What is JasmyCoin (JASMY)?

Deep Dive

1. Purpose & Value Proposition

Jasmy addresses data privacy concerns in the IoT era by enabling users to securely manage and monetize their personal information. Its platform allows individuals to retain ownership of data generated by devices (e.g., smartphones, cars) while letting businesses access it transparently. This “data democracy” model aims to reduce fraud and leakage risks prevalent in centralized systems (Jasmy Corporation).

2. Technology & Architecture

The platform combines edge computing (processing data near its source) and IPFS (InterPlanetary File System) for decentralized storage. Key components include:
- Secure Knowledge Communicator (SKC): Authenticates users and tracks data access.
- Smart Guardian: Securely registers IoT devices to user identities.
This architecture ensures data remains encrypted and accessible only with explicit user consent.

3. Tokenomics & Governance

JASMY is an ERC-20 token with a fixed supply of 50 billion. Its distribution includes:
- 48% for ecosystem development
- 27% to investors
- 20% to contributors
The token facilitates payments for data transactions, service fees, and rewards within the Jasmy network.

Conclusion

JasmyCoin reimagines data ownership through IoT-blockchain synergy, prioritizing user control and enterprise collaboration. As privacy concerns grow globally, can its Japan-rooted regulatory compliance and partnerships drive broader adoption in healthcare, smart cities, and beyond?