Hashgraph Group | Crypto

The Hedera-based platform combines product authentication and blockchain traceability to support compliance with new European Union sustainability and supply-chain reporting requirements. The Hashgraph Group and Merck have integrated the German tech maker's product authentication technology with TrackTrace, a Hedera-based digital product passport platform introduced in February, as businesses seek to comply with new European Union supply-chain transparency and traceability requirements. Under the arrangement, Merck's M-Trust technology embeds security markers into products and packaging that can be verified with a handheld scanner. Authentication data is then recorded on The Hashgraph Group's TrackTrace platform, creating a digital record linked to a product's Digital Product Passport. The companies said the integration combines physical product authentication with blockchain-based traceability, allowing businesses to verify both the authenticity of a product and the records associated with it. Read more

Hashgraph Group has launched a blockchain-based supply-chain traceability solution ahead of the EU’s Digital Product Passport requirements, some of which take effect beginning in 2027. Update Feb. 24, 1:28 pm UTC: This article has been updated to include a comment from a spokesperson for the Hashgraph Group. The Hashgraph Group, a Swiss technology company building on the Hedera network, launched TrackTrace, a platform designed to help companies prepare for upcoming European Union product-compliance requirements tied to digital product passports. TrackTrace is designed to improve supply-chain visibility by tracking goods and recording product data, including emissions-related information, in a way that can be used for compliance reporting and authenticity checks, the company said in a Tuesday announcement. Read more