Jasmy (JASMY) is a cryptocurrency associated with the Jasmy platform, a project that focuses on data democratization and empowering users to take control of their personal data. Here's a summary of the key points:

Project Overview:

Purpose: Jasmy aims to create a decentralized data marketplace where individuals can securely manage, control, and monetize their personal data. It seeks to return data ownership to users rather than large corporations.

Data Security: The platform provides tools and technologies that allow users to store their data securely and decide how and with whom to share it.

Jasmy Platform:

Technology:

Jasmy uses a combination of blockchain technology and Internet of Things (IoT) to facilitate secure data exchange and storage. The platform ensures that data is handled in a decentralized manner, protecting users' privacy.

IoT Integration:

The platform is designed to work with IoT devices, allowing data generated from these devices to be managed by their owners rather than third parties.


JASMY Token:

Native Cryptocurrency: JASMY is the native utility token of the Jasmy platform. It is used for various functions within the ecosystem, including as a means of payment for data storage, transactions, and data exchange on the platform.

Incentives:

Users can earn JASMY tokens by sharing their data with companies or other users, providing them with a way to monetize their personal information.


Data Marketplace:

Decentralized Marketplace:

Jasmy is building a decentralized marketplace where users can sell their data directly to interested parties. This system bypasses traditional intermediaries, giving users more control over the terms of data usage.

Personal Data Locker (PDL):

A core feature of the platform is the Personal Data Locker, where users can store their data securely and decide how it’s accessed or shared.


Partnerships and Adoption:

Corporate Collaboration:

Jasmy has partnered with several companies, particularly in Japan, where it is based, to integrate its technology into real-world applications, particularly in IoT and data management.

Enterprise Solutions:

The platform is also being positioned as a solution for businesses that want to handle customer data responsibly and transparently, complying with data protection regulations.


Regulation and Compliance:

Focus on Privacy:

Jasmy is designed to align with global data protection regulations, such as the GDPR in Europe, ensuring that user data is handled in compliance with strict privacy standards.

Data Sovereignty:

The platform emphasizes data sovereignty, ensuring that individuals have the ultimate control over their personal data.


Market and Trading:

Liquidity:

JASMY is traded on several cryptocurrency exchanges, offering liquidity and accessibility to investors and users.

Volatility:

As with many cryptocurrencies, the price of JASMY can be volatile, influenced by market trends, adoption rates, and news related to data privacy and blockchain technology.


Tokenomics:

Supply:

JASMY has a capped total supply, which is typical for most cryptocurrencies. The distribution is aimed at supporting the development and adoption of the platform.

Utility:

Beyond trading, JASMY tokens are integral to the platform's operations, providing utility within the ecosystem for data transactions and services.

In summary, Jasmy (JASMY) is a cryptocurrency that powers a platform focused on data democratization, privacy, and IoT integration. It aims to give users control over their personal data, allowing them to securely store, manage, and monetize their information within a decentralized marketplace.

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