Platform Interoperability Breakthrough For Trusted Product Compliance And Traceability

Optel Logo (CNW Group/OPTEL Group)

Industries are facing increasing regulations and consumer expectations regarding enhanced end-to-end transparency and traceability. This has now become a fundamental priority, in an ever more complex and distributed global supply chains landscape. As the need for a digital product passport has become crucial, OPTEL worked with IBM, the integrator of the XCEED blockchain-based platform for end-to-end compliance in industries such as automotive. As the developer of Optchain, a complete traceability solution, OPTEL joined forces with IBM to establish interoperability between the two platforms and implement seamless data bridges. This demonstrates how collaboration in leveraging innovative technologies brings transparency applicable in several industries like automotive, aeronautics industries and industrial products, starting with the use-case of end-to-end battery supply chain in the context of the Global Battery Alliance (GBA).

“OPTEL joined forces with IBM to establish interoperability between the two platforms and implement seamless data bridges”

This collaboration showcased how complex battery supply chain, which deals with major challenges of traceability of source critical minerals, for battery passport and end of life management, can be facilitated using blockchain based business network. The success of this first step was eased by agility and adaptability of involved parties, which allowed a multi-stakeholder approach of data-sharing and project management.

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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.

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