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Bittime - Although blockchain offers strong security features, securing data in Web3 applications in the virtual world is still a challenge. The Jasmy platform is here to answer this, democratizing data while ensuring its security. Jasmy Coin (JASMY) fuels this project as a native cryptocurrency.
This initiative from Japan addresses various data-related challenges arising from advances such as blockchain, Metaverse, and the Internet of Things ( IoT ). Jasmy strives to empower users with data ownership, prioritizing privacy and security. Read on to dive into the world of Jasmy Coin and its platform.
What is Jasmy Coin (JASMY)?
JASMY acts as the lifeblood of the Jasmy ecosystem, facilitating all its activities. The project aims to create a user-centric world where data ownership lies with the individual, without compromising privacy or security. Jasmy has carefully built this decentralized and democratic vision over many years.
Built on the Ethereum blockchain, JASMY is an ERC-20 token that leverages Ethereum's processing power, advanced dApp capabilities, and security. Its usefulness in the ecosystem continues to expand, providing users with access to a wide range of platform services.
Launched in 2021 with a total supply of 50 billion tokens, JASMY initially traded above $1 but experienced a price decline later in the year. However, 2024 saw a price spike driven by increased interest from Japanese venture capitalists.
Safeguarding Data in the Era of Connectivity
IoT connects various devices, enabling data exchange between everything from smartphones to PCs. Additionally, many physical objects are equipped with sensors and chips to collect and share information. This “data age” driven by IoT, Metaverse , and Web3 brings a higher risk of data leaks and misuse. Jasmy, aware of these challenges, works diligently to maintain data security.
Jasmy's Safe Data Oasis
The platform offers a secure IoT platform, ensuring optimal data security during information exchange. The platform empowers businesses and project developers to manage their IoT data effectively, even with centralized systems. Jasmy even provides hardware such as communication modules and wearable devices for users.
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"Japanese Bitcoin": More Than Just a Claim
Founded by prominent Japanese figures such as Kunitake Ando and Kazumasa Sato, Jasmy has deep roots in the country. The initial launch on the Japanese exchange BITPoint Japan further strengthens its connection with the region. These factors, coupled with significant investment from Japanese venture capitalists, fuel the team's claim to being the “Bitcoin of Japan.”
Conclusion: Shaping the Future of Data Ownership
Jasmy Coin emerged as a dynamic crypto project committed to democracy, security and data sovereignty. This project recognizes the rapid advances in IoT and the Metaverse, understanding their potential impact on data exchange and storage. By bridging the gap between blockchain and IoT, Jasmy has the potential to open new gates in the technology landscape.
How To Buy Crypto With Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
How are Cryptocurrency Regulations in Japan? What are the Tax Rules?
The Potential of Blockchain in Supporting the Service Industry
Japanese E-Commerce Giant to Make Bitcoin a Payment Option
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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