TrackTrace is positioned as infrastructure supporting the EU’s broader climate agenda under the European Climate Act, which targets net-zero emissions by 2050 and at least a 50% emissions reduction by 2030.

According to Stefan Deiss, co-founder and CEO of The Hashgraph Group, trusted digital infrastructure is essential to meeting these goals. He said the European Green Deal requires systems capable of ensuring transparency and data integrity across increasingly complex global supply chains.

Businesses selling into EU markets will need reliable data systems to comply with ESPR reporting requirements. The Hashgraph Group confirmed it is working with PwC to support enterprise-level Digital Product Passport implementations.

As regulatory deadlines approach, blockchain-based compliance tools are emerging as a potential solution for companies seeking tamper-proof and auditable reporting frameworks.