“We want to make it easier and cheaper for countries to trade with each other.”

In a batch towards reforming global trade systems, the IOTA Foundation and five prominent international organizations launched the twins, an initiative aimed at making global trade more sustainable, transparent and comprehensive through decentralized infrastructure.

It was formed in partnership with the World Economic Forum, the Tony Blair Institute for Global Change, Africa Trademarks, the Global Alliance for Trade Facilitation, and the Legal Institute for Export and International Trade, the twins will rule the information network around the world (Twin), which is an open source infrastructure on IOTA (cornDistributed Professor Book Technology.

It was announced on May 8 at the AFCFTA Digital Trading Forum in Lusaka, Zambia.

This represents a contradiction with the last height of protective trade policies, like us Definitions And the economic war is below US President Donald Trump. Twin aims to connect global supply chains, instead of getting them up.

“We are betting on a future where IOTA is the decentralized, neutral, open and non -change digital infrastructure that connects countries and people all over the world,” Dominic Shiner, co -founder and head of the IOTA Foundation, told Crypto.News in an interview.

The twin deals with long -term inefficiency in international trade, as governments provide more intelligent management of borders and access to the private sector to new competencies and digital services. The statute in the actual time allows the exchange of data that is achieved across borders and sectors, tools for decentralized identifiers, digital products passports, and self -identity frameworks.

Publishing operations in the real world

The twins are already working on the real world’s publishing operations around the world. Examples include the following: 1) The UK Cabinet Office Pilot for Poultry Imports from the European Union, 2) Blockchain control center known as the Virtual Monitoring Tower, and 3) tracking fresh products between Kenya and the Netherlands via the Resuld project. These applications show how digital transparency can reduce disturbances, guarantee product quality, compatible with ESG standards.

The twin is not just a technical pile but the first infrastructure of the governance. The Foundation will be responsible for setting standards, growing ecosystem, and long -term sustainability. In essence, there is an open source, neutral, and financially satisfied entity.

“Our agenda is very simple: we want to make it easier and cheaper for countries to trade with each other,” said Dominic Shiner, co -founder of IOTA. “We are not part of any political agenda, but we are leading an economic solution forward.”

With the project move to the start of public operation, IOTA and its twin partners see not only an upgrade to old systems – but as a scheme for the future of international trade. Next expansion and deep technical diving in infrastructure are expected later this month.

“Only this week, we upgraded the IOTA to the Rebated Protocol,” Shiner added. “Exactly because of this network upgrade, we and our partners are confident that IOTA will be the solution in which trade will be numbering and the billions are quickly distinguished from assets.”

Below are questions and complete it with Dominique Shiner, co -founder of IOTA and IOTA president.

Crypto.News: The initiative is promoted as a balance of modern national trade policies. Why is the IOTA corporation with this hot political mission? Can you ensure that your participation in providing neutral infrastructure remains a disturbance instead of paying a specific global policy agenda?

Dominic Shiner: The complete cause of the creation of Blockchain was the removal of borders and barriers that prevent the creation of a system without friction without mediators. We are betting on a future where IOTA is the decentralized, neutral, open, unchangeable digital infrastructure that connects countries and individuals around the world.

Our agenda is very simple: We want to make it easier and cheaper for countries to trade with each other. We are not part of any political agenda, but we lead an economic solution. Every country wants to trade more, as it leads to prosperity and global access.

There is a trillion dollar financing gap in commercial financing, billions of dollars are lost every year in fraud and inefficiency in a system that is largely based on paper. The twins are designed to solve these problems.

CN: Twin was built on the IOTA book, however it includes heavyweight institutions such as WeF and government -related organizations. What are the mechanisms in force to prevent any one entity from practicing huge control over the network or the data that flows through it?

DS: Twin is designed and operated by the non -profit Twin Swiss Foundation. The twins has a board of directors with many world -famous organizations (including the IOTA Foundation), which make decisions on how infrastructure evolves and grows. The Awlum Foundation’s mandate focuses strictly on the open development of the source and its global expansion to improve the global economy. The goal of the institution is not to earn money from the same infrastructure, but to ensure its continuous expansion by connecting more and more countries. Kenya was only the beginning, and we aim to bring at least dozens of countries over the coming years.

CN: Some in the encryption community may look at the IOTA partnership with WeF and the Tony Blair Institute as being in line with a “global” organization. Does working with these prominent institutions offer IOTA independence or Open of Blockchain Tech?

DS: IOTA and remains always independent and fair. It is a central network and is not controlled by anyone. Our goal since the founding of IOTA was to work with governments, NGOs and institutions for its installation on the power of Blockchain networks without permission. We see that our mission is to bring the real world to Web3, these partnerships with WeF and the Tony Blair Institute are part of achieving this goal.

This, in our opinion, is the way we achieve the prevailing adoption and attend new users, and onchain use and assets.

CN: TWIN plans to repeat commercial documents such as NFTS and secure them while checking digital identity. Who will rule this new digital identity system, and how can you ensure that these features enhance data sovereignty rather than create new points of central control or monitor? For example, what prevents a strong member of the coalition from reaching or exploiting sensitive trade data under the guise of “comprehensive” trade or security needs?

DS: The system itself is completely open source and is united, and it acts as an intelligent infrastructure on IOTA. This means that anyone can benefit and participate in the twins without requesting permission. This means that no person is needed for the “control” of the system itself, but only to make its use through integration processes in the clearing systems of ports and customs to make these distinctive commercial documents be accessible and acceptable.

All data on the twin is encrypted and fully owned by the merchants themselves. This means that we are fully compatible with GDP and self -self. Only if the trader provides approval, data can be shared with third parties (for example, port authorities, customs ads or banks to finance trade).

We benefit from the full power of open Blockchains without permission, self -autonomous identities and verified accreditation data to build an open, decentralized and safe environment for traders to share data safely across the border.

CN: IOTA technology has faced questions about decentralization in the past (for example, its previous dependence on the coordinator for the network security). Now that the critical trade infrastructure depends on your professor’s book, how do you deal with any centralization or security concerns in the IOTA network itself? If the system still requires any form of special control or can be stopped in the event of an emergency, does this not undermine confidence in this supposed decentralized commercial platform?

DS: Only this week, we upgraded IOTA to the direct protocol. This makes the IOTA a fully decentralized network and equipped for production that supports Movevm Programming on L1 guaranteed by a central, decentralized group of 150+ sincerity. Exactly due to this network upgrade, we and our partners are confident that IOTA will be the solution in which trade will be numbered and soon distinguish billions of assets.