Teijin and Fujitsu to develop blockchain-based platform to promote recycled materials use

Teijin Ltd., headquartered in Tokyo, and Fujitsu Ltd., also based in Tokyo, have launched a joint project to produce a blockchain-based commercial platform to enhance the environmental value of recycled materials for manufacturers. The collaboration is designed to 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 and Fujitsu's blockchain technology to collect and track primary data on environmental impact (including greenhouse gas, or GHG, emissions) to provide traceability.

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

Teijin and Fujitsu say they will start full-scale trials with fiber-reinforced polymers (FRP), which increasingly are used in aircrafts and electric vehicles (EVs), in the 2022 fiscal year. Based on the results of these trials, the two companies say they will consider expanding the scope of the project to other types of materials.