IOTA Targets Global Trade Backbone as Cofounder Describes Long-Term Crypto Technique
The IOTA co-founder further revealed that IOTA is focused on digitizing the backbone of the digital economy (International Trade). According to him, the initial strategy is to dominate international trade and grow to become the dominant infrastructure to digitize global pipelines. Additionally, Schiener disclosed that IOTA strategies to control the location of developing digital identities for traders and governments while tokenizing products and monetary assets for trade finance. Currently, the much-anticipated IOTA Rebased Protocol has been introduced with the Trade and Logistics Information Pipeline (TLIP) expected to be redefined, as talked about earlier. Previous Efforts to Make IOTA Dominant in Its Niche As part of the broader strategies, IOTA has actually presented its digital identity to encourage information stability while combining W3C standards with IOTA MoveVM to address issues.