cryptonews.net
IOTA’s management team visited the World Economic Forum headquarters in Geneva as part of their collaboration with the WEF. They have already begun working to digitize trade and supply chains around the world. To this end, IOTA is using Tangle technology to enable a more secure, efficient, and transparent exchange of data between countries. With the TWIN initiative, IOTA and WEF are solving deep-rooted inefficiencies in global trade. By integrating digital solutions into trade logistics, they are creating a seamless, tamper-proof infrastructure that builds trust and simplifies processes.
On February 27, the IOTA Foundation blog announced a new alliance that goes beyond just the WEF — the Tony Blair Institute for Global Change and Trademarks in Africa has also joined. Together, they are changing the landscape, step by step. In Abu Dhabi, at the 13th WTO Ministerial Conference, this momentum was given a formal structure. A cooperation agreement was signed between IOTA and its partners to ensure that the governance of TLIP remains fair, open and inclusive.
The plan is to create a common digital space that welcomes all stakeholders to shape how trade develops. The main advantage of TLIP is IOTA’s distributed technology, which returns control to individual participants in the system. They manage their own data, decide who sees what, and do so without having to trust a centralized gatekeeper.
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