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The World Wide Web Consortium (W3C) has initiated the Verifiable Supply Chain Community Group to advance decentralized standards for verifying data in global supply chains. This group will implement the W3C's Verifiable Credentials ecosystem to enhance trust, efficiency, and reduce fraud across industrial networks.

Key focuses include interoperability and compliance with standards like the EU's Deforestation Regulation and Carbon Border Adjustment Mechanism. The initiative is aligned with efforts from the Global Legal Entity Identifier Foundation and the IOTA Foundation to integrate verifiable digital identities into international trade.