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IOTA Amplifies its Presence in Europe by Introducing Advanced DLT Solutions

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by Giorgi Kostiuk

5 hours ago


IOTA continues to advance blockchain innovations in Europe with a series of key initiatives, including the completion of the EU-funded program for developing Distributed Ledger Technology (DLT) solutions.

DLT Solutions Development Initiative

IOTA has drawn attention by participating in the European program dedicated to creating innovative DLT solutions aimed at addressing scalability and sustainability issues. One of the key aspects is the development of tokenized Know Your Customer (KYC) solutions that preserve user data privacy.

Managing Intellectual Property

IOTA continues to enhance intellectual property management by using DLT and smart contracts to automate rights management. This ensures more transparent payment processes for creators and rights holders, improving conditions for creators and stakeholders.

IOTA Rebased Update: Blockchain Interoperability

The IOTA Rebased update marks a new era for the blockchain network, introducing improved user interfaces and asset management tools. The integration of Pyth Network Core provides real-time financial market data, enhancing IOTA’s DeFi capabilities and expanding its ecosystem.

IOTA is making significant strides towards becoming a leading force in blockchain technology in Europe, offering innovative solutions that will enhance privacy and security in decentralized finance.

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