TWIN, built on IOTA, is now live in UK border pilots through a partnership with Teesside University. Digital trade tools could save traders £1.2 billion yearly,TWIN, built on IOTA, is now live in UK border pilots through a partnership with Teesside University. Digital trade tools could save traders £1.2 billion yearly,

IOTA-Powered TWIN Goes Live to Digitise International Trade Across UK Borders

3 min read
  • TWIN, built on IOTA, is now live in UK border pilots through a partnership with Teesside University.
  • Digital trade tools could save traders £1.2 billion yearly, cut processing times 75%, and share data 20 hours earlier.

The IOTA-based TWIN tool has shifted into live use across United Kingdom border pilots, through a partnership between the IOTA Foundation and Teesside University, according to a joint press release on February 4th. Work with government trade authorities sits inside a wider digital border program that aims to turn paper-heavy trade routines into digital records.

UK Trade Strategy 2025 estimates that digital trade documentation can save UK traders up to £1.2 billion each year, cut processing times by up to 75%, and reduce manual errors and compliance costs. A study in 2024 from the London School of Economics predicted a 1.3% lift in UK GDP from trade digitalisation.

Current freight practice often sends data and documents late in the movement of a consignment, leaving very little time for correction before goods reach ports. Resolution frequently relies on long email chains and repeated phone calls, so consignments are held at borders while information is checked or resubmitted.

Earlier Data, Cleaner Trade Flows

Pilot work showed that delays at borders often stem from avoidable mistakes. Open source digital tools cut or remove paperwork, expose errors much earlier, and lower costs, while still guarding information and improving transparency for all parties along supply chains. One outcome showed critical supply chain data reaching authorities up to 20 hours sooner than before.

Trials combine the UK Government’s open source Information Sharing Network with a new digital supply chain tool created by IOTA under the TWIN Foundation. The TWIN platform supports trusted, permission-based sharing of trade data across borders and is built to link into existing government systems rather than replace them.

“There is a clear need to radically improve how trade processes work today,” said Dominik Schiener, Co-founder and Chair of the IOTA Foundation.

TWIN Raises Data Quality For Border Agencies

A central finding from pilots concerned both the timing and the quality of data seen by border authorities. Advance information already exists in many cases, yet often arrives incomplete or too generic for sound risk checks. A consignment of chicken, for example, might simply be labelled as meat with no clear detail on origin or type.

Use of the TWIN tool allows authorities to obtain more detailed and trusted information earlier in the supply chain. Errors can then be found and corrected before arrival at ports, leading to fewer avoidable stops for compliant consignments and smoother passage for legitimate trade through health and customs controls.

Port Health Authorities and other services gain a clearer view of consignments that warrant closer attention. Resources can be directed toward illegitimate or non-compliant shipments, while lawful goods face fewer disruptions, giving traders more predictable timelines and cost patterns across border crossings.

]]>
Market Opportunity
MIOTAC Logo
MIOTAC Price(IOTA)
$0.0743
$0.0743$0.0743
+0.80%
USD
MIOTAC (IOTA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
Ethereum Fusaka Upgrade Set for December 3 Mainnet Launch, Blob Capacity to Double

Ethereum Fusaka Upgrade Set for December 3 Mainnet Launch, Blob Capacity to Double

