ABOUT THE PROJECT
CAPS-CO: Carbon Accounting of Product Supply Chains using ONTOCHAIN
With global governments and the EU tightening their environmental legislation to accelerate the transition to Net-zero, businesses are under increasing pressure to firstly quantify and then reduce their carbon emissions.
CAPS-CO proposes a novel solution intertwining between the innovations of ONTOCHAIN and LCA/PCF within the exciting application domain of medical products. CAPS-CO will focus on design ideation and concept testing of its system. The innovation process and multidisciplinary approach means we can respond to new ideas and capture technologies and the latest research from across our team and from ONTOCHAIN. This will facilitate the further understanding of the user needs of manufacturing communities in the UK and Europe. The project outputs will enable the team to expedite the time to market of an idea (CAPS-CO) that will disrupt the market and become a leader in the CCA market in a way that benefits manufacturers, consumers, and the EU economy. Stakeholder engagement will allow us to undertake user-centric iterative design testing to adapt the product to user needs and allow us to transform our innovation into a scalable industrial product.
Motivation for the project:
With governments tightening their environmental legislation to transition to Net-zero, businesses are under pressure to quantify and reduce their carbon emissions. From this, CAPS-CO will enable the rapid deployment and exploitation of ONTOCHAIN, providing enormous commercial and social impacts.
Generic use case description:
The use case will involve medical manufacturing industry partners providing real-life data to test the effectiveness of our solution, thus creating a working demonstrator of the tool prior to penetrating the market.
Corporate Carbon Accounting (CCA): Accurate corporate level carbon accounting using primary data.
Footprint (PCF): individual product carbon footprint calculated using primary data throughout the supply chain. Tokenisation: Incentivising the use of the CAPS-CO tool.
How these functionalities can be integrated within the software ecosystem:
CAPS-CO uses libraries and components from ONTOCHAIN for rapid development, the successful deployment of which will have massive economic, social, and environmental benefit across sectors, contributing to the impacts of ONTOCHAIN.
Gap being addressed:
There is a gap in the market for a web-based tool that facilitates and incentivises both corporate carbon accounting and product carbon footprint using sensitive primary data in a secure, transparent, and trustworthy manor.
Expected benefits achieved with the novel technology building blocks:
CAPS-CO shares the same vision of ONTOCHAIN and could employ the already constructed framework provided by ONTOCHAIN. By design, the ONTOCHAIN-based solution will facilitate a protected exchange of data, whilst semantically linking business’ operation systems.
Potential demonstration scenario:
This project will yield a demonstrable tool that will interact and exchange data with the business’s resource management, calculate CCA/PCF securely off-chain, and store resulting emissions data on-chain for immutable and secure records.
CAPS-CO tool delivers trusted, privacy-preserving, traceable, transparent and legislation compliant carbon accounting data using blockchain.
Currently open to the ONTOCHAIN community only. Reach out if you need access.
Oliver Baker (CEO RemadeGroup) has a proven record in the development of e-commerce platforms and mobile apps utilising blockchain for track and trace capabilities.
Dr. Peter Fearon (COO RemadeGroup) is widely experienced in business development and extracting value from university derived and other early-stage ideas.
Prof. Nachi Subramanian (CTO RemadeGroup) is an authority in manufacturing supply chain management through his 20+ years of research and is the author of Blockchain and Supply Chain Logistics.
Taras Filatov (CEO of Dappros Ltd) holds a Ph.D in Computer Science and has authored several articles on the application of blockchain in the supply chain, including a "Blockchain in logistics report 2018", white paper.
Dr. Yan Wang is an expert on carbon emissions, ontology-based knowledge management, data exchange between various manufacturing systems.
Mr. Jack Sharp is an expert in emission modelling through his work on emission calculation of medical devices in partnership with NHS and the Association of Medical Device Reprocessors (AMDR).
Daniel J. Vukelich, (President and CEO of AMDR), has close ties to medical manufacturing and remanufacturing giants, providing essential primary supply chain, manufacture data, and end-of-life data.
RemadeGroup are an ambitious new entry in the green tech space, spun out of an innovative governmental funded project on sustainable supply chains.
Dappros Ltd offers expert consulting services in Web3 and DLT including Ethereum EVM, Solidity smart contracts development and tokenization.
AMDR (Association of Medical Device Reprocessors)
AMDR’s (Association of Medical Device Reprocessors) mission is to promote and protect the legal, regulatory, and other trade interests of the commercial reprocessing industry.