CandleFocus IOTA Technology Drives TWIN’s Virtual Watch Tower for Maritime Innovation
2024-11-29
Author: Content Editor
The latest report from IOTA (IOTA) highlights the transformative potential of the Trade Worldwide Information Network (TWIN) in the supply chain and logistics sector. The initiative aims to solve inefficiencies in the maritime industry by using secure and decentralized data sharing through the Virtual Watch Tower (VWT) project. IOTA is also working on building VWTnet, which will provide secure decentralized access to primary data for shippers and supply chain actors. The project adopts a community-driven approach and seeks to improve global supply chain and disruption management. In addition, IOTA's TWIN is targeting emerging markets to facilitate cross-border trade. The price of IOTA has seen a significant increase, with a 4% daily price surge and a 94% monthly price surge.
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