• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Jasmy's Revolutionary Approach to Data Management with Blockchain and IoT

user avatar

by Giorgi Kostiuk

a year ago


Jasmy, a Tokyo-based tech company founded by former Sony executives in 2016, aims to innovate personal data management using blockchain and IoT.

The Vision Behind Jasmy

In a world where personal data has become a valuable commodity, Jasmy seeks to create a decentralized platform where data is owned by its creators, not corporations. Their whitepaper states: 'We aim to realize a Data Democracy by building a decentralized, democratic world where data is protected as inherently owned by each individual.'

Technical Architecture of the Jasmy Platform

The Jasmy ecosystem is built on a dual blockchain architecture, featuring the Jasmy Platform on Hyperledger Fabric and the JasmyCoin (JASMY) on Ethereum. This hybrid approach combines enterprise-grade security and scalability with tokenized asset capabilities, integrating key technologies such as blockchain for immutable records, IoT for data collection, and edge computing for enhanced security.

Key Components of the Jasmy Ecosystem

Jasmy revolves around three main components: the Personal Data Locker (PDL) for secure data storage, the Secure Knowledge Communicator (SKC) for management and control via identity and permissions, and Smart Guardian (SG) for secure links between users and IoT devices.

Through its innovative approach combining blockchain, IoT, and edge computing, Jasmy offers a viable alternative to centralized data models, with established implementations in major firms, expanding into broader technological areas.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Western Union Introduces USDPT Stablecoin to Enhance Digital Payments

chest

Western Union has launched USDPT, a US dollar-backed stablecoin, to enhance digital payments for 130 million people in Bolivia and the Philippines.

user avatarAisha Farooq

Zcash Surges to New High as Institutional Interest Grows

chest

Zcash (ZEC) has surged to a new year-to-date high of 590, driven by significant institutional investment from Multicoin Capital.

user avatarTenzin Dorje

Sabadell Joins European Banking Consortium for Stablecoin Initiative

chest

Spanish bank Sabadell has joined the Qivalis consortium aimed at launching a Europe-pegged stablecoin.

user avatarBayarjavkhlan Ganbaatar

Ripple CEO Highlights Critical Hearing for CLARITY Act's Future

chest

Ripple CEO Brad Garlinghouse emphasizes the importance of the upcoming Senate Banking Committee hearing for the CLARITY Act's progress.

user avatarMohamed Farouk

Bitcoin Holds Steady Above 80,000 as Market Recovery is Tested

chest

Bitcoin's price remains above 80,000, indicating a recovery from March lows, with differing behaviors observed among large holders.

user avatarElias Mukuru

Gerstein Harrow LLP Files Restraining Notice Over Ethereum Linked to Kelp DAO Hack

chest

Gerstein Harrow LLP has filed a restraining notice in a New York district court, claiming legal rights to approximately 30,766 Ethereum frozen after the Kelp DAO hack.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.