Panasonic Launches “RMP Project” that Utilizes Final Aim’s Blockchain Platform for the Future of Buying Experience & Supply Chain Management

2023.02.24

Tokyo, Japan, February 24th, 2023 – Final Aim, Inc. (Delaware, US, CEO Masafumi Asakura, and CDO Yasuhide Yokoi) is proud to announce that the company has collaborated with FUTURE LIFE FACTORY, Panasonic Design Center of Panasonic Corporation to launch the “Removing Microaggression Products (RMP) Project.”

The project aims to create the future of purchasing experience born from an original concept of product traceability, focusing on “empathy” through personal information that conveys humanity rather than the conventional information of nationality, material, etc.

Panasonic utilized Final Aim’s blockchain technology and the platform “Final Chain” to realize the concept of tracing and connecting the information between manufacturers and users, creating product value and purchasing experience never before.

As a launch campaign, the project team will set up a pop-up store, “MADE IN > MADE BY – RMP Project POP-UP STORE,” for a limited time from March 3rd to 5th at Reload Shimokitazawa. A limited number of 100 original shirts will be sold on-site. Customers can get in touch with the new purchasing experience trace and connect with the manufacturers using Final Aim’s blockchain platform.

Pop-up Store Details

Future of Purchasing Experience Through Empathy, “MADE IN > MADE BY – RMP Project POP-UP STORE”
URL: https://panasonic.co.jp/design/flf/events/rmpproject_madeby/
Date/Time: March 3rd to 5th, 2023 / 10 am – 7 pm
Location: Reload Shimokitazawa (https://reload-shimokita.com/), Entrance Hall (3-19-20 Kitazawa, Setagaya City, Tokyo 155-0031)
Fee: Free

Project Concept

Concept Movie YouTube URL:https://youtu.be/I7NK0a7O5hE

Today, the world calls for the importance of “traceability,” in which companies disclose information such as the place of production, production methods, and quantitative data to measure environmental impact. Soon, the nationality, gender, age, etc., of manufacturers may also be disclosed, and it may become a common custom for consumers to make purchasing decisions based on such transparency.

In this context, Panasonic and the team propose the future of purchasing experience realized from unique traceability concept. It is a purchasing experience that begins with “empathy.” It is an experience that fosters emotion through information utterly different from the place of production and environmental impact figures, but through “the life, tastes, and emotions of the creators and makers.”

What if my favorite musicians are the same as the material manufacturer?
What if I can find a common way of spending holidays with the production manager?
What if I know the salesperson’s dream and want to support them?

Usually, we unconsciously purchase products based on biases such as the country of production. Through the project, the team aims to free consumers from prejudices by connecting the products’ backgrounds, such as emotions and humanity like above.

About “Removing Microaggression Products (RMP) Project”

The project aims to remove microaggressions (prejudices born subconsciously) that underlie products of various genres through the empathy gained by receiving personal and emotional information from the creators and makers.

For the first theme, the project selected “Fashion.” The team collaborated with an all-inclusive fashion brand, “SOLIT!” and developed an original shirt, “SOLIT Broad Shirts – RMP Project model –” that users can easily trace the personal and emotional information of the creators and makers.

Additionally, the technology that connects manufacturers and users has been developed in collaboration with Final Aim. The team utilized the platform “Final Chain,” which uses blockchain and smart contracts, also known as Web3 technology.

Project URL: https://panasonic.co.jp/design/flf/works/rmpproject/

About The Original Shirt “SOLIT Broad Shirts – RMP Project model –”

The shirt (¥10,000/Tax excluded) can be purchased at the pop-up store from March 3rd to 5th, 2023, or through SOLIT! website (https://solit-japan.com/).

The Technology that Connects Manufacturers and Users

From the input through an original website answered by buyers of the original shirts, the manufacturers and buyers will be connected through the blockchain platform “Final Chain.” The team expects users to enjoy the personal and emotional information of the producers and find out with whom each empathizes.


