EU endorses relational blockchain initiative for sustainable solutions

The European Union has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions, focusing on Digital Product Passports and Intellectual Property Rights.

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The European Union has confirmed the continuation of its collaboration with ChromaWay to develop blockchain-based sustainability solutions. 

This decision was announced on July 12 in the wake of ChromaWay’s presentation at the EU Pre-Commercial Procurement (PCP) final review meeting, which showcased advancements in decentralized applications for Digital Product Passports (DPP) and intellectual property (IP) rights.

During the review meeting in Brussels, ChromaWay highlighted the development of its underpinning technology, known as relational blockchain, which enhances efficiency by improving the organization and complexity of onchain data. 

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