Empowering the Circular Economy: Eviden's Digital Passport Solution. Powered by IOTA An Overview The Objective The Technology Our Partner Our Use Cases Eviden’s Digital Passport Solution, or DPS for short, is the key to more sustainable and conscious consumer behavior and a truly circular economy. It provides comprehensive information about the entire life cycle of your products – from the origin of the materials to the possibilities for reuse. With the Digital Passport Solution, we create transparency: enter a world in which product responsibility and innovation go hand in hand. The objective With the introduction of Eviden’s Digital Passport Solution, companies achieve the following goals Sustainability and circular economy Improving the environmental footprint and implementing a circular economy through transparency in sustainability, recycling and reuse Building trust and customer loyalty Strengthening transparency and credibility and promoting strong customer loyalty through open communication about production processes and compliance with high environmental standards, which contributes to a leading market position Optimization of processes Identification and realization of efficiency increases and cost reductions within the supply chain Minimization of supply chain risks Improvement of risk management through precise knowledge of all supply chain components and production conditions Drive for product innovation Use of detailed product data as a basis for the development of sustainable and customer-oriented product innovations Legal certainty and regulatory compliance Ensuring compliance with legal requirements and minimizing legal risks by adhering to environmental and consumer protection standards and providing transparent product information The technology We rely on blockchain technology for our Digital Passport Solution, which offers decentralized and tamper-proof data transparency and, in particular, data security. Benefit from high scalability, robust technology and cost savings while balancing data accessibility and sovereignty. Our Partner Eviden and the IOTA Foundation have joined forces to bring one of the first production-ready, blockchain-based DPS to the market. Eviden’s DPS utilizes IOTA’s blockchain technology, combining the expertise and innovation of both entities. The IOTA Foundation, a global non-profit organization, will integrate its scalable, sustainable, feeless and regulatory compliant DLT into the Digital Product Solution to ensure ultimate data security and privacy. With our “Digital Product Solution Ecosystem – Powered by IOTA”, we are making a decisive contribution to a truly circular economy. Use cases Battery passport With Eviden's Battery Passport, you can easily comply with EU requirements regarding the sustainability, safety and disposal of batteries Product passport With the Product Passport, you ensure permanent and secure product networking that monitors the entire life cycle of your product Media passport The Media Passport forms the bridge between digital content and its users by ensuring transparent and secure management of copyrights and access rights