FinanceLane
  • Funding
    • Equity Funding
    • Debt Funding
    • Crowdfunding
    • Real Estate Funding
  • Investing
    • Stocks
    • Bonds
    • Mutual Funds
    • Commodities
    • Forex
    • Private Equity
    • Real Estate
    • Crypto Investing
  • Lending
    • Personal Loan
    • Business Loan
    • Mortgage
    • Credit Card
    • Microfinance
    • Peer-to-Peer Lending
  • Insurance
    • Life Insurance
    • Health Insurance
    • Auto Insurance
    • Education Insurance
    • General Insurance
  • Banking
    • Individual Banking
    • Business Banking
    • Investment Banking
    • Neo Banking
    • Payments Bank
  • Wealth
    • Earning
    • Savings
    • Investments
    • Budgeting
    • Credit Management
    • Tax Planning
    • Retirement
  • Fintech
    • Payments
    • Digital Banks
    • Alternative Financing
    • Asset Management
    • Softwares
  • Startup
    • Startup Ecosystem
    • Merging & Acquisition
    • Equity Investing
    • Franchising
    • Business Offers
  • Crypto
    • Crypto Coins
    • Crypto Trading
    • Bitcoin
    • Blockchain
    • DAPP
    • Crypto Investing
  • Login
No Result
View All Result
FinanceLane
  • Home
  • Funding
  • Investing
  • Lending
  • Insurance
  • Banking
  • Wealth
  • Crypto
  • Newsletters
  • Feedback
Home News Feed Blockchain News

IOTA Foundation and Tony Blair Institute Collaborate for Inclusive Digital Trade

Blockchainby Blockchain
June 4, 2025

Ted Hisokawa Jun 04, 2025 03:27

The IOTA Foundation partners with the Tony Blair Institute to develop open digital infrastructure, aiming to support inclusive trade and digital identity globally.

IOTA Foundation and Tony Blair Institute Collaborate for Inclusive Digital Trade

The IOTA Foundation has entered into a strategic partnership with the Tony Blair Institute for Global Change (TBI) to establish open and trusted digital infrastructure that promotes inclusive trade and digital identity. This collaboration aims to benefit governments, small businesses, and underserved communities worldwide, according to the IOTA Blog.

Building Inclusive Digital Infrastructure

Modern economic systems often suffer from fragmentation and exclusivity. The partnership between IOTA and TBI seeks to address this by creating public goods that are open-source and standards-based. These systems are designed to be interoperable and governed by shared principles, promoting trust across digital platforms.

Focus Areas and Global Reach

The Memorandum of Understanding (MoU) signed by the two organizations outlines a commitment to develop digital infrastructure starting in Africa, with the potential for global expansion. The collaboration emphasizes five core areas: trusted data exchange for cross-border trade, trade and supply chain ecosystems, national digital infrastructure upgrading, digital identity and access, and inclusive innovation.

By leveraging TBI’s extensive policy knowledge and IOTA’s expertise in decentralized ledger technology, the initiative aims to support forward-thinking administrations and grassroots innovators. The focus is on co-developing solutions that meet the specific needs of governments and public institutions while reducing technical barriers to digital transformation.

Implementation Strategies

The partnership will see the deployment of the TWIN system, which is designed to support the implementation of the Africa Continental Free Trade Agreement (AfCFTA) and its new Digital Trade Protocol. The collaboration also involves conducting research and advisory work on cross-border digital identity systems, enhancing their reliability and trustworthiness.

Additionally, the initiative will assist governments in building digital public infrastructure, ranging from customs systems to social benefit delivery tools. Workshops and stakeholder engagements are planned to align policy, technology, and capacity-building efforts.

Addressing Trade and Innovation Barriers

Trade friction and data silos are significant barriers to economic opportunity, often hindering innovation and increasing operational costs. The partnership aims to dismantle these barriers by fostering public digital infrastructure that is open, auditable, and locally governed. This approach is expected to facilitate quicker border clearances and enhance data protection.

Catherine Rimmer, CEO of TBI, highlighted the practical impact of the partnership, stating that it aims to modernize trade systems using fast and transparent digital technology. Dominik Schiener, Co-Founder and Chair of the IOTA Foundation, emphasized the shared mission to deliver digital infrastructure that empowers small businesses and governments, marking TWIN as just the beginning of broader initiatives.

Image source: Shutterstock Read The Original Article on Blockchain.News

Tags: DIGITAL TRADEIOTA FOUNDATIONNewsTONY BLAIR INSTITUTE

Related Topics

Advisory

Here’s how you can protect your turf at work

Advisory

What should FD investors do now? RBI cuts repo rate by 50 bps, interest rates will fall further

Prev Next

You May Like

Advisory

Here’s how you can protect your turf at work

Advisory

What should FD investors do now? RBI cuts repo rate by 50 bps, interest rates will fall further

Advisory

Big savings for home loan borrowers as EMIs to fall significantly after RBI cuts repo rate by 50 bps

Advisory

Bakrid bank holiday today: Are banks open or closed in your state on June 6, 2025 for Id-ul-Ad’ha 2025

Advisory

HDFC Bank UPI and other services won’t be available on this date: Check details here

Advisory

Waiting list train ticket? Get ticket confirmation assurance with up to 3x money back guarantee from Ixigo, Redbus and MakeMyTrip

Advisory

Bank holiday on June 6, 2025 and June 7, 2025: Are banks closed tomorrow in your state for Bakrid?

Advisory

5 things you’re probably doing, that are pushing away success at your job

Financial News

Advisory

FD interest rate up to 8.25% for senior citizens investing for one year tenure

FinanceLane
by FinanceLane
Advisory

Eid-Ul-Fitr holiday on March 31, 2025: Are LIC, Income Tax Office, other institutions open on March 29, March 30, and March 31 for financial year-end transactions?

FinanceLane
by FinanceLane
Blockchain News

HKMA Warns of Fraudulent Chiyu Bank Websites and Login Screens

Blockchain
by Blockchain
Advisory

PM Vidyalaxmi Scheme: PNB cuts education loan rates by 20 bps; check new interest rates, other details

FinanceLane
by FinanceLane
Advisory

Altcoins to watch now: Three crypto tokens with the potential to soar

FinanceLane
by FinanceLane
Advisory

Latest Senior Citizen Savings Scheme interest rate: What is the post office SCSS rate for April- June 2025 quarter?

FinanceLane
by FinanceLane
Bitcoin

Core Scientific Joins Arkham’s Blockchain Intelligence Platform

Blockchain
by Blockchain
Blockchain News

NVIDIA NeMo Curator Enhances Video Processing on DGX Cloud

Blockchain
by Blockchain
Advisory

RuPay cards offers upto Rs 3000 cashback on shopping in foreign countries till this date

FinanceLane
by FinanceLane
Advisory

Aadhaar Services: Now get Aadhaar services through AI-Powered voice Interactions, fraud detection, and multilingual support

FinanceLane
by FinanceLane
Blockchain News

NVIDIA and Meta’s PyTorch Team Enhance Federated Learning for Mobile Devices

Blockchain
by Blockchain
Blockchain

Cronos (CRO) Launches Groundbreaking Prepaid Card Crypto Transfer Service

Blockchain
by Blockchain
Load More
FinanceLane.com
  • Disclaimer
  • Privacy Policy
  • Terms of use
  • Subscribe
  • Contact

Subscribe to get the latest updates

Follow us on

© 2022 FinanceLane.com. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Home
  • Funding
    • Equity Funding
    • Debt Funding
    • Real Estate Funding
    • Crowdfunding
  • Investing
    • Stocks
    • Bonds
    • Mutual Funds
    • Private Equity
    • Merging & Acquisition
    • Real Estate
  • Lending
    • Personal Loan
    • Business Loan
    • Credit Card
    • Microfinance
    • Peer-to-Peer Lending
  • Insurance
    • Life Insurance
    • Auto Insurance
    • Education Insurance
    • Health Insurance
  • Banking
    • Business Banking
    • Payments Bank
    • Investment Banking
    • Individual Banking
  • Wealth
    • Earning
    • Savings
    • Investments
    • Budgeting
    • Credit Management
    • Tax Planning
    • Retirement
  • Fintech
    • Alternative Financing
    • Payments
    • Asset Management
    • Digital Banks
    • Softwares
  • Fintech
    • Alternative Financing
    • Asset Management
    • Digital Banks
    • Softwares
    • Payments
  • Crypto
    • Crypto Investing
    • Crypto Trading
    • Crypto Coins
    • Bitcoin
    • Blockchain
    • DAPP
  • Subscribe
  • Contact
  • Login

© 2022 FinanceLane - Terms and Conditions | Disclaimer | Privacy Policy

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.