JasmyCoin is dubbed 'Japan's Bitcoin', attracting attention with its approach to managing and monetizing personal data.
JASMY Tokenomics Overview
JASMY has a total supply of 50 billion tokens, with approximately 49.45 billion currently in circulation. The token was deployed in December 2019 and has undergone a security audit. Initial token distribution included 30% for business companies and other allocations.
JASMY Functions and Use Cases
JASMY acts as a data transaction medium, provides access to 'Personal Data Lockers', and rewards users for active participation in the ecosystem, crucial for establishing a 'data democracy'.
Technical Architecture and Real-World Applications
The Jasmy platform operates on Hyperledger Fabric for enterprise solutions, while JASMY tokens exist on Ethereum as ERC-20, ensuring accessibility and liquidity. The platform is linked with companies like Panasonic, VAIO, and Transcosmos.
JasmyCoin has cemented its technical foundation and partnerships, offering an innovative approach to data sovereignty within Japan's regulations and the broader crypto world.
