Asahi Kasei invests in circular blockchain startup
7 Dec 2022
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Circularise offers end-to-end traceability and secure data exchange for industrial supply chains
Dusseldorf, Germany – Asahi Kasei has taken part in the latest round of fund raising by blockchain startup Circularise BV, which was conducted in November.
Based in The Hague, The Netherlands, Circularise provides a software platform that offers end-to-end traceability and secure data exchange for industrial supply chains.
Founded in 2016 , Circularise has developed “a highly reliable” supply chain management system that achieves both data anonymity and transparency using blockchain technology, said Asahi Kasei in a 6 Dec.
The platform allows various information on raw materials, such as recycling history, biomass and recycling content, carbon footprint and third-party certification, to be traced through the supply chain while maintaining the confidentiality of each stakeholder's information.
Asahi Kasei said it expected that by joining the digital platform, it will be able to advance its carbon neutrality and sustainability objectives.
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