IOTA Recognized by GBBC for Revolutionizing Global Trade With Real-World Blockchain Solutions
The post IOTA Recognized by GBBC for Revolutionizing Global Trade With Real-World Blockchain Solutions appeared on BitcoinEthereumNews.com. IOTA has made its place in the Global Blockchain Business Council 2025 Handbook. The Global Blockchain Business Council (GBBC) is a nonprofit that brings together leaders from the blockchain, digital assets, and emerging tech sectors. It’s a practical, educational guide that is intended to help policymakers, regulators, and international organizations understand how blockchain is being applied.
The post IOTA Recognized by GBBC for Revolutionizing Global Trade With Real-World Blockchain Solutions appeared on BitcoinEthereumNews.com. IOTA has made its place in the Global Blockchain Business Council 2025 Handbook. The Global Blockchain Business Council (GBBC) is a nonprofit that brings together leaders from the blockchain, digital assets, and emerging tech sectors. It’s a practical, educational guide that is designed to help policymakers, regulators, and global organizations comprehend how blockchain is being utilized.
IOTA has made its place in the Global Blockchain Business Council 2025 Handbook. This recognition highlights IOTA’s TWIN as an example of blockchain in action, transforming global trade infrastructure. The Global Blockchain Business Council (GBBC) is a nonprofit that brings together leaders from the blockchain, digital assets, and emerging tech sectors. Recently, GBBC released the 2025 edition of its 101 Real-World Blockchain Use Cases Handbook. Why is this important? It’s a practical, educational guide that is intended to help policymakers, regulators, and international organizations understand how blockchain is being applied. It represents over 500 institutional members and nearly 300 ambassadors across 124 industries and countries. It highlights real-world projects, case studies, and solutions that are already making a tangible impact. Being featured in this handbook is a significant recognition; it indicates a project is trusted and reliable in the real world.
IOTA and TWIN Trade and Transportation Information Network (TWIN) is a collaborative blockchain-based effort aimed at making trade processes simpler, more transparent, and more efficient. It operates on the IOTA distributed ledger protocol. Thanks to its automated data exchange through REST APIs, TWIN has already shown impressive results, cutting export and import processing times and costs by 20% to 50%. GBBC noted that, “Built for interoperability, TWIN adheres to global data models and technical standards, ensuring compatibility with industry systems and regulatory frameworks.” Six major organizations support this project. The IOTA Foundation provides the underlying blockchain technology, offering a feeless, scalable, and secure distributed ledger that’s ideal for real-time, low-cost data and value transfers. TradeMark Africa (TMA), a leading aid-for-trade organization, focuses on reducing trade barriers across Africa. The World Economic Forum plays a key role in bringing its expertise in global policy and ensuring TWIN aligns with international standards. The Tony Blair Institute for Global Change provides insight and policy direction to help guide TWIN’s development. Meanwhile, the Chartered Institute of Export and International Trade (CIEIT) supports the initiative with hands-on training and expertise in compliance. Rounding it all out, the Global Alliance for Trade Facilitation (GATF) helps turn ideas into action, driving real-world trade reforms through strong public-private partnerships.
According to the report, TWIN technology has been undergoing trials in the UK since spring 2024, as part of the government’s Border 2025 Strategy. Various government departments and border agencies have tested the system to see how it can modernize and streamline trade. So far, it’s showing real promise. TWIN has successfully digitized trade flows for everyday goods like coffee, tea, and frozen products. This has helped streamline customs procedures and made supply chains more transparent and efficient, precisely the kind of upgrade modern trade requires. The GBBC also highlights how TWIN is revolutionizing trade finance. One of its key strengths lies in digitizing commercial invoices, a critical step that enables financial tools like invoice factoring and automated risk assessments. By setting a new standard for digital trade documentation, TWIN is helping businesses gain faster access to funding, slash transaction costs, and accelerate payment processing, removing friction from one of trade’s most outdated areas.
The report also emphasizes how TWIN is being used to strengthen global supply chains and logistics. One key initiative is the Responsible Supply Chains and Logistics Due Diligence (RESULD) program, which focuses on the movement of fruits and vegetables between Kenya, the Netherlands, and the UK. By integrating TWIN, the program ensures full traceability and accountability throughout the supply chain, from farm to table. Another application is with Maritime Just-in-Time Optimization. This project aims to enhance port operations by reducing congestion and fuel consumption. In East Africa, the Trade and Logistics Information Pipeline (TLIP) showcases how TWIN can streamline and digitize trade processes.
