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- A crypto analyst has explained how IOTA’s Trade Worldwide Information Network (TWIN) could redefine the global supply chain industry by reducing transaction costs and processing time by 50%.
- The analyst believes that IOTA could, through this initiative, solve the ancient problem in the global supply chain.
IOTA’s recent technological breakthrough and ecosystem development have caught the attention of Web3 professional Lenny, who has labelled the project as “more than crypto.”
According to a post explaining his observation, Lenny highlighted that IOTA is fundamentally redefining the operation of trillion-dollar industries with its recent collaboration to launch TWIN.
As explained in our recent blog post, a TWIN Foundation was established by six organisations – “TradeMark Africa, the IOTA Foundation, the World Economic Forum, the Tony Blair Institute for Global Change, the Global Alliance for Trade Facilitation, and the Chartered Institute of Export & International Trade.” The idea is to steward the open-source infrastructure of TWIN to manage technical development, standardisation, and ecosystem growth.
More About the TWIN Initiative
Our research shows that TWIN is regarded as a digital platform to ensure that data is shared instantly and securely by global supply chains. As reviewed in our recent publication, it became one of the major topics of discussion at the recently held “IOTA East Africa Web3 Innovation Summit” hosted in Nairobi on May 30.
Meanwhile, Lenny believes that IOTA’s involvement with TWIN has put it in a better position to address the long-standing “paper-choked nightmare of international logistics.” Per his observation, the building of a neutral and open-source framework on IOTA’s DLT for secure and instant exchange makes it look like a “universal language for ports, exporters, and customs”.
Proving its efficiency and problem-solving ability, Lenny disclosed that pilot programs in the UK and Kenya seamlessly reduced processing times by 50%. Not just that, processing cost was significantly reduced as well. According to our recent update, the mainnet testing of TWIN has already begun with the official launch scheduled for the third quarter of the year (Q3 2025).
We’re talking about streamlining customs for actual, physical goods like frozen foods, coffee, and fresh produce. This is where the rubber meets the road.
Unlike the existing technologies meant to offset these supply chain challenges, Lenny hinted that IOTA’s initiative stands tall as it is backed by heavyweight institutions like the Tony Blair Institute, the World Economic Forum, and TradeMark Africa. In the long term, this is expected to be expanded across the entire Africa to eliminate the existing trade barriers.
This is the very definition of the RWA and DePIN narrative: using crypto tech to solve tangible, billion-dollar problems. While others make promises, IOTA is delivering real-world utility right now. The question is, when will the wider market wake up to this?
IOTA’s Recent Updates
Recently, a renowned influencer called Salima disclosed that three major new tokens have emerged on the IOTA mainnet in less than 20 days after launch. As featured in our recent coverage, the tokens were REGCOIN, OID_TOKEN, and the Carbon Credit. Additionally, IOTA Identity v1.6-beta has gone live. As mentioned in our previous news brief, this initiative is mainnet-ready.
