Merck and Hashgraph Group launch Hedera-based product passport for EU compliance

Merck and Hashgraph Group are launching a Hedera-based product passport to meet EU compliance. The platform combines product authentication and blockchain traceability, supporting sustainability and supply-chain reporting requirements. This innovation enables companies to track products and verify authenticity, ensuring transparency and compliance with EU regulations, a crucial step in the industry's shift towards increased accountability and sustainability.