Project Teams

This project is led by FUTURE LIFE FACTORY in Panasonic Design Center of Panasonic Corporation, with Final Aim providing the blockchain platform and technical advisory, and McCann Alpha, SOLIT, and Paragon participating as collaborators.

About FUTURE LIFE FACTORY, Panasonic Design Center, Panasonic Corporation
https://panasonic.co.jp/design/flf

A design studio that takes a creative approach based on human values and social issues and applies insights to mold a future vision. The studio explores the future of new types of businesses and ponders how we’ll live in the world of tomorrow, drawing on ideas not simply derived from conventional concepts.

About McCann Alpha, McCann Erickson Japan Inc.
https://www.mccannwg.co.jp/

McCann Erickson is the flagship agency of the McCann Worldgroup, the only genuinely international advertising agency capable of independent media planning and buying. Since its establishment in 1960, McCann Erickson Inc. has been working with major corporations, both Japanese and foreign-affiliated. McCann Alpha, established in 2021, is a creative partner organization focused on business co-creation. The partner currently works with Panasonic and many other companies on projects ranging from 0 to 1 to 10, including services, products, and brands.

SOLIT, Inc.
https://solit-japan.com/

Solit is a company that develops using inclusive design to realize an “all-inclusive economy” where everyone can accept differences and coexist healthily. As a first step, the company has developed a semi-personalized fashion brand, “SOLIT!” that is easy to put on and take off and allows customers to choose their favorite size and length for each body part, regardless of disability, sexuality, body shape, etc. The brand won the GOLD Award at the iF DESIGN AWARD 2022, one of the world’s top three design awards.

PARAGON DIGITAL DESIGN
https://www.paragon.co.jp/

PARAGON DIGITAL DESIGN is the digital solutions team of Paragon Inc. It is a digital solutions team of PARAGON Corporation, which has been in business for 51 years and is committed to creating unique products in the digital domain under the spirit of “paragon,” which means “gem” and “model.”


About the blockchain platform, “Final Chain”

Final Aim has been driving the adoption of Web3 technologies, such as blockchain and smart contracts, globally in the industrial design and manufacturing industries.
Since its blockchain platform release, the company has collaborated with industry leaders: Panasonic USA, a design division in New York; AUTODESK, a global leader in 3D design, engineering, and entertainment software; Ultimaker, a Netherland-based global leader in the professional 3D printing industry. In August 2022, Final Aim announced a partnership with Sony Design Consulting and Sony Computer Science Laboratories for its blockchain technology application. Alongside the development and collaboration, the company applied for three patents internationally.
Furthermore, Final Aim was accepted into Berkeley SkyDeck, a world-renowned Silicon Valley startup accelerator. It has been elected and awarded “The Most Likely to Become The Next Unicorn” at its program “Global Innovation Showcase.” Final Aim has also been accepted into Plug and Play Japan, the world’s leading accelerator/venture capital.

About Final Aim

Company Name: Final Aim, Inc.
Location: Headquarters, US / Subsidiary, Japan
Founders: Masafumi Asakura, Chief Executive Officer / Yasuhide Yokoi, Chief Design Officer
Business Description: Drive the adoption of Web3 technologies for design and manufacturing
Website: https://final-aim.com
Contact: contact@final-aim.com

Frictionless Contract Management & Execution by Blockchain, Smart Contracts & Token – Customer Story: Furniture Design Project with iforest, Inc.

2023.02.01

Contract management and execution are complex and risky.
Specifically for designers and manufacturers, in addition to difficult and sensitive terms in the contract, it becomes more complicated as intellectual property, subcontractors, and payment management play a critical role.
For example, whose and which intellectual property in work and when it was transferred is impossible to search and trace via the current contract format and existing solution. These become further complicated when layers of players, administrators, stakeholders, and subcontractors interact with separate agreements and payment terms.
This administrative complexity is universal to the design and manufacturing industry. However, if not managed and executed well, not only is it inefficient and costly, there is a risk of accusation and lawsuit at worst – unfortunately, not uncommon in the industry.

