CandleFocus IOTA Expands in Africa—Trade Giants & Governments Adopt TLIP
2025-02-10
Author: Content Editor
IOTA, an open-source distributed ledger technology (DLT) platform, is playing a significant role in transforming digital trade in Africa through its Trade Logistics Info Pipeline (TLIP). TLIP, a collaborative effort between various organizations, has gained traction across Africa, with influential trade giants and governmental bodies joining the movement. TLIP uses DLT to create a secure network for sharing trade information, improving efficiency and reducing risks in international trade. IOTA has positioned itself as a network focused on the tokenization of trade assets and data scaling, extending its reach to regions such as UAE and Europe. Currently, IOTA's market cap is $832 million, with a marginal increase in price.
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