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- IOTA’s co-founder has stated on Telegram that the project is gearing up to deploy its TWIN platform across the African continent.
- TWIN is designed to transform trade by introducing self-sovereign digital identities, asset tokenization, and on-chain financing solutions.
Salima, a passionate tech and crypto enthusiast, recently highlighted some exciting developments within the IOTA community. A user asked during a Telegram discussion whether TWIN, the Trade Worldwide Information Network, could realistically scale across the entire African Continental Free Trade Area (AfCFTA), which represents 1.4 billion people, three times the size of the EU.
The user stated, “Nigeria just dropped a roadmap to upgrade customs and trade with tech, fully aligning with AfCFTA’s goals. This could be huge.”
In response, IOTA co-founder Dominik Schiener shared that the team is deeply committed to expanding IOTA’s footprint across Africa. He emphasized that they’re actively working toward it and recognize the continent’s vast potential, both in terms of scale and meaningful impact. He added, “More will be shared once it’s done and signed.”
What Makes TWIN Ideal
For context, TWIN is an open-source digital trade infrastructure governed by a neutral nonprofit. It’s developed in collaboration with influential partners like the World Economic Forum, Tony Blair Institute for Global Change, TradeMark Africa, Global Alliance for Trade Facilitation, and others.
The goal is to modernize trade with tools like digital IDs, tokenized assets, and on-chain finance, laying the groundwork for trusted, low-cost digital trade systems across the continent.
Last month, Dominik Schiener stated that he believes the secret to building a company that lasts is simple: focus on solving a specific problem, create meaningful projects, and deliver solutions to real customers. That mindset reflects IOTA’s approach and its success so far.
In the context of Africa, where the African Continental Free Trade Area (AfCFTA) is working to create a single market across 54 countries, IOTA’s TWIN initiative is stepping in to modernize how trade works.
TWIN replaces outdated physical trade documents with secure digital versions, using an open-source infrastructure designed to handle customs forms, invoices, and other paperwork in a fraction of the time.
As Crypto News Flash has explained before, this system addresses one of Africa’s biggest trade challenges, verifying businesses and individuals, while cutting out intermediaries, speeding up processing, and improving cooperation between different agencies.
Logistics and customs costs, historically high across the continent, can be reduced dramatically. Reports from June 2025 suggest IOTA’s technology has the potential to lower global transaction costs by as much as 80%.
All of this is powered by IOTA’s unique feeless distributed ledger, known as the Tangle, which provides the backbone for secure, efficient, and low-cost digital trade infrastructure, an ideal fit for Africa’s growing need for trusted, scalable solutions.
According to DeFiLlama data, IOTA’s DeFi ecosystem currently holds $17.53 million in Total Value Locked (TVL), this after a 4.87% increase over the past 24 hours.
Despite these positive numbers in its DeFi space, IOTA’s price continues to face challenges. IOTA has dropped 0.56% in the last 24 hours and another 12.43% in the past 7 days to be priced at $0.219.
Jonathan Carter commented on this with an X post. He said that IOTA is currently retesting a descending triangle pattern on the daily chart, bouncing off the descending resistance and the 100-day moving average. He added that a successful breakout could trigger a bullish rally with price targets at $0.255, $0.3155, and $0.415.
