The document discusses the introduction of the GS1 digital link, a new product coding standard that allows every physical product to connect to the web via a single code, enhancing product digitization on a massive scale. This new standard facilitates supply chain traceability and direct consumer interactions, significantly improving data collection and operational efficiencies. It aims to consolidate multiple codes into one, utilizing new internet-ready identifiers to drive consumer engagement and digital applications across the consumer product industry.