Ethereum developers confirmed the Fusaka upgrade will activate on mainnet on December 3, 2025, following a systematic testnet rollout beginning on October 1 on Holesky. The major hard fork will implement around 11-12 Ethereum Improvement Proposals targeting scalability, node efficiency, and data availability improvements without adding new user-facing features. According to Christine Kim, the upgrade introduces a phased blob capacity expansion through Blob Parameter Only forks occurring two weeks after Fusaka activation. Initially maintaining current blob limits of 6/9 target/max, the first BPO fork will increase capacity to 10/15 blobs one week later. A second BPO fork will further expand limits to 14/21 blobs, more than doubling total capacity within two weeks. Strategic Infrastructure Overhaul Fusaka prioritizes backend protocol improvements over user-facing features, focusing on making Ethereum faster and less resource-intensive. The upgrade includes PeerDAS implementation through EIP-7594, allowing validator nodes to verify data by sampling small pieces rather than downloading entire blobs. This reduces bandwidth and storage requirements while enhancing Layer 2 rollup scalability. The upgrade builds on recent gas limit increases from 30 million to 45 million gas, with ongoing discussions for further expansion. EIP-7935 proposes increasing limits to 150 million gas, potentially enabling significantly higher transaction throughput. These improvements complement broader scalability efforts, including EIP-9698, which suggests a 100x gas limit increase over two years to reach 2,000 transactions per second. Fusaka removes the previously planned EVM Object Format redesign to reduce complexity while maintaining focus on essential infrastructure improvements. The upgrade introduces bounded base fees for blob transactions via EIP-7918, creating more predictable transaction costs for data-heavy applications. Enhanced spam resistance and security improvements strengthen network resilience against scalability bottlenecks and attacks. Technical Implementation and Testing Timeline The Fusaka rollout follows a conservative four-phase approach across Ethereum testnets before mainnet deployment. Holesky upgrade occurs October 1, followed by Sepolia on October 14 and Hoodi on October 28. Each testnet will undergo the complete BPO fork sequence to validate the blob capacity expansion mechanism. BPO forks activate automatically based on predetermined epochs rather than requiring separate hard fork processes. On mainnet, the first BPO fork launches December 17, increasing blob capacity to 10/15 target/max. The second BPO fork activates January 7, 2026, reaching the final capacity of 14/21 blobs. This automated approach enables flexible blob scaling without requiring full network upgrades. Notably, node operators face release deadlines ranging from September 25 for Holesky to November 3 for mainnet preparation. The staggered timeline, according to the developers, allows comprehensive testing while giving infrastructure providers sufficient preparation time. Speculatively, the developers use this backward-compatible approach to ensure smooth transitions with minimal disruption to existing applications. PeerDAS implementation reduces node resource demands, potentially increasing network decentralization by lowering barriers for smaller operators. The technology enables more efficient data availability sampling, crucial for supporting growing Layer 2 rollup adoption. Overall, these improvements, combined with increased gas limits, will enable Ethereum to handle higher transaction volumes while maintaining security guarantees. Addressing Network Scalability Pressures The Fusaka upgrade addresses mounting pressure for Ethereum base layer improvements amid criticism of Layer 2 fragmentation strategies. Critics argue that reliance on rollups has created isolated chains with limited interoperability, complicating user experiences. The upgrade’s focus on infrastructure improvements aims to enhance base layer capacity while supporting continued Layer 2 growth. The recent validator queue controversy particularly highlights ongoing network scalability challenges. According to a Cryptonews report covered yesterday, currently, over 2M ETH sits in exit queues facing 43-day delays, while entry queues process in just 7 days.Ethereum Validator Queue (Source: ValidatorQueue) However, Vitalik Buterin defended these delays as essential for network security, comparing validator commitments to military service requiring “friction in quitting.” The upgrade coincides with growing institutional interest in Ethereum infrastructure, with VanEck predicting that Layer 2 networks could reach $1 trillion market capitalization within six years. Fusaka’s emphasis on data availability and node efficiency supports Ethereum’s evolution toward seamless cross-chain interoperability. The upgrade complements initiatives like the Open Intents Framework, where Coinbase Payments recently joined as a core contributor. The initiative, if successful, will address the $21B surge in cross-chain crime. These coordinated efforts aim to unify the fragmented multichain experience while maintaining Ethereum’s security and decentralization principles
Share
CryptoNews2025/09/19 16:37
VectorUSA Achieves Fortinet’s Engage Preferred Services Partner Designation

VectorUSA Achieves Fortinet’s Engage Preferred Services Partner Designation

TORRANCE, Calif., Feb. 3, 2026 /PRNewswire/ — VectorUSA, a trusted technology solutions provider, specializes in delivering integrated IT, security, and infrastructure
Share
AI Journal2026/02/05 00:02