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JasmyCoin and IoT: Advancing Data Management

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by Giorgi Kostiuk

4 months ago


Founded in 2016, Jasmy Corporation aims to revolutionize data management in the IoT world through blockchain. Their goal is to secure individual users' data from centralized controllers.

Jasmy's Mission and Data Management

In today's world, personal data is a valuable commodity. Jasmy aims to establish a 'Data Democracy' where data is controlled by its owners rather than corporations. Their white paper emphasizes the importance of data protection and democratization.

Technical Architecture of the Jasmy Platform

Jasmy operates on a dual blockchain architecture: a Hyperledger-based system for data management and JasmyCoin (ERC-20 token on Ethereum) for transactions. Blockchain, IoT, and edge computing technologies contribute to secure and private data management.

Applications and Partnerships of Jasmy

Jasmy implements its technology in practice: the platform was used for remote call center operator work, a joint system with VAIO for financial institutions was created, and a data platform for autonomous vehicles was developed. Support for projects and partnerships ensures ecosystem growth.

Jasmy successfully combines blockchain, IoT, and edge technologies for creating a secure data management ecosystem. Supported by notable companies, it demonstrates the feasibility of their model in practice, fostering increased data privacy and security.

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