It hasn't been covered in the media: this week The European Parliament has overwhelmingly adopted the revised Ecodesign framework. This aims to improve various aspects of products throughout their lifecycle, making them more durable and reliable, easier to reuse, upgrade, repair, and recycle, and use fewer resources.
Simply put, it's about ensuring that products on the European market are more sustainable.
Of course, this comes with numerous constraints for companies wanting to do business in Europe, but it's a major step toward a more sustainable world. Since Europe is the first region to regulate in such a comprehensive way, it's a significant market opportunity. The technologies that will be invented in Europe to meet these standards will undoubtedly be useful worldwide shortly.
One aspect of this regulation involves attaching information to each product about its composition, origin, how to repair and recycle it. @arianee 's data framework provides a straightforward solution to do so, and add the product's story after it enters the market and enabling the brand or distributor to stay in touch with the product's owner throughout its lifecycle.
I'm bullish for 馃嚜馃嚭 and web3 :)
