About Material Digital Passport (MDP)
The Material Digital Passport (MDP) aims to track asset lifecycle in a secured and transparent way through a unique digital space. Each physical equipment will hold a unique MDP that can be initialized by asset providers, verified by anyone and used to improve business workflows.
Main reason to initiate MDP is the major growth of counterfeited assets. MDP will have the capability to check provenance with end-to-end traceability thanks to a Global Unique Identifier system. It will increase workflow efficiencies and help waste reduction in operations.
Asset providers can get the opportunity of implementing MDP as soon as standard is defined to increase their impact and gain new market shares.