- ObjectID has filed a patent for a decentralised product identity system on the IOTA mainnet.
- The solution links eIDAS 2.0 digital identities with domain names and enables tamper resistant product tracking.
ObjectID has filed a patent with the European Patent Office for its decentralised product identity system built on the IOTA mainnet. The startup aims to give manufacturers a straightforward way to assign each physical good a unique digital twin and to record every modification on an immutable ledger.
Patent secures technological foundation
The application sets out a method that associates eIDAS 2.0 compliant digital identities with internet domain names. Each manufacturer can generate a decentralised identifier and link it to a production batch or individual unit. The required cryptographic signatures are created with IOTA Identity and anchored in the tangle, ensuring a full history of state changes without incurring transaction fees.
Developers stress that the framework is vendor agnostic. An open interface allows integration with mainstream ERP and supply chain management software. ObjectID says serial numbers, provenance data and maintenance records can be stored as verifiable credentials. Each update is written to the Tangle, creating a tamper evident audit trail.
Impact on supply chains
Companies in the consumer goods, luxury and industrial sectors are evaluating pilot deployments. Within the European Union, traceability is becoming a priority as new regulations such as the Ecodesign for Sustainable Products Regulation demand detailed product passports. By relying on eIDAS identities, manufacturers can meet compliance requirements and reduce counterfeiting risk.
Analysts also highlight gains for circular economy models. When a product reaches end of life, recyclers can read the stored material data to optimise sorting processes. Second hand platforms can use the same digital twins to verify authenticity.
The patent application represents a significant milestone for ObjectID as it seeks to build confidence among investors and partners. According to the company, a public test network is planned for the fourth quarter, followed by software libraries for hardware vendors. The initial rollout targets medium sized firms in Europe, with global expansion envisaged thereafter.
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