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EU digital product passports won’t solve food fraud, but blockchain can

cryptoweekly by cryptoweekly
April 30, 2025
in bitcoin, News
0

Honey fraud is a growing global issue, but blockchain-powered self-sovereign identity (SSI) offers an effective solution to tackle food fraud with tamper-proof verification.

Opinion by: Fraser Edwards, co-founder and CEO, Cheqd

Brutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet regulatory standards. 

Self-sovereign identity (SSI) can fix this. 

Read more

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Recent Posts
  • Kraken, Robinhood-backed MiCA-compliant Global Dollar stablecoin lands in EU
  • Competition heats up as crypto exchanges vie for European market
  • Deutsche Bank to launch crypto custody accounts in 2026: Report
  • UK’s Smarter Web Company adds $24.7M in Bitcoin, now holds 773 BTC
  • Bitcoin due to copy S&P 500 to hit new all-time high in July: Forecast
  • Bitcoin targets $200K as profit metrics enter ‘cautiously optimistic’ zone
  • Elon Musk’s xAI raises $10B as Trump threatens to unleash DOGE on him

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