IOTA Expands Focus on Real-World Assets
IOTA has shown significant interest in bringing critical minerals on-chain to expand its Real World Assets (RWA) focus, as disclosed by IOTA ambassador MoonBaklava.
This development is a response to the recent deal between the US and Japan to secure the supply of critical minerals, aiming to support domestic industries.
- The deal includes the use of policy tools, such as financial support mechanisms and trade measures.
- It also encompasses provisions for fair competition and pricing mechanisms.
The whole idea is to capitalize on the recent deal sealed by the US and Japan to secure the supply of critical minerals.
IOTA's move is expected to further integrate critical minerals into the blockchain, enhancing the security and transparency of their supply chain.
Author's summary: IOTA expands its Real World Assets focus.