In 1969, DHL started by flying shipping documents from San Francisco to Honolulu, so they would arrive before the ships.
More than 50 years later, the papers that say who owns cargo still mostly travel the same way.
We think proof of ownership belongs on a ledger anyone can
A buyer usually pays only once the goods have arrived as agreed.
Before it does, it checks that what arrived matches the order, in the quantity and condition the contract set.
If the shipping records disagree, payment waits while both sides work out whose version is right.
The
A promise to pay can be sold.
A bill of exchange orders the buyer to pay a set amount on a set date. Once the buyer accepts it, the exporter can sell it to a bank for cash today, at a discount.
The bank is buying the buyer's promise, so it needs to know whether the promise is
Security remains a key priority for IOTA.
Our bug bounty program is now live on @sherlockdefi, inviting everyone to help identify vulnerabilities and strengthen the network.
Check out the details below.
The @iota bug bounty is now live on Sherlock!
IOTA is a Move-based Layer 1 blockchain, supporting applications across digital identity, tokenization and trade.
The program covers selected source files in IOTA’s monorepo and companion SDK.
Scope and reward details below ↓
