Dutch || Creator of the #Munkii 🐒

Looks like $IOTA is REALLY achieving government adoption in Abu Dhabi! In Q4 2023 we saw IOTA expand their foundation into Abu Dhabi via a partnership with their Global Markets Authority. Then earlier this year we also saw them collaborate with Trademark Africa for tokenized assets in trade finance for both Africa & UAE. Now we're seeing this progress to IOTA directly showcasing RWAs at a UAE ministry backed showcase! IOTA has really took a turn for the better as of lately ranging from advancing to the EU PCP final phase, to government collaboration & even just recently opening up an APAC accelerator in Singapore! The event, Aim Congress 2024 includes sponsors from: • Abu Dhabi Ministry of Investment • UAE International Investor Council • Saud Bahwan Group • Moroccan Investment & Export Agency • Abu Dhabi Securities Exchange With so many large government & private sector entities, IOTA is really beginning to become a leader across UAE!

Been looking in the $IOTA ecosystem more lately. The progress in the past few months been HUGE for Enterprise DLT. From establishing in Abu Dhabi to building trade solutions in Africa with WEF. They're one to watch for the long term. The network architectures quite unique in itself through the Tangle's ability for transactions to verify other transactions on the network. Simply put, each transaction validates 2 other transactions that are sent. Thus creating an endless chain of trust. As the only way for your transaction to go through is by verifying the 2 other transactions in the chain. The biggest benefit to this model is that it's feeless & provides a Network Effect where the more transactions are submitted, the more transactions are verified by one another. In terms of use and adoption, we've seen IOTA connect with government entities & F500s alike. What's most interesting is how they've worked with 3 governments in 3 different jurisdictions. 90% of DLTs struggle with ANY form of government adoption on the network at all. Yet IOTA's captured 3 different ones: UAE: IOTA Foundation regulated by ADGM and given green light to operate in UAE to collaborate on trade innovations in the region. Africa: TLIP is built by Trademark Africa & WEF on IOTA. TM Africa is also funded by 8+ G20 nations along with the Bill & Melinda Gates Foundation. EU: IOTA is one of few names that have made it to the final testing phase of the EBSI's test for blockchain in commercial use before live production. To top it off, they're also a founding member of INATBA & contributors to some of the core working groups. As we know INATBA is the bridge between private and public DLT innovations for regulators and builders, which is especially apparent in EU regions. Along with this we've also seen private sector involvement from huge names in the world of tech and institutional digital assets. Dell: Building real time carbon footprint solution IBM: References IOTA in M2M comm patent Fireblocks: ShimmerEVM for tokenized assets In fact, last week we saw the newly launched IOTA Foundation in Abu Dhabi allocate $10 Mil to accelerate tokenization & digital trade innovations on IOTA! It seems IOTA's matured vastly🌊