IOTA's Product Passport May be Used by Tesla, Audi, Porsche, BMW, and VW Post-Eviden Partnership

IOTA and Eviden are revolutionizing the automotive industry by launching digital product passports on the IOTA Tangle. These passports provide a comprehensive digital record of every vehicle component, from raw material sourcing to maintenance and recycling details. This initiative, first of its kind at this scale using IOTA technology, marks a significant advancement in transparency and sustainability. It enables consumers to trace the complete history and origin of their vehicles, enhancing trust and safety.

The digital product passports, particularly for electric vehicle batteries, offer detailed insights into the product lifecycle, promoting efficiency and supporting a circular economy. This technology not only boosts the traceability of materials but also simplifies recycling and reusability, contributing to a more sustainable automotive sector.

IOTA continues to expand, incorporating cutting-edge solutions like Supra Oracles for reliable data transfer and ApeBond on the IOTA EVM for decentralized financial applications. This ongoing innovation underscores IOTA's potential to transform industries beyond automotive, including supply chain management and healthcare.

In collaboration with Eviden, IOTA is setting new standards for digital trade and product sustainability, aiming to register millions of digital passports by the end of the decade. This partnership promises to pioneer a transparent, efficient, and secure framework for the future of mobility and digital connectivity.