Recap of October 2024

Louisiana Board comments on digital DSCSA credentials

A recent survey conducted by the Louisiana Board of Drug and Device Distributors reveals significant gaps in processes for identifying Authorized Trading Partners (ATPs) and managing waivers, exceptions, and exemptions (WEEs). Out of 273 facilities surveyed, only 43% have established procedures to identify ATPs.

George Lovecchio, Executive Director of the Board, noted that confusion around ATP verification remains a major challenge, leaving many trading partners uncertain about how to verify who is authorized.

Ahead of the FDA's Stabilization Period, our colleague Dr. Christiane Wirrig has written a commentary on the report's findings and what they mean for DSCSA readiness.

Know more.

VERA by Spherity - Digital Product Passport?for ANY Product

Introducing VERA Studio?– Spherity’s advanced solution for Digital Product Passport?(DPP) that works for ANY product!

Check out how VERA Studio simplifies the creation of DPPs, empowering manufacturers and consumers with real-time data for product reuse, resale, and sustainability.

With customer engagement features like product customization, exclusive offers, and bonus programs, VERA Studio helps you build a stronger community. It also ensures compliance with regulatory data templates, enhances lifecycle management through dynamic updates, and opens new opportunities for cross-selling, recycling, and more.

Engage, Comply, Grow, with Spherity.

Watch here.

The future of decentralized web

What will the decentralized web mean for the German media and communications market over the next decade?

In a joint essay with Str?er, our CEO, Dr. Carsten St?cker, shares his expert insights on the transformative potential of decentralized identity. From reducing complexity to enabling secure and interoperable connections across people, machines, and businesses, Dr. St?cker emphasizes the importance of swift action:

“We Germans must reduce complexity in use cases and protocols and then, with a clear, economically viable use case, move more swiftly and boldly into implementation.”

At Spherity, we believe decentralized identities will pave the way for a more secure and efficient digital future. Dr. Carsten St?cker's contributions highlight their key role in this transformation.

Read the essay.

Highlights from the DPP expert workshop in Munich

Our colleague, Ricky Thiermann, recently joined industry experts at the Allianz Arena in Munich for the 4th in-person DPP?Workshop as part of the Catena-X Expert Group. Hosted by TüV SüD, the gathering brought together a diverse mix of participants, both onsite and online, focused on shaping the future of digital product transparency and sustainability.

Key topics included advancing the DPP demonstrator project, which aims to set a new standard for transparency and traceability in the digital ecosystem. The collaborative setting fostered invaluable insights and strategies for developing tools that align with our mission to?Engage, Comply, and Grow.

Stay tuned as we continue to implement these learnings and drive forward innovation in digital product information!

Reading list

Stay ahead of the curve with our curated reading list for October! Explore the latest insights on compliance, circularity, and digital identity:

1. Embedded in Nature: Nature-Related Economic and Financial Risks and Policy Considerations?by IMF
2. Ecodesign for Sustainable Products Regulation FAQ?by EU Commission
3. Unlocking the Full Potential of DPPs in Textile, Footwear, and Fashion Industry?by Dr. Carsten St?cker
4. G7 Mapping Exercise Of Digital Identity Approaches by OECD

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