IOTA

Chair

Foundation

<ul>
 <li>IOTA’s Product Passport with Eviden enhances transparency for Tesla, Audi, Porsche, BMW, and VW, letting consumers track vehicle history and build trust.</li>
 <li>IOTA’s Digital Product Passports optimize production, maintenance, and recycling, improving supply chains for major automotive brands.</li>
</ul>
When it comes to <a href="https://www.crypto-news-flash.com/iota-evm-gets-boost-with-goldskys-cutting-edge-data-solutions/" rel="noopener noreferrer nofollow">cutting-edge data solutions</a> while securing privacy to the highest level, IOTA is at the forefront as highlighted in one of our previous <a href="https://www.crypto-news-flash.com/iota-evm-boosted-by-supra-oracles-for-enhanced-smart-contract-data-accuracy/" rel="noopener noreferrer nofollow">coverages</a>. According to the latest <a href="https://blog.iota.org/eviden-digital-passport-iota/" rel="noopener noreferrer nofollow">update</a> from IOTA on the newly established partnership, the IOTA Foundation and Eviden, a subsidiary of Atos, are collaborating on the Eviden Digital Passport Solution (EDPS), which is “Powered by IOTA.”
EDPS is one of the first ready-to-use, DLT-based Digital Product Passports (DPPs) on the market and the first at this scale to utilize IOTA technology. This upgrade provides detailed lifecycle information about products, enhancing transparency, traceability, and sustainability. Dominik Schiener, Co-Founder and Chair of the IOTA Foundation, stated:
<blockquote>
 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 consumer electronics, amongst others. We expect millions of passports to be registered on the IOTA network by the end of the decade.
</blockquote>
<h2 id="strong-iota-and-eviden-enhancing-transparency-and-traceability-for-major-automakers-strong">IOTA and Eviden Enhancing Transparency and Traceability for Major Automakers</h2>
Eviden, with leading positions in computing, security, AI, and digital platforms, provides expertise across various industries in more than 47 countries. Importantly, the collaboration with the IOTA Foundation is expected to significantly impact major automakers, including Tesla, Audi, Porsche, BMW, and Volkswagen.
This partnership will enhance transparency and <a href="https://www.crypto-news-flash.com/iota-evm-joins-chainports-ecosystem-enabling-feeless-token-bridging/" rel="noopener noreferrer nofollow">traceability</a> throughout their supply chains, allowing consumers to track the origin and history of their vehicles, building trust in these brands. At the same time, manufacturers can optimize production processes, streamline maintenance, and improve recycling efforts.
At the time of writing, IOTA is trading at $0.1769, with a decrease of 0.43% and a surge of 7.48% in the past week. See the IOTA price chart below.

<div class="cryptoboxes" id="mcw-435424" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="iota" data-symbol="IOTA" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>

IOTA’s Product Passport Could Be Used by Tesla, Audi, Porsche, BMW, and VW After Eviden Partnership

Tabla de contenidos

Crypto News Flash

Otros artículos publicados el 22 jul 2024

Five Ethereum ETFs Launch on CBOE July 23rd

Hong Kong Expands Crypto Offerings with Inverse Bitcoin ETF

5 New Cryptos To Buy This Week: Trending Tokens That Could Explode

Donald Trump Price Prediction: TRUMP Soars 53% After Joe Biden Drops Out Of Presidential Race As ...

Bitcoin Tests $67,000 as Ethereum ETF Excitement Grows

zkLink Launches zkEVM Rollup, Lists on Exchanges, and Secures Top Partnerships!

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!