This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
IOTA has released an updated whitepaper for its Trade & Logistics Information Network (TWIN), outlining a decentralized framework to streamline global trade. The protocol leverages verifiable digital identities and tamper-proof document trails to reduce bureaucracy and enhance data integrity. With a modular design, businesses can selectively adopt features while a global council ensures governance.
- TWIN uses verifiable digital identities and tamper-proof document trails to streamline international trade and reduce bureaucracy.
- The modular design allows businesses to selectively integrate features like container tracking without disrupting existing operations.
- A global council, including IOTA and trade authorities, governs the protocol, ensuring decentralized yet synchronized evolution.
📎 Related coverage from: crypto-news-flash.com