Teijin and Fujitsu Use Blockchain to Improve Plastics Recycling

Tokyo-based Teijin and Fujitsu have jointly developed a blockchain-based platform that supports the use of recycled plastics, promotes environmentally conscious product design, and enables manufacturers to quantify their operations’ environmental impact. The commercial platform uses Teijin’s Life Cycle Assessment (LCA) Calculation Method to measure the impact of manufacturing processes throughout the value chain. Powered by Fujitsu’s blockchain technology, the platform can collect and track environmental-impact data. The goal is to promote sustainable use of recycled plastics and other materials and to provide manufacturers with reliable information on the origin of recycled resources as well as data on greenhouse-gas emissions. Fujitsu’s blockchain technology ensures transparency and traceability, making it nearly impossible to falsify the data.