### What is JasmyCoin?

JasmyCoin is a tokenized platform that integrates blockchain and Internet of Things (IoT) technology to democratise data usage. It provides individuals with a decentralised and secure infrastructure to control and monetise their personal data. Operating as an ERC-20 token on the Ethereum blockchain, JasmyCoin aims to enhance data sovereignty by allowing users full control over their data.

### How does JasmyCoin work?

JasmyCoin leverages blockchain and IoT technologies to ensure secure data management. Being an ERC-20 token, it supports seamless integration with Ethereum-based decentralised applications (dApps). JasmyCoin uses smart contracts to automate processes and transactions securely. The platform also employs technologies like edge computing and the Interplanetary File System (IPFS) for decentralised data storage and management, enabling secure data exchange between IoT devices.

### What are the potential use cases for JasmyCoin?

JasmyCoin offers various real-world applications, including:

- **Data Monetisation:** Allowing users to monetise their personal data.
- **IoT Data Exchange:** Facilitating secure data exchange between IoT devices.
- **Decentralised Data Storage:** Utilising IPFS and edge computing for data management.
- **Data Sovereignty:** Empowering users with control over their data.

JasmyCoin is particularly applicable in sectors relying on IoT and Web3, such as smart devices, automotive, and healthcare. It has also partnered with companies like Panasonic to expand its use cases.

### What is the history of JasmyCoin?

JasmyCoin was founded in April 2016 in Tokyo by former Sony executives, including Kunitake Ando and Kazumasa Sato. The team aimed to address concerns over personal data security. JasmyCoin was launched on the Japanese exchange BITPoint Japan in October 2021. Significant milestones include forming partnerships with industry leaders such as Panasonic and VAIO. The project continues to grow, focusing on integrating blockchain with IoT technologies to enhance data sovereignty.

JasmyCoin (JASMY)

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