Platform interoperability breakthrough for trusted product compliance and traceability

This interoperability initiative is founded on a shared vision of value generated by interoperable traceability platforms to facilitate the flow of data across multiple players, geographies, materials and products. The partnership also aims to ensure the responsible management of batteries in the European Union (requested notably by the EU Data Act¹ and EU Battery Regulation²).

"This is a game-changing development for industry, and we're thrilled to be leading the innovation leap. Coming regulations enforce to link several different industries to insure the end-to-end transparency. The interoperability will allow companies, without changing their legacy system, to benefit of the creation of powerful and trustworthy new products and services. This will leverage the benefits of multiple platforms simultaneously." Odile Panciatici, originator of XCEED initiative, says.

"In regard to exchanging traceability, ESG, and GHG data, this partnership is an exciting step towards advancing the industry's interoperability and widespread adoption of business ecosystem platforms for the automotive industry. Seamless integration is possible and viable using known standards. Ken Fallu, Global Head of Strategy, Mining and environment at OPTEL, says.

Optchain, OPTEL's flagship traceability solution connects all stakeholders across the value chain to ensure complete, real-time visibility for better supply chain performance, carbon footprint tracking, and compliance with regulatory standards. Founded in 1989, OPTEL is a Certified B Corporation headquartered in Canada, with facilities in Germany, Ireland, India and Brazil, as well as employees worldwide. OPTEL has a proven track record of over 30 years in providing end-to-end and highly granular traceability solutions that enable companies to unlock the potential of intelligent and digital supply chains. For more information, visit optelgroup.com and follow us on social media: LinkedIn, YouTube, Twitter.

XCEED initiative, standing for "eXtended Compliance End-to-End Distributed", is a blockchain based platform for the European industry designed to certify the compliance of product's components from design to production. XCEED enables a trustworthy network for sharing compliance information from suppliers to OEM, along the entire supply chain.

Media Contacts: Ken Fallu, Head of Strategy, Mining and Environment, OPTEL, [email protected], Mob. +1 418 955 7052

Photo - https://mma.prnewswire.com/media/2054600/OPTEL_Group_Platform_interoperability_breakthrough_for_trusted_p.jpg
Logo - https://mma.prnewswire.com/media/2054630/OPTEL_Group_Platform_interoperability_breakthrough_for_trusted_p.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/platform-interoperability-breakthrough-for-trusted-product-compliance-and-traceability-301799301.html