Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
No Result
View All Result

Home » IOTA Plans Digital Product Passports for EU Initiatives in Parternership with with Digimarc

IOTA Plans Digital Product Passports for EU Initiatives in Parternership with with Digimarc

Kelly Cromley by Kelly Cromley
Feb 11, 2023
in Market News, News
Reading Time: 2 mins read
0

IOTA’s Distributed Ledger system has engaged into a strategic agreement with Digimarc, a blockchain firm dedicated to producing digital records of real things that are readily verifiable. As per a blog post published by the vice president of the Internet of Things at Digimarc, both the company and IOTA are engaged in the Digital Product Passport EU project that was proposed in March 2022.

In accordance with the parameters of the agreement, the tech companies are utilizing open standards, decentralized infrastructures, and availability to design a Digital Product Passport blueprint to satisfy certain EU project needs.

RelatedPosts

Uzbekistan Launches HUMO Token Backed by Sovereign Bonds

Brave Wallet Integrates Cardano, Boosting Web3 Access

MicroAlgo Unveils Blockchain-Powered IP Protection Algorithm

0xmd Expands to Brazil in AI Healthtech Deal with SENAI CIMATEC

It has frequently been said that blockchain technology and its accompanying innovations are required to drive the coming generations of the internet, which will have a variety of sophisticated use scenarios. The European Commission set up a structure for the European Blockchain Service that will facilitate the construction of the digital equivalent of items governed by the Ecodesign for Sustainable Products Regulation.

The purpose of the Digital Passport is to enable all members of a product’s distribution chain to trace its origin, authenticity, and sustainability compliance. This enables the typical customer to make better-informed decisions on whether items comply with environmental laws. As Dominique highlighted, the EU Blockchain Pre-Commercial Procurement Project participated in the Blueprint Digimarc and IOTA developed together. Blueprint is very useful because of the technical bent of the attire.

The pair leveraged blockchain technology to develop the Digital Product Passport, a substantially more open and user-friendly solution. Dominique noted, “The adoption of norms was a primary goal, and we had two design specifications at the core of the DPP program to meet: delivering open and interoperable IDs and making these identities available to the majority of customers. We quickly discovered that the GS1 Digital Link standard, which we worked on developing in 2018, is the best option, as it characterizes distinct web addresses for brands that can be utilized in a variety of carriers (e.g., QR codes, NFC tags) and can be perused by a variety of readers, such as smartphones used by global consumers.

The Blueprint seems to be one of the clearest examples of how adaptable blockchain technology is in delivering genuine usefulness to the internet age as a whole.

Although the IOTA-Digimarc blockchain-powered Blueprint for the EU is a continental breakthrough, the OpenEarth Foundation, a non-profit organization dedicated to bringing innovative climate services, and the University of California Berkeley have utilized Chainlink Network, the first oracle offering in the Web3.0 world, to combat global warming. The use of Chainlink in the battle against global warming relied on utilizing the protocol’s oracle function to precisely estimate the True Cost of greenhouse emissions so that businesses might grasp the notion of sustainability.

Reportedly, the application of blockchain to promote sustainability is on the rise, and the widespread acceptance of the technology may be encouraged with the support of global authorities.

 

Previous Post

PUMA Cements Web3 Entry with NFT Offering Super PUMA PFP

Next Post

Saudi Aims Blockchain Adoption Across 28 Airports

Related Posts

uzbekistan launches humo token backed by sovereign bonds

Uzbekistan Launches HUMO Token Backed by Sovereign Bonds

by Kelly Cromley
May 13, 2025
0

Uzbekistan is preparing to introduce HUMO, a blockchain-based digital token backed by government bonds, as part of a broader strategy...

brave wallet integrates cardano, boosting web3 access

Brave Wallet Integrates Cardano, Boosting Web3 Access

by Kelly Cromley
May 13, 2025
0

Brave, a privacy-centric Web3 browser, has officially integrated the Cardano blockchain into both its native and standalone wallet applications. This...

microalgo unveils blockchain-powered ip protection algorithm

MicroAlgo Unveils Blockchain-Powered IP Protection Algorithm

by Kelly Cromley
May 13, 2025
0

MicroAlgo Inc. has introduced a blockchain-based intellectual property (IP) protection algorithm designed to overcome long-standing challenges in digital copyright enforcement....

0xmd expands to brazil in ai healthtech deal with senai cimatec

0xmd Expands to Brazil in AI Healthtech Deal with SENAI CIMATEC

by Kelly Cromley
May 13, 2025
0

0xmd, a global startup focused on Generative Artificial Intelligence (AI) for healthcare applications, has officially launched its operations in Brazil...

fireblocks joins calastone to advance tokenized fund distribution

Fireblocks Joins Calastone to Advance Tokenized Fund Distribution

by Kelly Cromley
May 13, 2025
0

Fireblocks has announced its collaboration with Calastone, the global funds network, to enhance Web3 connectivity within Calastone’s Tokenized Distribution solution....

promptale ai and orbler unite to revolutionize web3 engagement

PrompTale AI and Orbler Unite to Revolutionize Web3 Engagement

by Kelly Cromley
May 13, 2025
0

PrompTale AI has officially disclosed its strategic partnership with Orbler through its verified account on X (formerly Twitter), outlining a...

Next Post
Saudi Aims Blockchain Adoption Across 28 Airports

Saudi Aims Blockchain Adoption Across 28 Airports

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

uzbekistan launches humo token backed by sovereign bonds
Market News

Uzbekistan Launches HUMO Token Backed by Sovereign Bonds

by Kelly Cromley
May 13, 2025
brave wallet integrates cardano, boosting web3 access
Market News

Brave Wallet Integrates Cardano, Boosting Web3 Access

by Kelly Cromley
May 13, 2025
microalgo unveils blockchain-powered ip protection algorithm
Market News

MicroAlgo Unveils Blockchain-Powered IP Protection Algorithm

by Kelly Cromley
May 13, 2025
0xmd expands to brazil in ai healthtech deal with senai cimatec
Market News

0xmd Expands to Brazil in AI Healthtech Deal with SENAI CIMATEC

by Kelly Cromley
May 13, 2025
fireblocks joins calastone to advance tokenized fund distribution
Market News

Fireblocks Joins Calastone to Advance Tokenized Fund Distribution

by Kelly Cromley
May 13, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree