Summary:

Cryptocurrency network IOTA is expanding its reach in the global trade sector through its collaboration with TradeMark Africa in the Trade and Logistics Information Pipeline (TLIP) project. TLIP, which began in Kenya during the height of the pandemic, aims to revolutionize the movement of goods and services globally. TLIP has expanded beyond East Africa to the rest of Africa and Asia and plans to launch new real-world asset decentralized applications (dApps) in the future. TLIP has also focused on integrating with government agencies in Kenya to improve access to critical documents and authorizations. Additionally, TLIP has signed agreements with global organizations to expand its solutions to traders worldwide. This year, TLIP has ventured into industries such as maritime transport, UK-EU trade post-Brexit, and trade financing. The price of IOTA has seen a slight decline in the past day.



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