TRACE4EU has been selected by the European Commission to participate in Europe-wide ultilization on use cases in European Blockchain Service Infrastructure
Intesi Group and the TRACE4EU consortium are proud to announce that we have been selected by the European Commission to participate in the design and implementation of sustainable use cases on the European Blockchain Service Infrastructure (EBSI). TRACE4EU is led by Slovenia with the participation of more than 50 European organizations and companies with the aim to design and implement holistic solutions for trustworthy products and data traceability.
The European Commission plans to expand the European Blockchain Service Infrastructure (EBSI) and distributed European Infrastructure for trustworthy digital transactions between public organizations and companies including the integration with European digital identity under the new eIDAS 2.0 regulation.
The general objective of this project is to create an umbrella architecture based on existing EBSI services. The architecture builds the basis for the implementation of traceability application scenarios. The Pilot will be aligned with the EU Digital Wallet and related qualified trust services. Furthermore, by including organizational digital identity (“ODI”), TRACE4EU ensures that the pilot evaluates scenarios that are relevant to citizens, business and governments such as secure e-commerce and business-to-business transactions.
Our pilot is focused on the traceability of products to ensure the trustworthy proof of origin of European products e.g. Seafood, Agrifood, Halloumi, and Battery. Additionally, TRACE4EU will develop and test solutions for the secure traceability of transactions and documents to make processes in decentralized ecosystems evident against 3rd parties including their long-term preservation. The Traceability addresses the tracking requirements of physical products, documents and data but also product owners on trusted business-to-business interactions. This process includes the physical (pre-) products and materials that will be shipped and further processed in factories or manufacturing plants as well as the arrival of products to consumers. The traceability of the involved data and documents ensures the non-repudiation of digital transactions as well as secure data sharing cross-border As a result TRACE4EU will provide technical pilots to fulfill requirements on burden of proof and cybersecurity in decentralized ecosystems using EBSI.
With over 40 participants, from both the private and public sector, TRACE4EU represents most countries in the EU and EFTA and is able to provide pan-European services and further the digital inner single market and beyond.
TRACE4EU promotes recommendations for developing the EBSI ecosystem through engagement with pan-European stakeholders and has the potential to significantly influence traditional industries, assisting them in becoming more efficient, productive, competitive, and resilient. One of the aspects we are looking into is blending EBSI, Traceability, and the Digital Product Passport (DPP) with related initiatives like GAIA-X as well as European standardization bodies such as ETSI and CEN/CENELEC. TRACE4EU will start running its pilot early next year.