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@iota

IOTA

@iota
Neutral blockchain infrastructure for global trade and supply chains, enabling trusted trade through @TWINGlobalOrg.
iota.org
Joined October 2015
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  • Pinned
    @iota
    IOTA
    @iota
    Jun 11
    👣 IOTA Audit Trails: because trust in business records shouldn't depend on who controls the database. Today we're launching a new open-source solution that lets any authorized party verify the full history of a workflow, without gatekeepers, intermediaries, or blind faith. 🧵⤵️
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  • @iota
    IOTA
    @iota
    Sep 8
    A funder can hold a signed invoice for a shipment that was never loaded. A bill of lading is meant to prove otherwise, and it can be issued for cargo nobody has seen. Without the shipment, the funder is lending unsecured and does not know it.
    6
  • @iota
    IOTA
    @iota
    Sep 5
    Digital trade facilitation reforms could cut global trade costs by up to 14%, according to the UN's global survey. Most of that is one country agreeing to accept a certificate another country already issued. Same ships, same roads. Fewer days between a cargo leaving and a
    12
  • @iota
    IOTA
    @iota
    Sep 3
    Trades get queried months after settlement, by parties who were not there and cannot call anyone who was. A record that only holds up while someone can vouch for it is no use to them. What holds up is a history nobody could revise.
    12
  • @iota
    IOTA
    @iota
    Sep 1
    The cargo is loaded. The buyer is confirmed. The financing does not arrive. Across Africa, that adds up to around $100 billion a year. What a lender can verify, a lender can price. Proof is what changes the answer.
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