Jasmy is a blockchain-based project founded in 2016 by former Sony executives in Tokyo. Its primary goal is to give individuals control over their personal data, addressing issues related to privacy and data ownership. Jasmy does this by merging Internet of Things (IoT) technology with blockchain, creating a decentralized platform where users can securely store and manage their data in a "Personal Data Locker" (PDL). This system allows users to decide how and with whom to share their data, preventing misuse by corporations.
The Jasmy ecosystem is powered by its native token, JasmyCoin (JASMY), which acts as the medium of exchange within the platform. Users can earn JASMY by sharing their data, which can be utilized by businesses to enhance services, all while keeping users' data secure. The platform also provides tools like Secure Knowledge Communicator (SKC) for managing data use and Smart Guardian (SG) for registering IoT devices.
In recent years, Jasmy has expanded its ecosystem by partnering with companies in various industries, creating a secure marketplace for data trading. This helps businesses collaborate and innovate by leveraging shared data in a decentralized and secure environment. Jasmy’s continued growth is supported by its strong focus on privacy and its strategic partnerships.