The IOTA Foundation has been chosen to participate in the TradeTech Regulatory Sandbox, which focuses on trade finance use cases such as KYC processes and digital identity. In addition, the foundation has launched IOTA Rebased, bringing it to the level of production Layer 1 blockchains that support the Move programming language. The organization has also introduced two testing environments, Public Testnet and DevNet, to ensure stability and security before the Rebased protocol is released to the mainnet. Developers, validators, and users are encouraged to engage with the Rebased protocol and provide feedback.



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