the utility tokens and smart contracts in erecoin, all participants in the 3D printing process chain will be able to carry out traceable, secure and simple transactions in the future. For more information read whitepaper on
erecoin.io
