An interesting trend in regulation: Hashgraph has introduced TrackTrace, a platform for supply chain tracking based on Hedera. The point is that the EU is implementing requirements for digital product passports, and tools for their implementation are already emerging.

The platform records data on the movement of goods, emissions, and automates reporting using AI. It results in a verifiable audit trail that companies need to comply with new regulations. The strength of passports lies in creating transparency at a level that was previously impossible.

Timing is important: The regulation on sustainable eco-design has been in effect since July 2024. Meanwhile, the EU regulation on batteries will come into force in February 2027 — this will affect electric vehicles and industrial batteries. Textiles and steel will follow later, starting July 2027.

It’s noticeable that blockchain and distributed ledgers are beginning to find applications specifically in regulatory requirements. Product passports are not just marketing; they are a real necessity for legal compliance. And the power of such solutions lies in their intersection of technology and compliance.

A good example of how crypto tools can be useful outside of speculative contexts. If companies truly start using such platforms for tracking and verification, it could become a significant driver for blockchain adoption in traditional industries.