IOTA's distributed ledger technology is growing its presence in the European Union through strategic partnerships aimed at improving trade, sustainability, and compliance solutions.
IOTA's Role in Post-Brexit Trade
IOTA is partnering to digitalize trade lanes between the EU and the UK to optimize transport management and data sharing among trading partners. These innovations promise to reduce administrative costs and enhance cross-border trade efficiency. IOTA's Trade and Logistics Information Pipeline (TLIP) has already proven its impact by revolutionizing post-Brexit trade between the UK and the EU.
IOTA's Sustainability Partnerships
Sustainability is at the core of IOTA's innovations. In the Netherlands, IOTA participates in sustainable energy reward projects. Moreover, IOTA is implementing a Digital Product Passport prototype for electronics, ensuring transparency and traceability throughout the device lifecycle. IOTA's support in sustainable solutions builds its reputation in eco-friendly technology.
Upcoming IOTA Rebased Protocol Launch
Soon, IOTA will release the new IOTA Rebased Protocol version aiming to enhance the network's scalability and decentralization. This upgrade positions IOTA as a high-performance platform, with planned transaction processing speeds exceeding 50,000 per second and finalization times under 500 milliseconds.
IOTA’s expansion through strategic EU projects and the launch of its new protocol version enhance its standing as a key player in distributed ledger technology, advancing sustainability and security.
