Blockchain
IOTA’s TLIP Revolutionizes UK-EU Trade Post-Brexit: Enhancing Efficiency and Compliance
The UK’s exit from the EU, often referred to as Brexit, has sparked considerable discussion, with studies indicating that it costs the UK $126 billion annually and even led to former Prime Minister David Cameron losing his job. Despite the turmoil, Brexit has created opportunities, one of which is for the UK to establish one of the world’s most advanced digital trade borders. One such solution at the forefront of this development is the Trade and Logistics Information Pipeline (TLIP), which utilizes IOTA technology.
TLIP is a digital infrastructure designed to enable seamless, cost-effective, and real-time data sharing among various participants in global supply chains. It is already being utilized in various sectors, including sustainable supply chain solutions through the Virtual Watch Tower, trade finance solutions, and maritime transformation in collaboration with the EU, as reported by Crypto News Flash.
Post-Brexit, TLIP has become instrumental in facilitating UK-EU trade, reducing costs, improving processes, and saving significant time that would otherwise be spent on slow and inefficient procedures. The UK-EU trade route is substantial and highly profitable, with the UK importing goods worth over $570 billion last year. However, Brexit has subjected the UK to increased border control measures, leading to longer delivery times and higher costs.
TLIP addresses these challenges through its digital infrastructure built on IOTA, enabling real-time data exchange among users, including government agencies. A notable application of TLIP is in the transport of poultry from Poland to the UK. Managed by Mobius Technology and the Institute of Export & International Trade, this initiative aims to expedite the clearance process at the border by sending shipment details, such as timing, routes, and expected arrival times, to border agencies in advance.
According to a blog post by the IOTA Foundation, TLIP acts as a “digital pipeline” that gathers and shares consignment and transport information with authorized stakeholders, offering benefits like interoperability and trust. This pilot program, which runs until the end of September, involves six consignments of poultry daily and aims to establish the first commercial EU-UK road freight platform.
Jens Munch Lund-Nielsen, Head of Global Trade & Supply Chains at IOTA Foundation, commented, “By cutting through the complex web of international trade logistics, TLIP not only enhances operational efficiencies but also provides access to trusted supply chain data to support and even automate checks on compliance with evolving standards and regulations.”
Currently, IOTA trades at $0.1699, with a marginal gain over the past day, bringing its total market cap to $565 million.
Source: crypto-news-flash.com
The post IOTA’s TLIP Revolutionizes UK-EU Trade Post-Brexit: Enhancing Efficiency and Compliance appeared first on HIPTHER Alerts.
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
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