Orobo has introduced a digital product passport for electric vehicle (EV) batteries, leveraging IOTA's distributed ledger technology. This system employs IOTA's immutable event logging and digital twins to track the lifecycle of products, ensuring compliance with EU regulations. The digital passport is designed with scalable smart contracts and offers incentives at gas stations to encourage participation, while maintaining data privacy and auditability. The initiative marks a significant practical application of IOTA's technology, with plans to extend the system to textiles and construction. Each product will be linked to a verifiable digital twin on the IOTA network, potentially benefiting digital collectibles as the infrastructure develops.
Orobo Launches IOTA-Based Digital Passport for EV Batteries
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