[Opinion] EU digital product passports won’t solve food fraud, but blockchain can

EU digital product passports won’t solve food fraud, but blockchain can

Opinion by: Fraser Edwards, co-founder and CEO, CheqdBrutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet regulatory standards. Self-sovereign identity (SSI) can fix this. The UK Food Standards Agency and the European Commission both urge reform to tackle this concern by creatin…

Manufacturing in an Era of Digital Product Passports

The world has gone from 9.1% in circularity to 8.6% in 2020—meaning we are moving backwards. Going circular has the potential to open $4.5 trillion in value, according to the World Business Council’s Sustainable Development report. The European Union is taking steps to become more circular—and it could have an impact on manufacturing companies all around the globe. Launched in late 2019, the European Green Deal is changing the European Union, wi…