Chemical Product Passports for Environmental Attribute Traceability
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Solution Overview
Problem
In complex chemical supply chains, achieving transparency in environmental impact across value chain participants is challenging due to the lack of effective methods for sharing and tracking environmental attributes associated with specific chemical products.
Innovation Solution
A system and method for producing specific chemical products associated with a digital asset or passport, which includes a chemical production network that tracks environmental attributes of input materials and chemical processes, and generates a digital asset with a decentral identifier linked to these attributes, enabling secure and transparent data exchange.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Loss of information
If a digital asset system with decentral identifiers is implemented to track environmental attributes, then transparency and traceability of environmental impact data is improved, but system complexity and implementation difficulty increase
Solution Approach 1:
The patent creates digital copies (digital assets) of environmental attribute information that can be transferred and verified across the supply chain without moving physical materials. Each chemical product receives a digital twin containing its environmental footprint data, enabling transparent tracking while keeping the physical supply chain unchanged.
Solution Approach 2:
The patent introduces digital assets as intermediary carriers between producers and consumers of chemical products. These digital assets mediate the transfer of environmental attribute information, allowing verification of sustainability claims without requiring direct complex interactions between all supply chain participants.
2Reliability
If environmental attributes are tracked for each specific chemical product through digital assets, then environmental accountability is improved, but data management and processing requirements increase
Solution Approach 1:
The patent segments environmental attribute data into discrete, standardized digital asset tokens that can be individually managed and transferred. Each chemical product's environmental footprint is divided into specific attribute categories (carbon footprint, water usage, etc.), making the data manageable and verifiable without overwhelming complexity.
Solution Approach 2:
The patent transforms environmental attribute information into standardized digital parameters with defined formats and structures. By converting qualitative environmental data into quantifiable digital parameters, the system enables efficient processing and verification while maintaining reliability.
Data Source
AI summary
Disclosed are systems for producing a specific chemical product associated with a digital asset, methods for producing a specific chemical product associated with a digital asset, apparatuses for generating a digital asset, computer-implemented methods for generating a chemical pass-port, computer program elements for generating a digital asset, uses of a specific chemical product associated with a digital asset, uses of a digital asset, products produced from the spe-cific chemical product and associated with a digital asset, a digital asset including one or more decentral identifier(s) and data related to the environmental impact data, apparatuses for pro-ducing a product associated with the digital asset and methods for producing a product associ-ated with the digital asset.