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"K" Blockchain Battery Passport Platform Targets Middle Eastern Market

PMGrow and Parameta Unveil Platform for the First Time at "GITEX 2025" in Dubai

A blockchain-based battery passport platform developed by a Korean company is targeting the Middle Eastern market.


PMGrow Co., Ltd. (CEO Park Jaehong), a company specializing in electric vehicle battery services, and Parameta Co., Ltd. (CEO Kim Jonghyup), a Web3 enabler, jointly participated in GITEX 2025 (Expand North Star & GITEX Global) held at the Dubai World Trade Center from October 12 to 15.


GITEX 2025, held at the Dubai World Trade Center (DWTC) and Dubai Harbour in the United Arab Emirates (UAE), is the largest ICT exhibition in the Middle East and one of the world's top three international technology business events. The event attracted 6,500 companies and over 200,000 visitors from more than 180 countries.


At this exhibition, PMGrow and Parameta unveiled for the first time their jointly developed "blockchain-based battery passport platform," designed to address the EU Digital Product Passport (DPP) regulations.

"K" Blockchain Battery Passport Platform Targets Middle Eastern Market Dubai GITEX 2025.

The two companies are combining a Korean battery data standard with blockchain-based DID (Decentralized Identifier) and PDS (Personal Data Store) technologies to ensure that the entire lifecycle data of electric vehicle batteries-production, operation, reuse, and recycling-can be managed without tampering. They are implementing technology that allows manufacturers, service providers, transportation companies, and recycling firms to exchange reliable information on a single integrated platform.


This platform, developed as part of the "2025 Blockchain Public Sector Focus Project" led by the Ministry of Science and ICT and the Korea Internet & Security Agency (KISA), automatically collects and registers real-time operational data such as battery origin, manufacturing information, charge/discharge history, state of health (SOH), and temperature/voltage data. The collected data is encrypted and verified on the blockchain, enabling proactive compliance with the EU DPP regulations scheduled to take effect in 2027.


The platform is currently being tested by integrating electric vehicle operation data from Busan City, as well as data from used car, maintenance, charging, and recycling companies. This pilot project is significant both technologically and policy-wise, as it is the first in Korea to be built on a public blockchain joint infrastructure. It is expected to enhance the global competitiveness of Korea's electric vehicle and secondary battery industries.


PMGrow is responsible for battery diagnostics and history verification using more than 100 million kilometers of driving data collected through its battery state-of-health certification service, WattEver. Parameta provides DID, PDS, and smart contract technologies through its blockchain platform for public and financial institutions, MyID 2.0.


The two companies plan to complete an international interoperability and private sector expansion model in line with the EU DPP standards and the Ministry of Trade, Industry, and Energy's Data Space Guidelines.


In Dubai, the companies drew attention by demonstrating: ▲ data flow that tracks the entire process from battery manufacturing to operation and recycling on the blockchain; ▲ real-time SOH-based battery certificate issuance; and ▲ battery ownership and verification scenarios using a DID electronic wallet.


Through this GITEX 2025 exhibition, PMGrow and Parameta are seeking partnerships with battery-related organizations and companies in the EU, Middle East, and Southeast Asia. They also plan to pursue investment collaborations with global OEMs, battery manufacturers, and energy companies, including partnerships to address Korean DPP compliance.


Park Jaehong, CEO of PMGrow, emphasized, "This demonstrates the potential for Korea to take the technological lead in the battery passport field. We will build global partnerships that transparently record the entire battery lifecycle and deliver tangible ESG and carbon reduction outcomes."


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

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