TrackTrace also integrates IDTrust, The Hashgraph Group’s decentralized identity solution, to provide verifiable credentials in a tamper-resistant environment. By anchoring immutable audit trails on Hedera, the system links physical supply chain events with secure digital records.

Hedera describes itself as one of the world’s most energy-efficient distributed ledger technologies and is governed by a council of major global organizations, including Dell Technologies, Deutsche Telekom, Google, and IBM, among others.

TrackTrace enters a competitive field of blockchain-based traceability solutions. Notable alternatives include IBM Sterling Transparent Supply, TrusTrace, and other sector-focused compliance tools targeting batteries, plastics and textile supply chains.

As Digital Product Passport requirements expand across industries, platforms like TrackTrace could play a growing role in helping companies align sustainability reporting with regulatory compliance.