- IOTA and its partners launched the TWIN Foundation to digitize global trade and reduce costly inefficiencies.
- TWIN uses decentralized technology to boost transparency, streamline supply chains, and give users control over their data.
Global trade has long been plagued by inefficiencies—outdated paper-based systems, slow customs procedures, and disconnected platforms. But that may soon change thanks to a bold new initiative: the TWIN Foundation. Powered by IOTA’s cutting-edge technology and backed by the World Economic Forum (WEF), TradeMark Africa, and other global partners, TWIN is redefining how trade operates.
From Friction to Flow: What TWIN Fixes
Despite our digital age, international trade still relies heavily on paper. A single transaction can involve up to 36 documents, 240 copies, and 30 different parties. This isn’t just inconvenient—it’s expensive and slows everything down. TWIN (Trade and Logistics Information Network) tackles these issues head-on.
Using IOTA’s feeless distributed ledger technology, TWIN enables transparent, secure, and decentralized data exchange. By eliminating the need for a central authority, it removes bottlenecks, lowers costs, and reduces the risk of lock-in to proprietary systems.
Built for the Future: Tech That Goes Beyond the Basics
TWIN isn’t just another blockchain solution. It leverages the Rebased upgrade of IOTA, taking full advantage of advanced decentralization and tokenization features. It also aligns with emerging standards like Gaia-X, which help define the future of data-sharing across Europe and beyond.
A key innovation is the Data Space Connector, a tool that gives businesses and governments full control over their data—who sees it, when, and how. This level of sovereignty is vital in a world where data privacy and independence are increasingly under threat.
TWIN Nodes, the network’s digital backbone, seamlessly connect businesses, platforms, and participants. Rather than forcing companies to abandon their existing systems, TWIN plugs directly into them using APIs—making integration faster, easier, and more affordable.
A Public Good With Real-World Impact Powered by IOTA
Crucially, TWIN is a non-profit foundation. Its mission: make global trade more inclusive, accessible, and efficient. According to the WEF, full digital trade facilitation could cut global trade costs by 25% and unlock up to $10 trillion in value.
And it’s not just theory. TWIN is already being used in live projects like MISSION, aimed at reducing port congestion in the EU, and RESULD, which digitizes Kenya–Europe fruit supply chains. The Virtual Watch Tower project uses TWIN to bring better transparency and coordination to global industries.
With IOTA at its core, TWIN may just be the decentralized breakthrough global trade has been waiting for.
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