- IOTA is expanding into Southeast Asia, with plans to integrate its TWIN logistics network by 2025, following discussions between co-founder Dominik Schiener and Philippine Trade Secretary Cristina Aldeguer-Roque.
- Alongside this, IOTA’s Rebased protocol enhances scalability and efficiency with innovative features like a dual-contract system and high transaction speeds, solidifying its position as a leader in blockchain technology.
IOTA, the innovative decentralized blockchain platform, is making waves in Southeast Asia with its ambitious expansion plans. In a significant step forward, Dominik Schiener, IOTA’s co-founder, recently met with Philippine Trade Secretary Cristina Aldeguer-Roque to discuss integrating IOTA’s TWIN logistics network into the region by 2025. This initiative could transform trade processes, marrying physical goods with cutting-edge digital infrastructure to eliminate inefficiencies and enhance transparency.
TWIN Logistics: Bridging the Digital and Physical Worlds
The proposed integration of the TWIN network into Southeast Asia’s logistics system aims to streamline trade. By leveraging blockchain technology, TWIN optimizes supply chain operations, reduces friction, and fosters real-time visibility across transactions. Such advancements position IOTA as a critical player in reshaping global trade networks.
Rebased Protocol: IOTA’s Game-Changing Upgrade
At the heart of IOTA’s expansion is its groundbreaking Rebased protocol. Building on prior updates like Stardust, Rebased introduces a dual-contract system combining the Ethereum Virtual Machine (EVM) with MoveVM. This dual approach allows developers to harness the best of both ecosystems, supporting seamless, scalable solutions.
Key features of the Rebased protocol include:
- Lightning-Fast Transactions: The Mysticeti consensus mechanism enables over 50,000 transactions per second with minimal latency, ensuring rapid finality without compromising decentralization.
- Low Costs and High Rewards: With adaptive fee burn mechanisms, transaction costs are kept minimal, while staking participants enjoy yields of 10-15%.
- Enhanced Decentralized Finance (DeFi): The upgrade bolsters IOTA’s DeFi capabilities, making it a hub for innovation.
Strategic Partnerships and a Growing Ecosystem
IOTA’s strategic alliances and ecosystem growth further cement its position as a blockchain leader. Recent milestones include:
- The Ethereum Virtual Machine (EVM) Layer 2 platform achieving a Total Value Locked (TVL) increase from $30 million to $86 million since its launch in mid-2024.
- Investments of $28 million over two years to support DeFi adoption.
- Key global partnerships, such as Kenya’s Trade and Logistics Information Pipeline and the tokenization of U.S. Treasuries.
The Future Awaits
As IOTA continues to expand its footprint and innovate within the blockchain space, its influence on logistics and decentralized systems is undeniable. By 2025, the integration of TWIN into Southeast Asia could mark a turning point for trade efficiency and transparency in the region, positioning IOTA as a pivotal force in the global digital revolution.