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JasmyCoin (JASMY)



An Internet of Things (IoT) Data Marketplace.

May 18th 2022

 

JasmyCoin (JASMY)

  • Users can sell data generated from Internet of Things (IoT) devices to various businesses through JasmyCoin, a data marketplace project. The JasmyCoin data platform uses JASMY as its native utility token.

  • The native token is JASMY. The current use cases for JASMY includes:

    • Data Utilization: JASMY tokens will be required in order to access and exchange data collected from Internet of Things (IoT) devices.

    • Data Democratization: JASMY tokens can be held as a store of value by users, accelerating the adoption of data democratization.

  • This project consists of the following major components:

    • Data Marketplace: A secure marketplace for exchanging data between individuals and businesses.

    • Secure Knowledge Communicator (SKC): Provides personal data lockers to users through a distributed authentication system.

    • Smart Guardian (SG): Streamlines the process of registering IoT devices on the JasmyCoin network.

    • JasmyNet: The data network is accessible only to authorized consortium members.

  • As at May 18th 2022, the maximum and total token supply of JASMY is 50,000,000,000 and the circulating supply is 4,750,000,000 (~9.50% of the total token supply).

 

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