How IOTA is Revolutionizing International Trade

How IOTA is Revolutionizing International Trade

How IOTA is Revolutionizing International Trade? Track and Trace Container Demo

This video provides a walk through of how IOTA Tangle technology is revolutionizing international trade. In this demo, we show how IOTA can be used to track containers in the supply chain and cross-borders. The demo site used in the video can be found at https://tradedemo.iota.org.

Source: https://www.youtube.com/watch?v=o5jX8VAyzUs

What is IOTA?

IOTA, the first open-source distributed ledger that is being built to power the future of the Internet of Things.

The technology empowers Smart Manufacturing with feeless microtransactions and data integrity for machines.

Cryptographically secure, in a decentralized way, and with communication happening machine to machine, IOTA is being used for any sort of information transferred during the production processes in the Smart Factory.

In the future, a Digital Twin is stored in The Tangle and is a digital representation of everything in the factory. This ensures that a machine is running the correct software, enables continuous and precise data analysis, and predictive maintenance.

In the factory, machines are acting autonomously, earning and paying digital money for their services and exchange of material and other resources in real time.

As material is handled and transformed into parts and components, the data follows the material.

Effective and transparent operations, resulting in massive efficiency gains and quality improvements.

IOTA technology provides trust in this steady flow of data, a secure and tamper proof audit trail for the machines operations is established.

IOTA is fast becoming a key enabler for this Industry 4.0 vision!

Contact the IOTA foundation to collaborate around the most inspiring and groundbreaking industry transformation in our lifetime.

IOTA technology provides an immutable, transparent audit trail that builds trust across the entire supply chain. For more information on how IOTA Tangle provides secure data transfer and storage enabling greater efficiency across the entire supply chain

IOTA is a revolutionary new transactional settlement and data transfer layer for the Internet of Things. It,s based on a new distributed ledger,the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized
peer-to-peer system.

Access the IOTA workspace on High-Mobility:
https://high-mobility.com/

Homepage IOTA:
https://www.iota.org

Trinity Wallet IOTA:
https://trinity.iota.org/

Blog :
https://blog.iota.org

Twitter:
https://twitter.com/iotatoken

Discord:
https://discordapp.com/invite/fNGZXvh

Reddit:
https://www.reddit.com/r/iota

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