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About JasmyCoin
-
Founders:
Kunitake Ando, Kazumasa Sato, Masanobu Yoshida, and Hiroshi Harada -
Launch Date:
October 2021 -
Token Type:
ERC-20 -
Total Supply:
50B coins -
Circulating Supply:
4.75B coins (as of May 2022) -
Token Distribution:
48% to ecosystem fund, 27% to investors, 20% to contributors and community, 5% to incentives program</
Introducing JasmyCoin: Empowering the Internet of Things
Introducing JasmyCoin (JASMY): A Revolutionary Cryptocurrency
JasmyCoin (JASMY) is a cryptocurrency project spearheaded by Jasmy Corporation, a Tokyo-based pioneer in the Internet of Things (IoT) realm. At its core, the IoT ecosystem comprises mechanical and digital entities imbued with unique identifiers and the capacity to transmit data. As a specialist in data brokerage, Jasmy Corporation’s platform seamlessly connects two distinct categories: service providers and data users, facilitating a seamless exchange of information.
The Jasmy platform was designed to reclaim and safeguard individual data sovereignty by synergistically integrating IoT technology with blockchain innovation, thereby empowering users with absolute autonomy over their personal information. The overarching objective of the project is to establish a secure ecosystem on the platform, facilitating trustless data exchange between IoT devices (computers, cars, phones) and decentralized protocols.
The mission of Jasmy’s developers is to craft an ecosystem that empowers users to harness their data with ease, security, and seamless efficiency. By doing so, Jasmy strives to provide a robust infrastructure, an intuitive interface, and a secure environment where users can confidently store and share their data, ultimately transforming information into valuable personal assets.
Jasmy pioneers a decentralized workflow paradigm, leveraging edge computing and IPFS (InterPlanetary File System) for data storage. The project’s underlying philosophy revolves around democratizing data through a decentralized model, wherein data remains securely protected and owned by its rightful proprietor, while service providers are empowered to promote their services and businesses utilizing user-owned data.
The Visionaries Behind JasmyCoin: Unveiling the Founding Team
In April 2016, Jasmy was established in Tokyo by a group of visionary executives, including Kunitake Ando (Representative Director of Jasmy and former President and COO of Sony Corporation), Kazumasa Sato (President and COO at Jasmy and former CEO of Sony Style.com Japan Inc.), Masanobu Yoshida (Deputy President and CTO at Jasmy, who retired in December 2021), and Hiroshi Harada (CFO at Jasmy and former Executive Financial Analyst at KPMG).
In October 2021, JasmyCoin (JASMY) made its debut on the prominent Japanese exchange, BITPoint Japan. As an ERC-20 token, $JASMY serves as the primary utility token, driving the Jasmy platform and playing a pivotal role in shaping the entire Jasmy ecosystem.
The project has forged strategic partnerships with prominent players in the digital landscape, including esteemed entities such as Transcosmos, Panasonic, and VAIO.
Unveiling the Unparalleled Attributes of JasmyCoin
In the digital era, Jasmy is poised to tackle the following pivotal challenges:
The Jasmy platform ensures the confidentiality of its customers’ personal data, empowering them to exercise control over their own information. Through Jasmy, users can securely transmit data via IoT devices to companies in exchange for services, fostering a trusted and protected environment.
Jasmy implements a stringent data processing policy, ensuring that customer information is collected and handled with utmost care, thereby preventing any potential data breaches or leaks.
The Jasmy network establishes a decentralized infrastructure, predicated on a foundation of robust security and unwavering trust, where data management is paramount.
Thus, the JasmyCoin project strives to uphold the paramount level of market safety and security, while the proactive integration of IoT devices significantly contributes to mitigating fraudulent activities.
How it works: User data is safeguarded in a secure repository of personal information. The Jasmy network leverages IPFS (InterPlanetary File System) technology, comprising the Security Knowledge Communicator (SKC) and Smart Defender. To activate SKC, users must undergo a registration and identity verification process, thereby enabling the tracking and management of transactions and data. Subsequently, investors and companies are granted permission to utilize the personal information of the owners. Furthermore, the Smart Guardian (SG) service ensures the secure registration of IoT devices.
What Is the Circulating Supply of JasmyCoin (JASMY)?
JasmyCoin (JASMY) is a utility token that serves as the linchpin of the network, deployed on the Ethereum blockchain and functioning as an ERC-20 token, thereby ensuring seamless operations.
JasmyCoin is the exclusive currency of the Jasmy network, and its primary utility lies in facilitating the purchase of personal data from IoT devices. Customers can utilize JASMY to acquire products on the platform, as well as to safeguard sensitive information. Furthermore, JasmyCoin grants users unrestricted access to any data stored within the network.
JasmyCoin boasts a capped supply of 50 billion coins, with 4.75 billion $JASMY currently in circulation, as of May 2022. The total supply of JASMY is allocated as follows: 48% is reserved for the ecosystem fund, 27% is allocated to investors, 20% is dedicated to contributors and the community, and 5% is earmarked for an incentives program.
Notably, JASMY opted out of the traditional initial coin offering (ICO) route, diverging from the conventional fundraising path.
The JasmyCoin Network’s Robust Security Mechanisms
The JASMY smart contract was successfully deployed on the Ethereum network in December 2019, and subsequently underwent a rigorous audit by SlowMist, a reputable blockchain security firm specializing in cybersecurity auditing and protection for digital assets, prominent exchanges, and crypto wallets; the corresponding certificate can be accessed
here
.
JasmyCoin, a Japanese cryptocurrency, is fully compliant with the stringent legal requirements of Japanese legislation, which imposes rigorous regulations on cryptocurrency transactions and is subject to meticulous financial audits. As a legally registered platform, Jasmy assumes a role akin to shares or securities, thereby rendering it liable in the event of investor and user losses. In the case of non-compliance, Japanese law may revoke its license and hold it accountable for any violations.
Where to Acquire JasmyCoin (JASMY): A Comprehensive Guide
As of May 2022, JasmyCoin (JASMY) has been listed on a multitude of reputable cryptocurrency exchanges, making it readily available for purchase on prominent platforms such as Huobi Global, Binance, Coinbase Exchange, Gate.io, KuCoin, Bitfinex, Bybit, Bittrex, Kraken, Binance TR, LBank, MEXC, ZB.COM, Crypto.com Exchange, Phemex, Uniswap (V3), Tokocrypto, WazirX, Deepcoin, Bitrue, XT.COM, BTCEX, CoinEx, CEX.IO, Pionex, BKEX, Hoo, Bitget, BitForex, Nominex, CoinTiger, LATOKEN, Hotcoin Global, Billance, Mandala Exchange, BingX, Decoin, Hotbit, Jubi, and DigiFinex.
Stay up-to-date with real-time JasmyCoin prices by downloading the CoinMarketCap mobile app.
Seeking to convert the current JasmyCoin price to your preferred fiat currency? Look no further than CoinMarketCap’s exchange rate calculator, your one-stop solution.
The Jasmy Project: Unlocking a Multitude of Advantages
The platform ensures the utmost security and autonomy of data, safeguarding its integrity and confidentiality.
The system ensures the security of shared data by employing encryption, thereby providing a robust, dual-layered safeguard against potential breaches.
Jasmy fosters a democratic decision-making ecosystem within a decentralized society, empowering collective governance and community-driven consensus.
Within the Jasmy ecosystem, a diverse range of users – including companies, organizations, and individuals – can leverage data to drive innovation, create value, and contribute meaningfully.
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