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    IOTA Taps Six Trade Veterans for TWIN Advisory Board

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    Timothy Morano
    Feb 19, 2026 15:00

    IOTA Foundation forms Expert Advisory Board with customs and logistics leaders to guide TWIN trade infrastructure development, focusing on UK operations.





    The IOTA Foundation has assembled a six-member Expert Advisory Board to steer development of its Trade Worldwide Information Network (TWIN), recruiting senior figures from customs, logistics, and trade policy to ensure the blockchain-based infrastructure actually works in real-world shipping environments.

    The board brings combined experience exceeding 150 years across international trade operations. Mark Johnson, who advised the UK government during Brexit negotiations and spent decades at logistics giant Kuehne+Nagel, joins alongside John Lucy, founder of John Lucy International and board member at both the Road Haulage Association and World Free Zones Organisation.

    Dr. Anna Jerzewska rounds out the policy expertise. She serves as customs rapporteur for EuroCommerce and sits on the Windsor Framework Independent Monitoring Panel—directly relevant given TWIN’s UK focus and post-Brexit trade complexities.

    Why This Matters for TWIN

    TWIN launched through its own foundation in May 2025 at the AfCFTA Digital Trade Forum in Zambia. The initiative targets a massive inefficiency: the World Economic Forum estimates digital trade facilitation could slash global trade costs by 25%. That’s the prize IOTA is chasing.

    The platform already has live implementations. The Trade and Logistics Information Pipeline (TLIP) operates in East Africa, and UK Cabinet Office border trade demonstrations have tested the technology. But scaling from pilots to production requires navigating customs regulations, port systems, and government compliance frameworks—exactly where the new advisors operate daily.

    Daniel Shelcot brings 17 years at Maritime Cargo Processing running border compliance systems. Gavin Johnson designed temperature-controlled logistics tracking at Mobius Technology. Sangeeta Khorana has advised governments on free trade agreements for over two decades.

    The UK Angle

    IOTA specifically noted the board will focus on UK trade operations. Post-Brexit Britain faces unique customs friction with its largest trading partner, making it both a testing ground and potential showcase for digital trade infrastructure. Several board members maintain active UK government relationships that could accelerate regulatory acceptance.

    The foundation emphasized all advisors participate in personal capacity—their employers haven’t endorsed TWIN. That’s standard legal language, but it also signals these aren’t corporate partnerships. IOTA is buying expertise, not logos.

    A TWIN whitepaper dropped earlier this month alongside new partnership announcements. With advisory infrastructure now in place, the next milestone to watch is whether IOTA can convert pilot projects into sustained commercial deployments before competitors in the blockchain trade space gain ground.

    Image source: Shutterstock


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    Voltage Unveils USD Credit Line Over Bitcoin Rails

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    Bitcoin infrastructure company Voltage has announced the launch of Voltage Credit, a programmatic revolving line of credit designed to let businesses send payments with Lightning-style instant finality while still repaying the credit line in US dollars from a standard bank account or in Bitcoin.

    In a Thursday release shared with Cointelegraph, the company, which provides enterprise-grade solutions for regulated businesses, said it was targeting chief financial officers and treasurers who wanted “send now, pay later” flexibility on the fastest payment rails available, without having to hold crypto on their balance sheet.

    Rather than positioning it as just another Lightning-backed loan, Voltage pitched the product as an embedded piece of the payment flow, and the “first revolving line of credit that delivers instant payment finality and the capability to settle entirely in USD.”

    CEO Graham Krizek told Cointelegraph that while players like Stripe and Block blended faster payments with working capital, they didn’t embed a revolving credit facility directly into Lightning payments in the way Voltage does, adding that Stripe did not support Lightning at all.

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    In the Block model, he said, Lightning and credit remain separate workflows, whereas Voltage lets businesses originate credit and immediately use it to send or receive Lightning and stablecoin payments in real time, without pre-funding or manual treasury movements.

    Underwriting against payment flows, not static BTC collateral

    Voltage said it departs from traditional crypto lending by underwriting against payment flows rather than static Bitcoin (BTC) collateral. 

    Because Voltage already powers the underlying Bitcoin and Lightning infrastructure, it can size and adjust credit limits based on the volume a business processes through its platform. 

    “Voltage Credit is the lender of record in our platform,” Krizek said, noting that the company originated all loans itself and was not relying on a bank, card network or third-party fintech to fund the lines.

    Krizek said the platform carries a 12% annual percentage yield (APY) that accrues daily on outstanding balances, with a flat platform fee design intended to avoid transaction-based pricing that gets more expensive as volumes scale. 

    Related: Inside the Swiss city where you can pay for almost everything in Bitcoin

    He said that revolving lines of credit themselves are not new, but what is new is bringing that “familiar financial construct” into an environment where Bitcoin and Lightning move money instantly and globally.

    “We are effectively modernizing the revolving credit model so it operates at internet speed, rather than at the pace of legacy banking and card networks,” he said.

    From $1 million pilot to institutional Lightning rails

    The launch builds on Voltage’s recent role supporting a $1 million Lightning Network payment between Secure Digital Markets and Kraken on Feb. 5, a pilot that was framed as the biggest publicly reported transaction on the network. 

    Krizek said that episode was meant to test Lightning’s suitability for institutional-sized flows and that the network “is capable of handling massive payment volumes and is ready for institutional-scale use.”

    $1 million in a single Lightning transaction. Source: SDM

    Voltage Credit is initially available to qualified US‑headquartered businesses, Krizek said, saying the company can currently serve all US states except California, Nevada, North Dakota, Vermont and Washington, D.C., as a registered commercial lender. 

    Early traction, he added, has come from exchanges, Bitcoin miners, gaming platforms and payment processors looking to reduce idle working capital, avoid forced BTC liquidations and bridge Bitcoin‑denominated revenue with US dollar‑denominated expenses without relying on unpredictable off‑ramps.

    The Lightning Network reached an all-time capacity high in December 2025 of 5,606 BTC amid increased adoption from major crypto exchanges and functionality improvements. Demand has stalled somewhat since then, falling to 5,121 BTC as of Monday.

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