If you're looking to swap JasmyCoin, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is JasmyCoin or some fresh information about jasmy’s price movements. And, of course, we provide you with the multiple JasmyCoin exchange options so that you can choose the offer with the best rates and lowest JasmyCoin fees, as well as other parameters that suit you.
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What is JasmyCoin?
Jasmy League is a Japanese blockchain project that offers services providers in different industries to deploy their products to users on the Jasmy Platform. The project aims to decentralize the process of coordination of the devices that create IoT (Internet of Things). For this goal Jasmy stores the data on a decentralized storage network IPFS and also utilizes edge computing.
The network was launched on October 26, 2021, by the team of Japanese crypto enthusiasts Kunitake Ando, Kazumasa Sato, Masanobu Yoshida, and Hiroshi Harada.
Jasmy also strives to provide control of their data for each individual, and for this, the system integrates the Internet of Things with Blockchain technology. To provide data security during the development of IoT, Jasmy offers encryption depending on the hardware level of the machine and serves as the second layer of security protection.
The main priority of Jasmy is giving the users permanent control over their own data but at the same time after the users' approval, the companies can also use these data in multiple ways. Thus Jasmy aspires to create a democratic decision-making environment. The mentioned data also can be used by the projects, companies, and individuals to drive innovations.
Each user of the Jasmy platform owns a personal digital locker in the distributed storage where the personal files are stored within the P2P network. The platform also offers the SKC (Secure Knowledge Communicator) so the companies can create a personal locker that can be controlled and managed only by the user.
Thanks to the Smart Guardian feature anyone can easily and securely register a new IoT device on the network and have complete control over it.
Jasmy crypto is an Ethereum token that powers the ecosystem. The asset can be traded through exchanges, but it is also used as proof of a value exchange or a payment for the platform’s services. Jasmy crypto is also rewarded to the users who share their data with the platform in the form of Jasmy coins incentives. The company also works on implementing the staking option in the nearby future.
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