TWIN, powered by IOTA, digitizes global trade with decentralized infrastructure, eliminating paper, reducing errors, and strengthening transparency.
The digitalization of international trade has ceased to be an aspiration and has become a tangible reality thanks to TWIN, an infrastructure powered by IOTA that redefines how information is exchanged between businesses, governments, and logistics players.
With a decentralized, modular, and paperless architectureTWIN is accelerating customs processes, reducing errors, and fostering more collaborative governance in global supply chains.
BUY IOTA ON BIT2METWIN: An open infrastructure for frictionless trade
The essence of the system TWIN It is based on the secure digitalization and decentralization of documents and credentials essential for international trade. Companies participating in this network receive verifiable credentials that allow them to digitally sign everything from cargo manifests to customs records, ensuring that all documents are tamper-proof.
This decentralized verification eliminates the need for intermediaries, which often slow down processes and increase the likelihood of human error.
By using the modular architecture of TWIN, companies can selectively integrate modules tailored to their specific operations, whether container tracking systems or platforms for validating regulatory compliance.
The TWIN Foundation, recently launched by IOTA in collaboration with the World Economic Forum, the Tony Blair Institute for Global Change, and other organizations, seeks to scale this solution globally. The network is open to governments, businesses, and entities looking to modernize their business and logistics processes. they said the IOTA developers.
Customs digitalization: efficiency and traceability
The flexibility of TWIN Avoids the imposition of monolithic solutions that don't fit all businesses, facilitating scalable and customized adoption. Additionally, the protocol supports global standards such as GS1 y EPCIS extension 2.0, allowing fluid communication between different systems and actors in global trade.
This interoperability and transparency have been put to the test in Africa, where the deployment of TWIN has reduced dispatch times from several days to a few hours.
Customs offices, traditionally burdened by manual paperwork and slow processes, now have a system that automates document verification and significantly speeds up procedures without sacrificing security or control. As a result, companies report lower operating costs, a lower risk of fraud, and a smoother trading experience.
Concrete examples of success include logistics operators who have been able to accelerate cargo clearance, avoiding costly delays and improving their reputation with global customers. Some customs officials emphasize the transparency it provides. TWIN It also reduces corruption and improves the traceability of shipments, strengthening public and government confidence in cross-border operations.
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Decentralized governance: trust without central control
One of TWIN's revolutionary aspects is its proposal for decentralized governance, which surpasses traditional centralized models. By distributing authority and control over documents and processes among multiple trusted actors, an ecosystem that is more resilient to fraud or manipulation is created.
This robust structure facilitates adaptation to regulatory changes and makes the rules accessible to all participants, optimizing international collaboration.
The implications go beyond reducing time and costs; with decentralized governance, governments and businesses can implement more effective policies to monitor and control the supply chain, ensuring regulatory compliance and strengthening security. This framework also provides a bridge to harmonizing international regulations, one of the main challenges of current global trade.
Although the benefits are evident, TWIN adoption faces challenges such as resistance to change, the need for technological infrastructure, and training for stakeholders. However, pilot tests and current deployments demonstrate that the benefits far outweigh the initial barriers.
Looking ahead, TWIN is poised to integrate emerging technologies such as IoT and artificial intelligence, enabling even more accurate and automated supply chain tracking. Its open and collaborative approach positions it as a key infrastructure for modernizing global trade and making it more inclusive, efficient, and transparent.
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