Regulatory and Standards Landscape

The adoption of DPPs is being driven by worldwide regulatory initiatives:

European Union
  • European Green Deal: Aims for climate-neutrality by 2050.
  • Ecodesign for Sustainable Products Regulation (ESPR): Proposes DPPs for improving product sustainability.
  • Circular Economy Action Plan: Focuses on sustainable resource use in industrial processes.
  • EU Battery Regulation: Mandates “battery passports” for electric vehicle batteries.
Global Initiatives:
  • UN Sustainable Development Goals: Promote responsible production and consumption (Goal 12).
  • OECD Due Diligence Guidance: Encourages responsible supply chains in various sectors.
  • WTO Trade Facilitation Agreement: Supports the use of digital technologies for trade documentation.
Regional Developments
  • USA: Proposed INFORM Consumers Act to increase online marketplace transparency.
  • China: Implementation of traceability systems in food and pharmaceutical industries.
  • Japan: Promotion of digital transformation in manufacturing through Society 5.0 initiative.

These regulations and initiatives push for greater transparency, sustainability, and digitalization in industrial manufacturing, making DPPs increasingly relevant on a global scale.

SIMBA's Lightweight Solution

SIMBA’s DPP generates unique IDs for industrial products and their components, enabling end-to-end traceability. Our solution connects multiple data platforms in a lightweight mechanism, offering unprecedented visibility and finer control over operations.

Key Features:

  • Data Aggregation: Consolidates information from design, manufacturing, supply chain, quality control, distribution, and maintenance.
  • Real-time Updates: Dynamic NFTs allow on-demand editing, ensuring DPPs reflect current product information throughout its lifecycle.
  • Interoperability: Easily integrates with various blockchain ecosystems, IoT devices, and industrial control systems.
  • Data Security: Blockchain technology protects sensitive product and process information from unauthorized access.
  • Compliance Support: Provides a comprehensive, easily auditable source of truth for regulatory compliance.

SIMBA’s DPP Benefits

As leaders in secure, decentralized data exchange, we’ve collaborated with industrial manufacturing leaders to simulate entire production ecosystems. Our Digital Product Passport solution empowers manufacturers to drive innovation, optimize operations, and enhance transparency across global value chains.

By implementing SIMBA’s DPPs, industrial manufacturers can achieve greater transparency, traceability, and efficiency while providing valuable information to partners, regulators, and end-users.

Driving Revenue Growth

New Business Models: Enable product-as-a-service offerings with detailed lifecycle data.
Value-Adds: Provide customers with data-driven maintenance and optimization services.
Improved Customer Trust: Build stronger relationships through transparency and reliability.
Efficient Recalls: Quickly identifying and fixing quality issues to minimize impact.
Data Monetization: Generate insights from aggregated data to inform product development and process improvements.
Reduced Waste: Optimize inventory management and production, cutting costs and improving sustainability.
Supply Chain Optimization: Identify inefficiencies and bottlenecks in the production and distribution processes.

Want to Learn More?

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