IOTA has been recognized as the only cryptocurrency named in an official Chinese government document issued by the city of Kashgar, suggesting their interest in using it for public projects.
The document from Kashgar highlights technology priorities for 2025, such as AI, IoT, and blockchain, indicating a potential role for IOTA in building smart tourism infrastructure due to its energy-efficient protocol.
IOTA has demonstrated real-world use cases, including participating in the creation of a global standard for Digital Product Passports, and launching an open-source Notarization Toolkit for various industries.
Despite recent market performance showing fluctuations in price and trading volume, IOTA has reached a milestone of 100,000,000 transaction blocks on their Mainnet, with strong community engagement and active network usage.