PANews February 24 News, according to Cointelegraph, Swiss technology company Hashgraph Group has launched a Hedera-based EU Digital Product Passport tool, the TrackTrace supply chain tracking platform, aimed at helping businesses comply with upcoming EU product regulations. The platform records product movement and emission-related data to build verifiable product information audit trails and integrates AI agents to automate compliance reporting processes.
This move responds to the Sustainable Product Eco-Design Regulation, which takes effect in July 2024. The regulation establishes a framework for creating specific rules for products with digital product passports, standardizing how key product information is recorded and shared across supply chains. The first major milestone is the EU Battery Regulation, effective February 2027, which requires passports for electric vehicles and industrial batteries. Other priority categories such as textiles, clothing, and steel will be included in the DPP scope starting July 2027.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Secured Finance Crosses $40M Cumulative Crypto Lending Volume As the Protocol Experiences Growth ...
Secured Finance, a DeFi platform provider for cryptocurrency loans and derivatives market, today announced that cumulative trading for crypto lending products on its protocol has surpassed the $40 million mark. This milestone indicates significant adoption of on-chain access to global DeFi lending m
BlockChainReporter20m ago
Aave Founder Outlines $200T DeFi Infrastructure Financing Vision
Stani Kulechov outlines a framework for decentralized finance (DeFi) to fund global infrastructure, emphasizing a shift from liquidity supply to infrastructure demand through asset-backed lending. He identifies critical sectors and financing models, suggesting Aave’s role in facilitating this transition.
CryptoFrontNews45m ago
Polygon Sees Surge in Local-Currency Stablecoins as JPYC and BBRL Gain Traction
Local-currency stablecoins on Polygon have shot up as JPYC and BBRL power payments, wallets, lending, and faster regional settlements.
Brazilian bank Grupo Braza introduced BBRL stablecoin to improve liquidity and enhance payment efficiency in forex payments.
Polygon has recorded rising
CryptoNewsFlash2h ago
BNB Chain Is Secretly Hiring Like Wildly– Expecting 100x in 2026?
BNB Chain has posted advertisements on marketing, business development and engineering. The roles aim at various functions. These are campaign management, partnership growth, and core blockchain development. This step is an indication of obvious growth. The network is in preparation of the next
Coinfomania2h ago
Morgan Stanley Files With OCC to Offer Crypto Trades and Staking
Morgan Stanley's recent filing for a national trust bank charter aims to allow direct custody of digital assets, in-house crypto trading, and staking services for clients, marking a significant commitment to integrating cryptocurrency into traditional finance.
Coinfomania2h ago
