JasmyCoin (JASMY) is a cryptocurrency project developed by Jasmy Corporation, a Tokyo-based Internet of Things (IoT) provider. The Jasmy platform strives to restore and protect individual data sovereignty by integrating IoT technology with blockchain technology. This allows users to have full control over their personal information. The primary objective of JasmyCoin is to create an environment where users can exchange data between IoT devices and decentralized protocols in a trustless manner. The JasmyCoin token, an ERC-20 token, powers the Jasmy platform and plays a crucial role in building the entire Jasmy ecosystem.

JasmyCoin operates by decentralizing the workflow with edge computing and storing data on the InterPlanetary File System (IPFS). The platform's philosophy is based on the democratization of data using a decentralized model, where data is securely protected and owned by an owner. Service providers can promote their services using data owned by users. User data is kept in a secure storage of personal data. The Jasmy network uses IPFS technology, which consists of the Security Knowledge Communicator (SKC) and Smart Defender. To activate SKC, users need to go through the registration and identity verification stage, after which they can track transactions and manage data.

JasmyCoin seeks to address several challenges in the digital age. The Jasmy platform aims to ensure its customers' confidentiality and gives them the right to manage their own personal data. Users can send information via IoT devices to companies in exchange for services in a secure manner. Jasmy also offers a data processing policy in which the information-gathering of customers is carried out properly, excluding information leakage. The Jasmy network ensures a decentralized infrastructure where data management is built on security and trust. JasmyCoin is the primary currency of the Jasmy network, and one of the main uses of the token is to compensate for personal data from IoT devices. Customers can use JASMY to purchase products on the platform, as well as to protect information.

Jasmy was founded in April 2016 in Tokyo by several former Sony executives. In October 2021, JasmyCoin (JASMY) was launched in 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 aims to fully comply with the legal requirements of Japanese legislation, which regulates transactions with cryptocurrencies and is subject to financial audits.

Recognizing the potential of the metaverse, Jasmy aims to facilitate users in managing their data in this new technological trend. The platform is developing a decentralized storage solution suitable for metaverse applications, allowing for direct bridges for data exchange between these applications. Jasmy's technology features include metadata storage, identity ID, immersive games worlds, and IoT devices and equipment. The platform utilizes its metaverse token, JasmyCoin (JASMY), as a non-monetary incentive within the Jasmy ecosystem. Jasmy aims to offer improvements within the metaverse through these services and features.

JasmyCoin (JASMY) is the native token of the Jasmy platform. The JASMY token is built on the Ethereum ecosystem and is an ERC-20 token. It is used by companies that wish to access users' data stored on the platform. The token may also be used by users for governance and metaverse utility. According to data provided by CoinMarketCap, JASMY has a maximum and total supply of 50 billion coins, indicating a finite supply. The token has a circulating supply and market capitalization that are subject to change. The distribution of JASMY tokens among holders varies.

Jasmy strives to ensure data security and privacy through a blend of technologies and strategies. The use of blockchain technology is central to Jasmy's approach, serving as a platform for storing and transferring data. Jasmy also employs a set of privacy technologies with the intention of protecting user data. These include encryption, which aims to protect user data by ensuring it can be read only by authorized users, anonymization, which seeks to prevent the identification of individual users, and tokenization, which is used for the utilization of user data. Jasmy also makes use of a Personal Data Locker (PDL), a decentralized storage solution that allows users to manage their own data. In addition, Jasmy's Secure Knowledge Communicator (SKC) and Smart Guardian (SG) services aim to enable control, management, and traceability of personal data and registration of IoT devices on the distributed network.

The platform intends to focus on areas such as improving its data protection features, increasing its user base, and exploring collaborations with other technology companies. However, it's important to note that these developments are subject to change and depend on various factors, including market trends and technological advancements.

Jasmy strives to create a system where individuals have control over their personal data. To this end, Jasmy has developed solutions such as the Personal Data Locker (PDL) and the Secure Knowledge Communicator (SKC). The PDL is designed for users to store their data, while the SKC enables users to control, manage, and trace their personal data. Jasmy's platform includes an incentive system, where users can receive non-monetary incentives from data transactions.

Jasmy aims to provide a platform that merges the capabilities of Internet of Things (IoT) technology with the structured and transparent nature of blockchain. This approach presents several aspects for developers and businesses to consider. Jasmy champions data sovereignty, enabling businesses to align with a platform that emphasizes user control over their data, potentially influencing customer perceptions. The integration of IoT and blockchain technologies by Jasmy provides a structured environment for data exchange, mitigating risks associated with data breaches. Jasmy strives to create a trustless environment for data exchange between IoT devices and decentralized protocols, potentially giving businesses access to valuable data sources and innovative applications in the IoT space. Jasmy provides a framework that allows users to utilize their data ethically, presenting opportunities for businesses to utilize data in a manner that respects user privacy. Jasmy employs decentralized data storage solutions, addressing data resilience and availability, and reducing risks associated with data loss and downtime.