Is there still $33 trillion worth of goods in global trade relying on manual order filling? Sounds overwhelming.

Every year, 4 billion paper documents circulate back and forth in customs, logistics, and finance, making efficiency so low that it makes you want to smash your keyboard. This is not a trivial issue—what is stuck is the cash flow of real money.

The TWIN project is digitizing this outdated system using IOTA technology. It has already been rolled out in Africa, the UK, and Europe, and the World Economic Forum has endorsed it. The most direct effect? Costs are cut by 25%.

The underlying technology uses the IOTA L1 mainnet based on the Move language. It's not just PPT fantasizing; it's genuinely running in the real economy.

The traditional field of supply chain finance, which couldn't be more traditional, has finally started to be tackled by blockchain. In the RWA track, there have been many projects that only shout slogans over the past two years, but very few have truly landed to solve problems. IOTA's recent move can be considered a solid answer.

Starting from the digitization of trade documents, there is actually quite a large space for expansion afterwards—warehouse receipts, bills of lading, and letters of credit can all be moved onto the chain. The Move virtual machine indeed has advantages in scenarios that require high concurrency, and it is much more flexible than the EVM.

Real large-scale applications may be polished out like this, relying not on hype but on solving real problems.