IOTA Strengthens Global Profile with Coverage in Leading Korean Business Newspaper
- Dominik Schiener, the co-founder of IOTA, was featured in a Korean business newspaper on the digitization of trade in South Korea.
- The newspaper broke down how the network is linked to a governance pilot in Kenya, TWIN and other efforts to digitalize trade.
IOTA co-founder Dominik Schiener was the subject of a major article in a Korean business newspaper that focused on blockchain-based trade infrastructure. This interview highlighted the network’s role in connecting trade, logistics, public-sector data, and cross-border payments.
IOTA’s effort to modernize trade processes in areas that rely on paper documents, manual verification, and slow institutional communication remained central to the discussion. In many markets, exporters, customs agencies, ports, banks, and logistics providers still face delays because information does not flow in a trusted and efficient way.
Schiener noted:
Founded in 2015, IOTA began with a focus on machine-to-machine and data connectivity for the Internet of Things. That technical base now supports work in document verification, supply chains, and trade finance, where reliable records remain essential.
TWIN, the nonprofit trade initiative built by IOTA, the World Economic Forum, and the Tony Blair Institute for Global Change, was also featured in the update. That framework connects trade documents and commercial data across borders through a secure digital system.
This month, IOTA listed on Bullish, expanding the token’s access to institutional investors through a U.S.-based digital asset exchange. As we reported, the listing strengthened the network’s international reach, with Bullish operating across the United States, Hong Kong, and Europe.
IOTA Builds Its Trade Case Through Real-World Projects
A practical example in the article focused on a Rwanda-based tantalum mining company. In that example, warehouse receipts and ownership records were tokenized on blockchain rails, which opened access to financing backed by verifiable assets. That model offers a different route in places where trade finance often comes with very high borrowing costs.
Africa was prominently highlighted as an important part of IOTA’s trade vision. Cross-border payments in some parts of the continent still move slowly through traditional banking channels, while stablecoins can support faster settlement, including weekend transfers. That matters for businesses that need access to liquidity and more predictable payment flows.
Kenya was another important example of real-world use. The network completed a pilot linking 34 government systems to strengthen secure data sharing and verification, showing how blockchain can support trade records and reduce friction across public institutions.
In Europe, the focus was on trade between the United Kingdom and Poland. Even in an advanced trade corridor like this, paper documents continue to cause issues during customs clearance and lead to delivery delays.
Previously, CNF noted that the IOTA Foundation launched a Regulatory Affairs hub to support MiCA compliance and broader policy engagement across its ecosystem. The hub provides regulatory resources, technical documentation, and compliance materials for builders, exchanges, and ecosystem partners.
At the time of writing, IOTA fell slightly to $0.06554, while 24-hour trading volume rose 7.37% to $13.33 million.
]]>추천 콘텐츠
Vitalik Buterin Admits Ethereum Hasn’t Meaningfully Improved People’s Lives
Moove.xyz Launches KYC-Free Cross-Chain Crypto Payment Platform
