Merck and Hashgraph Group launched a Hedera-based product passport platform on Jun 9, 2026. The platform combines product authentication and blockchain traceability to support compliance with European Union sustainability and supply-chain reporting requirements. The initiative addresses new EU mandates requiring enhanced transparency in product lifecycle tracking.
Platform Combines Authentication and Blockchain Traceability for EU Compliance
The Hedera-based platform integrates product authentication with blockchain traceability. This combination enables companies to meet European Union sustainability and supply-chain reporting requirements. The system provides verifiable records of product origin and movement through supply chains, supporting compliance with EU regulatory frameworks.
FAQ
What did Merck and Hashgraph Group launch on Jun 9, 2026?
Merck and Hashgraph Group launched a Hedera-based product passport platform that combines product authentication and blockchain traceability to support compliance with European Union sustainability and supply-chain reporting requirements.
Why did Merck and Hashgraph Group develop this Hedera-based platform?
The platform was developed to support compliance with new European Union sustainability and supply-chain reporting requirements, providing product authentication and blockchain traceability capabilities.