Current problems of design & manufacturing contract management

With this background, Final Aim builds a blockchain platform to answer one question:

“How can we make the contract management and execution frictionless so that designers and manufacturers can focus on their true value creation?”

Delaware, US, February 1st, 2023 – Final Aim, Inc. (CEO Masafumi Asakura and CDO Yasuhide Yokoi) today announced that the company utilized its blockchain platform in a furniture design project by the creative agency CIRCULAR DESIGN STUDIO./Shinto Tsushin Co., Ltd. (Kikuro Tani, Chairman & Representative Director) and the forestry tech startup iforest, Inc. (Koumei Maruyama, Co-Founder & CEO).

The project aims to rediscover and enhance the value of local forest resources by developing product designs that tell the local story. The team selected Hakuba Village as an initial area for launch. It released an original furniture design – also designed by Final Aim – in which the wood is cut from and manufactured locally in the village.

Modular design that integrates aesthetics, functionality, and scalable usage

Flexible design that could be generated as chairs and tables with various size

Patented design that could instantly be assembled and customized

Like general design and manufacturing projects, the team and the designer created and agreed on a design contract. Specifically, the contract states which designs in the design proposal documents the client can manufacture and commercialize. The agreement was also tailored as a license contract defining the starting date and limiting the time available for commercial use. Furthermore, the contract represents the intellectual property – also legally design patented – remains to the original designer and restricts the client to edit, resell or sub-license to other subcontractors.

Though the contract generation and agreement proceeded smoothly, properly managing and accurately executing the contract is challenging for the team, with limited administrative resources and various stakeholders, including the manufacturers.

Design and manufacturing with numerous stakeholders and subcontractors

“Traceable, transparent, and automatic” – Contract management and execution by blockchain, smart contracts, and token.

The project utilized Final Aim’s blockchain platform as a POC study to overcome the challenges. Firstly, upon public blockchain and distributed storage, the team implemented the platform for ample file storage for all critical evidence. The project manager, designer, and manufacturers used the platform for sharing on a remote daily basis.
Then, the platform generated an NFT as a utility token that bundles all the essential files (approved proposals, design renderings, final 2d drawings, final 3d files, etc.) and ownership evidence (owner, date, time, patent filings, etc.) stated in the contract. Furthermore, the smart contracts originally built behind the token resembles the essential elements of the contract terms, such as the token transfer limit and automatic expiration. The platform supported the token transfer to the client’s digital wallet upon agreement and fee transaction.

The blockchain platform utilization made complicated and messy management traceable, opaque subcontracting/sublicensing transparent, forgetful and risky payment and license expiration automatic. As a result, the platform unlocked significant benefits and derisked the team and the project with limited time and administrative resources.

Actual project screenshots of the blockchain platform used in the project

About the blockchain platform, “Final Chain”
Final Aim has been driving the adoption of Web3 technologies, such as blockchain and smart contracts, globally in the industrial design and manufacturing industries.
Since its blockchain platform release, the company has collaborated with industry leaders: Panasonic USA, a design division in New York; AUTODESK, a global leader in 3D design, engineering, and entertainment software; Ultimaker, a Netherland-based global leader in the professional 3D printing industry. In August 2022, Final Aim announced a partnership with Sony Design Consulting and Sony Computer Science Laboratories for its blockchain technology application. Alongside the development and collaboration, the company applied for three patents internationally.
Furthermore, Final Aim was accepted into Berkeley SkyDeck, a world-renowned Silicon Valley startup accelerator, and Plug and Play Japan, the world’s leading accelerator/venture capital.

About Final Aim
Company Name: Final Aim, Inc.
Location: Headquarters, US / Subsidiary, Japan
Founders: Masafumi Asakura, Chief Executive Officer / Yasuhide Yokoi, Chief Design Officer
Business Description: Drive the adoption of Web3 technologies for design and manufacturing
Website: https://final-aim.com
Contact: contact@final-aim.com