Teijin And Fujitsu To Develop Blockchain-Based Platform

The collaboration will promote environmentally conscious design by leveraging Teijin’s Life Cycle Assessment (LCA) Calculation Method for measuring the environmental impact of manufacturing processes across the value chain, as well as Fujitsu’s blockchain technology to collect and track primary data on environmental impact (including GHG emissions) to deliver reliable, transparent traceability.

The new platform will promote the use of recycled materials and environmentally friendly designs by providing manufacturers who design products from recycled materials with accurate information about their environmental footprint, including proof of origin of recycled materials and data on GHG emissions.

As a first step in their collaboration, Teijin and Fujitsu will start full-scale trials with the aim of realizing business in the FRP field within fiscal 2022. Based on the results of these trials, the two companies will consider expanding the scope of the project for other types of materials. Moving forward, Teijin and Fujitsu will continue to contribute to the materials industry as a starting point for the realization of a “circular economy” and will promote environmentally conscious design in society by promoting the use of reliable recycled materials.