I noticed an interesting story about how crypto technologies are beginning to solve real regulatory problems in the EU. The Swiss company Hashgraph Group has released a digital product passport tool built on the Hedera blockchain. It sounds a bit abstract, but in reality, it’s a quite practical solution.

The TrackTrace platform tracks the entire product journey through the supply chain, records data on emissions, and creates verifiable audit trails. Plus, it has built-in AI that automates all compliance reporting. This isn’t just a nice idea; it’s a response to a specific request from European regulators.

In July 2024, the EU Ecodesign Regulation for sustainable products came into force. It requires companies to standardize product information and share it across the entire supply chain. Essentially, this means each product must have a digital passport with verifiable information.

We are already seeing how this is starting to be implemented in practice. The Battery Regulation, which will come into effect in February 2027, will require passports for electric vehicle batteries and industrial batteries. Then, starting in July 2027, the scope will expand to textiles, clothing, and steel.

It’s interesting to observe how blockchain and AI are becoming tools for solving sustainability and ecodesign challenges, rather than just for speculation. This could be the beginning of more serious use of crypto technologies in the corporate sector.