IOTA's technology is transforming international trade, moving away from traditional systems and implementing new operational standards.
A New Standard in Trade Digitization
IOTA is actively working on fully digitizing trade data. By using its feeless, scalable distributed ledger known as the Tangle, IOTA eliminates the inefficiencies of traditional paper-based systems, leading to a 50% reduction in global trade finance gaps and a 35% improvement in SME efficiency.
Instant, Secure Transactions
IOTA's technology is built for speed and security, with each transaction being cryptographically verified and executed almost instantly, without any fees. The replacement of manual document verification with digital certificates ensures the removal of costly delays and streamlines cross-border operations.
Document Tokenization for Data Sovereignty
IOTA also enables the tokenization of electronic documents through non-fungible tokens (NFTs). This allows users to have full control over access to their important trade documents such as certificates of origin and bills of lading, guaranteeing transparency and data protection throughout the trade lifecycle.
IOTA is actively changing the landscape of international trade with its innovations and strategic partnerships. The technologies being implemented now promise to establish a more efficient and secure trading system in the future.
