NTU Singapore and ISF Launch Blockchain-based 3D-printing Startup

Asia Blockchain Review
June 9, 2019

NTUitive, an innovation and enterprise firm of Nanyang Technological University (NTU) in Singapore, has launched a 3D-printing joint venture with ISF Incubator, the tech-focused startup arm of global invention and investment company Intellectual Ventures.

The joint venture, known as Secur3DP+, aims to make additive manufacturing a more viable option for companies around the world by creating a global 3D-printing network linking various firms with properly vetted service providers.

ISF contributed the seed capital that initially funded the Singapore-based startup, which ISF said is built on a proprietary blockchain solution for transaction security, quality assurance, and intellectual property (IP) protection.

Simplifying Decentralized Manufacturing via Blockchain

The blockchain-based transaction platform essentially streamlines decentralized manufacturing through the management of vendor compliance, file transfers, payment and fulfillment.

Secur3DP+ both validates and authorizes all projects in order to ensure that the right products are manufactured and delivered in the most cost-effective manner, while also allowing startups and multinational corporations to track and protect their IP assets.

The joint venture, which has acquired certain patents and patent applications related to 3D-printing and embedded identifiers, has access to NTU’s expertise in 3D printing and blockchain technology.

From Prototyping to Changing Design and Manufacturing

ISF meanwhile noted that 3D-printing has matured from a tool for rapid prototyping to being able to make production-ready components, which in turn has radically transformed the design and manufacturing process.

In order to achieve true distributed manufacturing, the startup arm said it will be necessary for firms to secure workflow solutions to protect their brand and intellectual property from counterfeiters.

ISF first collaborated with NTU in 2016 through the NTUitive-led National Additive Manufacturing Innovation Center to develop an embedded identifier module.

Source: www.businesstimes.com.sg


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