[IOTA’s product passport will allow consumers to track the origin and history of their vehicles, increasing trust in the brand]
IOTA is currently working with Eviden, a subsidiary of Atos, to develop the Eviden Digital Passport Solution (EDPS), powered by IOTA technology. EDPS is one of the first Digital Product Passports (DPPs) on the market based on decentralized ledger technology (DLT) and the first solution to use IOTA technology at this scale. It provides detailed information about the product life cycle, increasing transparency, traceability and sustainability.
Eviden is a leader in computing, security, artificial intelligence and digital platforms, with cross-industry expertise in 47 countries. The partnership with the IOTA Foundation is expected to have a significant impact on automakers such as Tesla, Audi, Porsche, BMW and Volkswagen. This collaboration will increase transparency and traceability of their supply chain, allowing consumers to track the origin and history of their vehicles, increasing trust in the brand. At the same time, manufacturers can optimize their production processes, streamline maintenance and improve recycling processes.
