JasmyCoin (JASMY) is a cryptocurrency initiative from Jasmy Corporation, a Tokyo-based Internet of Things (IoT) provider. The Internet of Things refers to a system that integrates mechanical and digital elements equipped with unique identifiers, capable of transmitting data. Jasmy’s expertise lies in the buying and selling of data while its platform connects two primary categories: service providers and data users. The Jasmy platform is designed to restore and safeguard individual data sovereignty by integrating IoT technology with blockchain technology, thereby granting users full control over their personal information. The project's primary objective is to establish a secure environment on the platform, enabling users to exchange data between IoT devices—such as computers, cars, and phones—and decentralized protocols in a trustless manner. The mission of the Jasmy developers is to craft a framework that ensures users can access data easily, safely, and seamlessly. Consequently, Jasmy strives to offer its users a robust infrastructure, an intuitive interface, and a secure environment for storing and sharing data. Within the Jasmy ecosystem, information can be converted into personal assets. Jasmy leverages edge computing and data storage on IPFS (InterPlanetary File System) to decentralize workflow processes. The project's philosophy centers around the democratization of data through a decentralized model, ensuring that data is securely protected and owned by its proprietor. Service providers, in turn, are afforded the opportunity to promote their services or businesses using this user-owned data.

Jasmy was established in April 2016 in Tokyo by a group of former Sony 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, retired as of December 2021), and Hiroshi Harada (CFO at Jasmy and Executive Financial Analyst at KPMG). In October 2021, JasmyCoin (JASMY) was introduced on the Japanese exchange BITPoint Japan. $JASMY is an ERC-20 token that powers the Jasmy platform, serving as the primary utility token of the network and playing a crucial role in the development of the entire Jasmy ecosystem. The project has formed partnerships with significant players in the digital industry, including Transcosmos, Panasonic, and VAIO.

In the digital era, Jasmy addresses the following challenges: The Jasmy platform ensures customer confidentiality and grants individuals the right to manage their own personal data. With Jasmy, users transmit information via IoT devices to companies in exchange for services securely. Jasmy provides a data processing policy that ensures customer information is collected properly, preventing any data leakage. The Jasmy network offers a decentralized infrastructure where data management prioritizes security and trust. As a result, the JasmyCoin project aims to uphold the highest possible standards of safety and security in the market, leveraging the active use of IoT devices to mitigate fraud. Operational Mechanism: User data is stored securely in a personal data repository. The Jasmy network employs IPFS (InterPlanetary File System) technology, incorporating the Security Knowledge Communicator (SKC) and Smart Defender. To activate SKC, users must complete registration and identity verification, enabling transaction tracking and data management. At this stage, investors and companies are granted permission to access owners' personal information. Additionally, the Smart Guardian (SG) service ensures the secure registration of IoT devices.

JasmyCoin (JASMY) is a utility token essential for maintaining the network's operations, and it is implemented on the Ethereum blockchain as an ERC-20 token. JasmyCoin serves as the exclusive currency within the Jasmy network. Its primary function is to facilitate transactions for personal data derived from IoT devices. Customers can utilize JASMY to purchase products on the platform and ensure data protection. Through JasmyCoin, users gain access to stored data. As of May 2022, JasmyCoin has a capped supply of 50 billion coins, with 4.75 billion JASMY currently in circulation. The total supply of JASMY is allocated as follows: 48% to the ecosystem fund, 27% to investors, 20% to contributors and the community, and 5% dedicated to an incentives program. JASMY did not conduct an initial coin offering (ICO) event.

The JASMY smart contract was deployed on Ethereum in December 2019 and subsequently underwent an audit by SlowMist, a blockchain security firm that specializes in cybersecurity auditing and protection for digital assets, leading exchanges, and crypto wallets. The audit certificate is available here. JasmyCoin is a Japanese cryptocurrency that fully adheres to the legal requirements set by Japanese legislation, which imposes strict regulations on cryptocurrency transactions and subjects them to comprehensive financial audits. Jasmy asserts itself as a legal platform subject to official registration, which endows the JASMY token with a role akin to shares or securities. In the event of exposure to investors and users' savings, Jasmy may be held liable. Japanese law allows for the revocation of licenses and can impose liability for such violations.

As of May 2022, JasmyCoin (JASMY) is listed on various cryptocurrency exchanges, making it available for purchase on the following platforms: 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. Want to keep track of JasmyCoin prices live? Download the Eulerpool mobile app. Want to convert JasmyCoin price today to your desired fiat currency? Check out Eulerpool's exchange rate calculator.

The platform guarantees data safety and control. The system employs encryption to secure shared data, providing an additional layer of protection. Jasmy fosters a democratic decision-making environment within a decentralized society. Within the Jasmy ecosystem, various users—including companies, organizations, and individuals—can access data usage, with the aim of contributing, innovating, or creating value.