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IOTA to serve as basic tech layer for digital product passport for European Blockchain and companies

February 9, 2023
in Crypto News
Reading Time: 4 mins read
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Source: Alexander Kirch – Shutterstock

  • Digimarc and IOTA are working on an architecture for Digital Products Passports for building decentralized identity solutions.
  • To implement this project, Digimarc plans to use its Illuminate Platform and IOTA’s Decentralized Identifiers (DID) and Verifiable Credentials.

Last year in March 2022, the European Commission announced the launch of its Digital Products Passports initiative and plans to make them mandatory as soon as 2024. This will be applicable to product categories regulated under the Ecodesign for Sustainable Products Regulation.

The EU said that the Digital Product Passport requirements for specific products will span across different industries like textiles, consumer electronics, construction materials, packaging, electric vehicle batteries, etc. This Digital Passports will allow the tracking of the origin of components and raw materials used in all kinds of consumer goods. It will further facilitate the easy sharing of information across different stages of the supply chain across the product life cycle.

But to realize this broader goal and vision, there needs to be a decentralized infrastructure in place to ensure transparency and security. As a result, Digimarc and IOTA have collaborated to create a Digital Product Passport blueprint while supporting some of the EU initiative requirements. The project will include the use of decentralized architectures, open standards, and accessibility.

By 2024 selected products will need a #DigitalProductPassport for sustainability creds – thrilled to share a #decentralized blueprint designed by @digimarc labs & @iota to tackle key DPP principles – #ProductIdentities #standards #decentralization @gs1 https://t.co/JgrwG4IbHg pic.twitter.com/DlN0Q0eZzT

— Dominique Guinard (@domguinard) February 7, 2023

The blueprint has been built in conjunction with the EU Blockchain Pre-Commercial Procurement Project in order to develop the European Blockchain Service Infrastructure (EBSI). For the Digital Product Passport project, Digimarc and IOTA will create and implement a DPP architecture.

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To bring a greater level of decentralization and resilience, Digimarc will be leveraging IOTA’s decentralized ledger technology (DLT) layer which will serve as a trust layer for important lifecycle events while anchoring all supply chain events in the EPICS format. The decentralized infrastructure will ensure that events are tamper-proof.

How Digimarc and IOTA Will Work Together?

Digimarc will leverage its Illuminate Platform, along with its Product Cloud, for generating GS1 Digital Link identities at scale. Using the beta EPCIS 2.0 API, Digimarc will ingest the product lifecycle and anchor each event to the IOTA DLT using Digimarc’s blockchain integration hub thereby ensuring that the data remains secure.

Digimarc has also leveraged IOTA’s implementation of the Decentralized Identifiers (DID) as well as Verifiable Credentials. Thus, using DID, they would be able to identify the author of an event making sure that the person/entity is authorized and competent to perform specific tasks.

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Using other services like Digimarc Engage and Digimarc Validate, the platform will provide the right user experience and product authenticity check.

Digimarc said that they have successfully tested the implementation of this DPP blueprint with electric vehicle batteries. The Digital Products Passports (DPP) and their target markets are still being defined. This year, more clarity shall emerge on future work for the DPP as stakeholders will write proposed architectures, and regulations, and launch real-world pilots.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.


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