Traced Systems provides blockchain-powered Digital Product Passports to enable transparent, traceable, and verifiable product histories from production to end-of-life. This platform helps businesses in regulated industries meet EU compliance for sustainability goals and optimize supply chain data.
Funding
Funding not disclosed
Founders
Product
Problem
Many industries struggle with fragmented and opaque supply chains, making it difficult to track product origins, ensure ethical sourcing, and comply with evolving sustainability regulations. This lack of transparency hinders the transition to a circular economy and limits the ability to verify product claims.
Solution
Traced Systems offers a blockchain-based Digital Product Passport (DPP) solution that provides a transparent, traceable, and verifiable history for products throughout their lifecycle. By leveraging blockchain technology, the platform enables businesses to track products from raw material sourcing to end-of-life, ensuring accountability and promoting sustainable practices. The DPP facilitates compliance with EU regulations, enhances supply chain transparency, and empowers businesses to align their operations with circular economy principles. The platform integrates with existing ERP and operational systems via APIs, allowing businesses to maintain control over their data while creating a unified overview of their product lifecycles.
Target Audience
The primary target audience includes businesses in regulated industries, supply chain managers, and organizations seeking to comply with sustainability regulations and enhance product transparency.
Features
- Blockchain-based platform for secure and immutable product data
- Digital Product Passports that track a product's entire lifecycle
- Integration with existing ERP and operational systems via flexible APIs
- Value chain transparency with encrypted data and selective access for authorized stakeholders
- Support for various sectors, including textiles, batteries, electronics, and furniture
- Compliance with EU regulations such as the Ecodesign for Sustainable Products Regulation (ESPR)
- Product journey monitoring from raw material sourcing to end-of-life
- Built on Chromia, a relational blockchain platform, for scalability and efficiency