IOTA has launched a new trust framework designed to facilitate cross-industry data verification and asset exchange. This modular system integrates tools for identity, hierarchy, notarization, gas handling, and tokenization, aiming to support a wide range of applications. Developed over a decade with industry partners, the framework addresses challenges in identity verification and data integrity, offering open-source components for free use.
The framework includes five modules: IOTA Identity, IOTA Hierarchy, IOTA Notarization, IOTA Gas Station, and IOTA Tokenization. These modules can be used individually or together to manage identities, access, data tagging, transaction protection, and digital asset creation. IOTA's system supports applications such as product tracking, RWA tokenization, and digital identity, promoting Web3 integration with existing business systems.
IOTA Unveils Comprehensive Trust Framework for Digital Asset Verification
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