Eviden and the IOTA Foundation announce Digital Passport Solution
“powered by IOTA”
Press Release
Eviden and the IOTA Foundation announce
Digital Passport Solution “powered by IOTA”
The new offering is one of the first
ready-to-use Blockchain-based Digital Passport solutions on the
market and uses IOTA technology to track the life cycle, carbon
footprint, and sustainability of automotive batteries
Paris, France – July 11, 2024 –
Eviden, the Atos
Group business leading in digital, cloud, big data
and security today announces, together in partnership with the IOTA
Foundation, the Eviden Digital Passport solution (EDPS), “powered
by IOTA” technology. This is one of the first ready-to-use
Blockchain-based Digital Product Passports (DPPs) on the market and
the first of its scale to use IOTA’s technology as its Blockchain
engine. EDPS “powered by IOTA”, around which services can
be built, provides comprehensive data on a product’s lifecycle to
enhance transparency, traceability, and sustainability.
This new EDPS can be used for a wide range of
products across various industries, such as manufacturing,
automotive, fashion and textiles, and food and beverages. It can
also be used for many other cross-industry use cases such as a
Media Passport for example which protects
intellectual property, or a Logistic Product
Passport which enables transparent documentation and
reliable track & trace capabilities.
Leveraging its platform and broad industry
expertise, Eviden has partnered with the IOTA Foundation, a global
non-profit organization which supports the research and development
of novel distributed ledger technologies (DLT), to integrate its
open-source, scalable and regulatory-compliant DLT into the Digital
Passport which acts as the powerful blockchain engine of the
solution and provides ultimate data security and privacy.
IOTA is one of the most established Blockchain
projects in the world and improves the Blockchain design to create
a highly scalable DLT infrastructure which unlike alternatives,
allows transactions to be added in parallel, boasts low resource
requirements and fast transactions with finality in seconds.
The comprehensive data captured in the passport
– covering everything from origin and materials, to manufacturing
and usage, to repairs and end-of-life recycling – encourages
sustainable production and consumption; assists business users in
meeting regulatory requirements and standards; and builds consumer
confidence by providing verified information about product safety,
quality, and ethical production practices. Furthermore, the DPP
facilitates continuous product improvement by comprehensively
capturing consumer usage data, leading to more efficient
utilization, reducing failures and warranty claims.
Battery Passport and Beyond
Today, the EDPS focuses on electrical vehicle
(EV) batteries as the first of many possible product categories.
The EDPS ensures that businesses can meet the EU requirements
regarding the sustainability, safety, and disposal of batteries,
contributing to the circular economy and simplifying regulatory
compliance on a product level. With the ESPR (Ecodesign for
Sustainable Products Regulation) coming into force next week and
mandatory DPPs required for industrial and electric batteries
starting in 2027, the demand for Digital Product Passports is
expected to grow exponentially, reaching millions by the end of the
decade.
However, this partnership seeks to scale-up the
solution to develop other EDPS use cases, laying the foundation for
strategic, long-term collaboration and building up expertise and
experience with distributed ledger technologies.
Additionally, Eviden and the IOTA Foundation are
looking to explore new areas where IOTA’s Blockchain technology may
be applied, such as Global Digital Trade, Self-Sovereign Identity,
and Data Monetization amongst others.
Focus on a Sustainable Product
Lifecycle
The EDPS helps to expand the possibilities of
data and technology and promotes a sustainable product lifecycle by
enabling continuous reuse and repurposing of products instead of
discarding them. The goal is to lay the foundation for a circular
economy, offering deep insights into every stage of the supply
chain to support sustainable business models and facilitate the
transition from a linear to a circular economic system.
Each passport ensures the consistency and
security of the complete lifespan of the product which will
actively contribute to waste reduction and resource conservation,
promoting a more localized, diverse and resilient supply chain.
Tracking and monitoring each element facilitates effective
recycling or reuse of materials, offering not only environmental
benefits but also cost savings and business resilience.
“Together with the IOTA Foundation, we are
proud to announce this unique partnership and to launch a joint
production-ready blockchain-based Digital Passport solution,
‘powered by IOTA’, which is aligned and in full compliance with the
EU legal framework. Not only does IOTA’s DLT provide efficiency
gains over traditional ways of interacting but more importantly
this decentralized, transparent, and incorruptible technology
creates an open, fair and secure infrastructure which builds
trust” said Udo Littke, Head of Eviden Central Europe,
Atos Group. “It aims to bring the highest level of
transparency to help consumers and businesses make informed choices
when purchasing products, as it facilitates repairs and recycling,
and improves transparency about how a product’s life cycle impacts
the environment. With this DPP solution, we are laying the
foundation for exploring and developing other possible use cases
outside of EV batteries and beyond DPPs.”
Dominik Schiener, Co-Founder and Chair
of the IOTA Foundation said “This partnership
leverages our unique joint benefits and creates a strong
combination of capabilities, ready for the market to use. This is a
long-term collaboration between Eviden and the IOTA Foundation and
we will work closely together to explore further use cases in
domains such as construction materials, textiles, and consumers
electronics amongst others.”
To find out more -
https://eviden.com/industries/manufacturing/digital-passport-solution/
***
About
Eviden1
Eviden is a next-gen technology leader in
data-driven, trusted and sustainable digital transformation with a
strong portfolio of patented technologies. With worldwide leading
positions in advanced computing, security, AI, cloud and digital
platforms, it provides deep expertise for all industries in more
than 47 countries. Bringing together 47,000 world-class talents,
Eviden expands the possibilities of data and technology across the
digital continuum, now and for generations to come. Eviden is an
Atos Group company with an annual revenue of c. € 5 billion.
About Atos
Atos is a global leader in digital
transformation with c. 94,000 employees and annual revenue of c. €
11 billion. European number one in cybersecurity, cloud and
high-performance computing, the Group provides tailored end-to-end
solutions for all industries in 69 countries. A pioneer in
decarbonization services and products, Atos is committed to a
secure and decarbonized digital for its clients. Atos is a SE
(Societas Europaea), and listed on Euronext Paris.
The purpose of Atos is to help design the future
of the information space. Its expertise and services support the
development of knowledge, education and research in a multicultural
approach and contribute to the development of scientific and
technological excellence. Across the world, the Group enables its
customers and employees, and members of societies at large to live,
work and develop sustainably, in a safe and secure information
space.
Press contact
Eviden - Laura Fau | laura.fau@eviden.com | +33
(0) 6 73 64 04 18
1 Eviden business is operated through the
following brands: AppCentrica, ATHEA, Cloudamize, Cloudreach,
Cryptovision, DataSentics, Edifixio, Energy4U, Engage ESM, Evidian,
Forensik, IDEAL GRP, In Fidem, Ipsotek, Maven Wave, Profit4SF, SEC
Consult, Visual BI, Worldgrid, X-Perion. Eviden is a registered
trademark.
Eviden is a registered trademark. © Eviden SAS, 2024.
- PR - Eviden and the IOTA Foundation announce Digital Passport
solution powered by IOTA
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