JASMY/USD: Convert Jasmy (JASMY) to United States Dollar (USD)

Jasmy (JASMY) is a Tokyo-based cryptocurrency project that aims to protect and restore the sovereignty of individual data. Developed by Jasmy Corporation, an Internet of Things (IoT) provider, Jasmy combines IoT technology with blockchain technology to give users full control over their personal information. The Jasmy platform connects service providers and data users, facilitating the exchange of data in a trustless manner between IoT devices and decentralized protocols. The JasmyCoin (JASMY) is an ERC-20 token that powers the Jasmy platform and plays a crucial role in building the entire Jasmy ecosystem.

Jasmy works by decentralizing the workflow with edge computing and storing data on the InterPlanetary File System (IPFS). The platform aims to create an environment where users can easily, safely, and smoothly use data. Users' data is kept in a secure storage of personal data, and to activate the Security Knowledge Communicator (SKC), users need to go through the registration and identity verification stage. After this stage, companies receive permission to use the personal information of the owners. The Jasmy network uses IPFS technology, which consists of the SKC and Smart Defender, ensuring a decentralized infrastructure where data management is built on security and trust.

Jasmy aims to establish a secure environment where users can exchange data in a trustless manner between IoT devices and decentralized protocols. The platform seeks to provide its users with a powerful infrastructure, an intuitive interface, and a secure environment for storing and sharing data. JasmyCoin (JASMY) is used to pay for personal data from IoT devices. Customers can use JASMY to purchase products on the platform, as well as to protect information. The platform guarantees the safety and control of data, ensuring the security of shared data using encryption, which acts as a double layer of protection.

Jasmy was founded in April 2016 in Tokyo by several former Sony executives. In October 2021, JasmyCoin (JASMY) was launched on the Japanese exchange BITPoint Japan. The project has partnered with major players in the digital industry, including Transcosmos, Panasonic, and VAIO. The JASMY smart contract was deployed on Ethereum in December 2019, and later was audited by SlowMist, a blockchain security firm. JasmyCoin is a Japanese cryptocurrency that fully complies with the legal requirements of Japanese legislation, which strictly regulates transactions with cryptocurrencies and is subject to all kinds of financial audits.