IOTA, with its associated cryptocurrency MIOTA, positions itself as a secure and high-performance communication and payment medium for the Internet of Things (IoT). According to studies, more and more devices in our environment are becoming smart and can connect to the internet. Take cars, for example: not only are new luxury vehicles online, but even compact cars are already connected. This is where IOTA comes in. In this article, we’ll explain how IOTA works, what changed with the Rebased upgrade in 2025, and what the current state of the project looks like.<\/p>\n
The vision of IOTA: To enable all transactions between devices in the Internet of Things. Increasing automation means we need tools and methods for networking so these devices can communicate with each other.<\/p>\n
IOTA was founded in 2015 and launched in 2016. Behind the project is the IOTA Foundation<\/a>, based in Berlin and led by Dominik Schiener. Technologically, IOTA differs fundamentally from other cryptocurrencies<\/a>. Instead of a classic blockchain<\/a>, the system has used the so-called Tangle from the start.<\/p>\n From the beginning, the company focused on collaboration with consortia and established large corporations. These include major players like German technology giant Bosch, the world’s largest automaker Volkswagen, and Japanese multinational Fujitsu. With these partnerships, the focus was always on economic viability and practical value. This ensures that use cases, unlike with some other cryptocurrencies, are always real.<\/p>\n In May 2025, IOTA underwent the most profound transformation in the network’s history with the Rebased upgrade. More on that below.<\/p>\n