CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

IOTA Showcases DLT Solution as United Nations Launches Global Product Passport Standard

July 4, 2025
in Crypto News
Reading Time: 3 mins read
A A
0
0
SHARES
8
VIEWS
ShareShareShareShareShare
  • Global standard for Digital Product Passports launched with IOTA showing a live system using DLT.
  • New framework may enforce worldwide compliance as IOTA-Digimarc pilot tackles real-world tracking issues.

The first global standard for Digital Product Passports has been officially launched through a partnership between the United Nations Economic Commission for Europe (UNECE) and the International Organization for Standardization (ISO). This new framework is expected to reshape the verification and traceability of global trade worth more than $50 trillion.

As part of the event, IOTA presented its Distributed Ledger Technology (DLT) solution, offering a working model for digital transparency. The standard allows every product—from electronics to clothing—to carry a verified digital identity showing origin, production methods, and environmental footprint.

Unlike regional initiatives, the involvement of UNECE gives this standard a global force. As a rule, when UNECE sets a policy, 193 member states eventually implement it through domestic regulations, effectively turning it into international law.

Global Law-Backed Rollout Puts IOTA in Key Position

IOTA is currently ahead of competitors by offering a fully functional demonstration on how blockchain-like tools can work in a real-world product tracking system. One of the core issues tackled is the QR code inconsistency problem, which IOTA addresses through verified data claims and full supply chain records.

The collaboration between Digimarc and IOTA introduces a working pilot that may serve as the backbone for the authentication of billions of items under this newly established legal framework. Analysts view this not just as a technical trial but as a potential baseline for worldwide compliance.

We’re witnessing the birth of the “Internet of Products” where every physical item has a United Nations-standardized digital twin with verified provenance, noted by TokenLabs.network.

This development ties into an already expanding market estimated at $440 billion, focusing on digital identities and cross-border verification. It also supports the European Union’s upcoming regulations for Digital Product Passports, along with long-standing United Nations goals centered on sustainability and traceability.

IOTA’s Notarization Tool Positions It for Long-Term Use

Previously, we reported that IOTA released an alpha version of its open-source Notarization toolkit. The toolkit supports two distinct methods: Locked Notarization, which targets credentials, certifications, and legal frameworks; and Dynamic Notarization, which applies to IoT networks, real-time data, and product passports.

One technical advantage lies in its refundable storage design. Records stored on IOTA’s ledger come with a deposit that can be reclaimed once data is no longer needed, lowering the overall long-term cost. The system also prevents unauthorized data changes, improving trust and uptime.

At the time of writing, IOTA saw a price increase to $0.1681, up 8.13% in the past 24 hours. Daily trading volume also climbed over 52% to 17.07 million. According to analysts referenced by CNF, the token may rise to $0.27, which would mean a further gain of 60.62% from the current level.

This financial activity shows growing investor interest in the practical implementation of the platform. If adopted globally through this United Nations standard, IOTA can become a foundation for the future of validated product tracking.


Recommended for you:


Credit: Source link

RELATED POSTS

DOJ Strike Force Seizes Scam Marketplace, Restrains $52M in Crypto

Bitcoin Price Analysis: BTC Faces a Make-or-Break Week

Illegal Crypto Mining Surges as Mexico Raids Cartel Farm

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Character.AI Unveils Real-Time AI Video Technology with TalkingMachines

Next Post

Economist Peter Schiff Dismisses June Job Gains, Sparking Debate Over Labor Market Health

Related Posts

Australian Nurse Lost Her Life Savings In A Cryptocurrency Scam
Crypto News

DOJ Strike Force Seizes Scam Marketplace, Restrains $52M in Crypto

September 13, 2026
Bitcoin Price Analysis: BTC Faces a Make-or-Break Week
Crypto News

Bitcoin Price Analysis: BTC Faces a Make-or-Break Week

September 13, 2026
Illegal Crypto Mining Surges as Mexico Raids Cartel Farm
Crypto News

Illegal Crypto Mining Surges as Mexico Raids Cartel Farm

September 13, 2026
Next Post
Economist Peter Schiff Dismisses June Job Gains, Sparking Debate Over Labor Market Health

Economist Peter Schiff Dismisses June Job Gains, Sparking Debate Over Labor Market Health

It Needs a Seat at the Table (Op-ed)

It Needs a Seat at the Table (Op-ed)

Recommended Stories

Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy Bitcoin

Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy Bitcoin

September 9, 2026
Frozen Savings Meet Bitcoin’s Explosive Rally

Frozen Savings Meet Bitcoin’s Explosive Rally

September 13, 2026
NVIDIA’s BioNeMo Inference Runtime Boosts Protein Modeling

WARDOGS Early Access Launches on GeForce NOW

September 10, 2026

Popular Stories

  • Zcash Is Back — and Some Experts Think It Could Replace Bitcoin

    Privacy Coins Surge 5.5%; ZEC Tops $470 Amid Exit Liquidity Warnings

    0 shares
    Share 0 Tweet 0
  • Brazil to Tighten Crypto Rules, Attacking the ‘Financial Arm’ of Organized Crime

    0 shares
    Share 0 Tweet 0
  • Binance Founder CZ Says Bitcoin Could Overtake Gold in Next Bull Run

    0 shares
    Share 0 Tweet 0
  • Co-founder of Binance Yi He on the Theft of Crypto Assets Worth $1 Million

    0 shares
    Share 0 Tweet 0
  • DBS and Citi Settle 24/7 Cross-Border Dollar Payment on SWIFT’s Ledger

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Caroline Ellison’s New Charity Job Comes With an Awkward FTX Link
  • DOJ Strike Force Seizes Scam Marketplace, Restrains $52M in Crypto
  • Strategy’s Bitcoin Guide Makes the Case for a Global Reserve Asset

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.