March 27, 2025 3:45:36 PM
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IOTA Works with World Economic Forum to Digitize Supply Chains

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  • IOTA joins forces with the World Economic Forum to digitize global trade using its blockchain-based Trade Logistics Information Pipeline (TLIP).
  • The network’s increasing activity in NFTs and smart contracts signals broader adoption beyond supply chain solutions.

IOTA took to X to thank the World Economic Forum (WEF) for hosting its leadership team in Geneva. The project is collaborating to transform global trade and supply chains into a seamless, digital-first ecosystem through the Trade Logistics Information Pipeline.

This project, in collaboration with WEF, Trademark Africa, and the Tony Blair Institute for Global Change, leverages IOTA’s Distributed Ledger Technology to bring efficiency and transparency to global trade.

Launched at the WTO’s 13th Ministerial Conference in Abu Dhabi, TLIP is a decentralized trade data management system that facilitates the seamless exchange of documents between companies and regulatory authorities.

The platform’s design eliminates the need for centralized databases, which makes transactions quicker and lowers logistical intricacies.

The project seeks to resolve major inefficiencies that slow down global trade processes by using blockchain-based solutions.

IOTA’s inclusion in the collaboration highlights its growing relevance in government and enterprise applications. Supported by influential entities, the project can contribute to streamlining border procedures, lowering expenses, and making trade more convenient for businesses worldwide.

IOTA’s Expanding Ecosystem

Beyond trade facilitation, IOTA continues to build out its ecosystem. The network has seen an increase in NFT activity and active addresses, indicating increasing adoption beyond supply chain solutions.

As we reported, the alpha launch of IOTA Identity on the rebased testnet is another step towards a decentralized and privacy-oriented identity system. The system will give users full ownership of their digital identities, eliminating third-party dependencies.

Furthermore, the IOTA Foundation has recently revamped its website to reflect its vision of building decentralized tech for real-world applications.

Meanwhile, IOTA Labs’ on-chain campaign has gained momentum, with GameFi projects like Dark Mythos IOTA and Shiuniverse and a prize pool of 3 million IOTA tokens.

Collaboration with WEF Puts IOTA in the Global Spotlight

The partnership with the World Economic Forum is a milestone in IOTA’s history, positioning it at the forefront of blockchain-powered trade solutions.

This collaboration places IOTA in the international limelight, the community members indicate, enhancing high-level engagement with policymakers and industry leaders.

The TLIP solution, which is backed by WEF, can help achieve mainstream adoption by providing governments and enterprises with open, trustless trade solutions.

IOTA’s expanding smart contract feature set, staking, and transactional efficiency remain the foundation of its decentralized economy vision.

The likes of the network Gas Station, where developers can sponsor fees and staking rewards with 10-15% APY, are making the network ever more appealing to participants.

The implementation of MoveVM on Layer 1, enabling as many as 1024 operations in a single transaction, accelerates the execution of smart contracts. Yet with these innovations, IOTA will be playing a critical role in the future of blockchain implementation in trade, finance, and beyond.





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