JasmyCoin (JASMY) is a cryptocurrency associated with the Jasmy blockchain platform, facilitating decentralized finance (DeFi) applications and services.
JasmyCoin (JASMY) emerges as a cryptocurrency initiative by Tokyo-based IoT provider, Jasmy Corporation, specializing in Internet of Things solutions. At its core, IoT integrates mechanical and digital components equipped with identifiers to transmit data. Jasmy focuses on data trading, linking service providers with data users through its platform.
The Jasmy platform integrates IoT and blockchain technologies to empower users with control over their personal data, aiming to restore and safeguard data sovereignty. This initiative strives to establish a secure environment where IoT devices like computers, cars, and phones can autonomously and trustlessly exchange data via decentralized protocols.
Jasmy's mission is centered on creating a user-friendly infrastructure that prioritizes data security and seamless usability. By leveraging edge computing and storing data on IPFS (InterPlanetary File System), Jasmy decentralizes workflows, enabling data to be securely owned by users while service providers leverage this data to enhance their businesses. This approach democratizes data usage, transforming information into personal assets within a secure and decentralized framework.