A new solution for the global supply chain, known as the Virtual Watch Tower (VWT), is in the pipeline, creating a decentralized global community that seamlessly shares data to improve the ecosystem.
The TLIP community, founded by the IOTA Foundation and Trademark Africa, is the first responder and aims to integrate its solutions into the upcoming global decentralized database.
Despite massive technological advances, the global supply chain and logistics industry has lagged behind, with most processes being opaque, siloed and paper-based. This is all set to change with the advent of a new decentralized solution, and the IOTA Foundation will be one of the initial contributors to this sustainable supply chain solution.
Known as the Virtual WatchTower Network, or VWTnet, the new initiative aims to create an ever-growing global community that contributes to a digital solution. It seeks to foster public and private data-driven analytics and collaboration across all the global supply chain n

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