Legal supervision of contract management and execution using blockchain and smart contracts in the design and manufacturing industry.

Tokyo, Japan, May 25th, 2023 – Final Aim, Inc. (Delaware, US, CEO Masafumi Asakura, and CDO Yasuhide Yokoi) is pleased to announce that Uchida & Samejima Law Firm (Representative Partner Masahiro Samejima), which specializes in technology and intellectual property, is supervising our blockchain platform for industrial design and manufacturing.
The supervision of Uchida & Samejima Law Firm will contribute to the effectiveness and future development of managing and executing complex contracts, such as design contracts, that arise in the design and manufacturing industry using blockchain and smart contracts.

About The Blockchain Platform “Final Chain”

In industrial design and manufacturing, there exist complex and high risks in managing and executing contracts, such as proper handling of intellectual property rights, managing and processing payments for multiple layers of subcontractors, and more.
Particularly for large companies, correctly managing and executing the tens of thousands of contracts that arise annually entails significant administrative costs, legal risks, and potential loss of opportunities.

Based on this background, Final Aim has developed the blockchain and smart contract platform “Final Chain.” It is actively working towards addressing the challenges of contract management and execution in the design and manufacturing industry.
The platform reduces administrative costs and risks by achieving transparency, traceability, immutability, and automation in contract management and business processes carried out by designers and manufacturers. Furthermore, it allows them to focus on value creation in their core activities, such as design and manufacturing.

Since our blockchain platform “Final Chain” was announced in November 2021, we have been experimenting and pursuing practical utilization with companies such as Sony Design Consulting, Panasonic, with operations spanning the United States and Japan, and Autodesk, a global leader in 3D CAD software.

Legal Supervision by Uchida & Samejima Law Firm

To further develop and expand our blockchain platform’s functionality, we will continue to receive supervision from Uchida & Samejima Law Firm in intellectual property rights and legal affairs.

Located in Tokyo, Japan, Uchida & Samejima Law Firm excels in seamlessly integrating intellectual property and legal services, including formulating and executing intellectual property strategies and handling IT-related legal matters such as contract drafting and resolution of system disputes. The firm provides intellectual property and legal support to many clients, from large corporations to startups, universities, government agencies, and research institutions.
Moreover, the firm’s strength lies in its ability to provide technology-oriented legal solutions based on the understanding of technology and business possessed by each of its attorneys, utilizing their intellectual property and legal affairs skills.
Leveraging these strengths is our primary objective of receiving supervision from the Uchida & Samejima Law Firm for our blockchain platform.

With the rich knowledge and track record of Uchida & Samejima Law Firm in managing and executing contracts and intellectual property rights in the design and manufacturing industry, we will advance the supervision based on their expertise.

About Uchida & Samejima Law Firm
Uchida & Samejima Law Firm has the “Technology Law” concept, which involves leveraging technology and law seamlessly to drive businesses forward strategically.
Since its establishment, the firm has provided legal services to realize Technology Law, including advice that combines intellectual property strategies and practices. They have supported various companies, including startups with superior technology and ideas, small and medium-sized enterprises that demonstrate a presence in manufacturing, and leading Japanese corporations. Many of the firm’s attorneys have backgrounds in science and engineering and experience working in intellectual property departments and patent law firms as patent attorneys.
As a result, they can handle a wide range of technical areas, including life sciences, chemistry, materials, machinery, electronics, semiconductors, software, IT, and more.

Firm Name: Uchida & Samejima Law Firm
Location: Minato-ku, Tokyo
Affiliation: Tokyo Bar Association
Member Organization: LawExchange International
Services:
– Intellectual property and technology-related disputes (patent litigation, product liability, and other disputes involving technology)
– IT system-related legal affairs and dispute resolution (copyright, subcontracting agreements, quasi-delegation contracts)
– Outsourcing services for intellectual property departments and legal departments (primarily targeting small and medium-sized enterprises and startups)
– Intellectual property management advisory services (primarily targeting large corporations)
– Corporate legal affairs (general legal services including company law, corporate restructuring, bankruptcy filing, labor issues, debt recovery, etc.)
Website: https://www.uslf.jp/

About Final Aim
Final Aim has been driving the global adoption of Web3 technologies, such as blockchain and smart contracts, in industrial design and manufacturing. In November 2021, the company announced the beta version of its blockchain platform, “Final Chain.”
In April 2022, they established a headquarters in the United States. In September of the same year, Final Aim was accepted into “Berkeley SkyDeck,” a world-renowned Silicon Valley startup accelerator. In February 2023, they were chosen as “The Most Likely to Become the Next Unicorn” within the program.

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