Empowering data ownership in the IoT era
Jasmy (JASMY) is a utility token powering the Jasmy platform, a Japanese project that combines IoT (Internet of Things) with blockchain to give users control over their personal data. By decentralizing data management, Jasmy allows individuals to store, protect, and monetize their own information securely. Now, JASMY is available for buying and selling on Bitso.
What is Jasmy?
Jasmy is a decentralized IoT platform that enables users to manage their personal data independently without relying on centralized servers. It uses blockchain and IPFS to store and transfer data securely while ensuring privacy. Companies can use the platform to access user data only with permission, creating a fairer and more secure data economy.
What makes JASMY unique?
Jasmy stands out for focusing on data democratization. Unlike many blockchain projects, it directly addresses privacy concerns by giving users ownership of their IoT data. This approach has positioned Jasmy as a pioneer in Japan’s Web3 landscape, with potential applications in sectors like healthcare, supply chain, and smart devices.
A closer look at the founders
Jasmy was founded by Kazumasa Sato, former president of Sony Style, and Hiroshi Harada, an expert in IoT and digital security. Their background in technology and security gives Jasmy a strong foundation for building solutions that combine blockchain with consumer electronics.
What is the JASMY token for?
The JASMY token serves several purposes within the ecosystem:
- Payments: Used to access services and pay for data transactions on the platform.
- Rewards: Users earn tokens for sharing their data with companies.
- Governance: Token holders may participate in decisions about platform development.
Real-world example
Laura uses several IoT devices at home. With Jasmy, she stores her personal data securely and shares it only with companies she trusts. In return, she earns JASMY tokens as a reward, giving her control over both her data and its value.
How to buy JASMY on Bitso
- Log in or sign up for your Bitso account.
- Use the conversion feature to swap your local currency (MXN, ARS, BRL, COP, or USD) for JASMY.
- Track its market performance directly from the app.
- Enter the amount, review the details, and confirm your transaction.
Note: JASMY is only available through conversions on Bitso. It is not supported on Bitso Alpha, and deposits or withdrawals from external wallets are disabled. However, you can send and receive JASMY between Bitso users via Bitso Transfer.
Disclaimer
Jasmy (JASMY) is the native token of the Jasmy platform, a Japanese blockchain and IoT solution designed to empower individuals with data ownership and privacy. While its technology has real-world applications, the value of JASMY is influenced by adoption, market sentiment, and regulatory factors. This article is for informational purposes only and does not constitute financial advice. Bitso encourages users to conduct their own research (DYOR) before engaging with any digital asset.
