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EU Confirms Continued Partnership with ChromaWay for Blockchain-Based Sustainability Solutions

EU Confirms Continued Partnership with ChromaWay for Blockchain-Based Sustainability Solutions


CryptoIntelligence
2024-07-14 02:15:00

The European Union (EU) has confirmed it will continue collaborating with ChromaWay to develop blockchain-based sustainability solutions. This announcement came on July 12, following ChromaWay’s presentation at the EU Pre-Commercial Procurement (PCP) final review meeting. The presentation highlighted advancements in decentralized applications for Digital Product Passports (DPP) and intellectual property (IP) rights. During the review meeting in Brussels, ChromaWay showcased its relational blockchain technology. This technology enhances efficiency by improving the organization and complexity of on-chain data, combining the flexibility of relational databases with the decentralized security of blockchain. It supports enterprise solutions and underpins Chromia, a public layer-1 platform


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