The arrival of the Web3.0 era is a huge opportunity for Japan. The Japanese government and the traditional Internet industry are actively exploring the field of Web3.0 digital economy, and intend to raise it to the national economic development strategy level, with the legal status of native tokens and the background of Sony’s technology development, Jasmy will form a unique development advantage in such a trend, even as crazy as the Internet companies that rose in Japan after World War II, we will call it an economic miracle in the new era for the time being.
The development and metamorphosis of Web 3.0 are rooted in the Internet world built by the iterative development of Web 1.0 and Web 2.0. Compared with the “readable” upgrade of Web 1.0 to the “readable + writable” upgrade of Web 2.0, Web3.0 shows obvious differences: based on the characteristics of Web3.0 “content is created by users, data belongs to users”, Web3.0 is not only a technological change, but also an innovation in business and user models. A16z, an American venture capital firm, explains: “We firmly believe that the next wave of computer innovation will emerge on the basis of distributed technologies, and innovation will also include the comprehensive organization of the new economy.”
In the Internet world built by Web 2.0, users are both the viewers of website content and the creators of website content. Web2.0 has even brought a new logic of “discourse is power” to the world. Users have changed from passive recipients to active participants. Everyone can produce and share content, and this process is valuable. The biggest drawback of Web2.0 also comes from this – Web2.0 must rely on a specific “information intermediary”, which can be an application-level platform or a centralized server. In this process, the user’s data and identity information on various platforms on the Internet are separated from each other, and the user’s personal data is firmly in the hands of these “information intermediaries”. Due to the data monopoly and island effect of the platform, users’ personal data is also at risk of being tampered with, deleted and sold at any time. More seriously, as the provider and producer of Internet big data, the value generated by individual users is more allocated to “information intermediaries”. Not only is it difficult to protect the interests of individual users and small and medium-sized developers, but competition between major platform giants is more likely to harm the innocent users.
As a pioneer in the field of Web3.0 in Japan, facing data monopoly and rigid data business model, Jasmy Chairman Ando Kuniwei once wrote in the preface of the white paper: “The purpose of our platform is to return the data sovereignty that should belong to individuals to the owner of this data, using the decentralized management technology led by the blockchain, crosses the barriers of the industry, combines the platform for safe management of data with the Internet of Things, and creates the foundation for a new type of business.”
In other words, although Web2.0 gives users the opportunity to “speak”, it does not reflect the labor value of individual users and small and medium-sized developers. From the standpoint of individual users and small and medium-sized developers, this model obviously lacks commercial value, and even presents a trend of exploitation of individual users by traffic giants. “Do not suffer from too few but suffer from inequity”. At a time when the value of data is increasing day by day, the huge value deficit will inevitably promote the redistribution of Internet value, and this trend will naturally lead to the emergence of a new generation of Internet, and Web3.0 came into being. Among many Web3.0 projects, Jasmy is starting with data fundamentally, and creating new business value based on the value of data itself, which is an important reason why Jasmy stands out.
Standing on the “shoulders” of Web3.0, Jasmy shouted out the slogan “Protect data originally owned by individuals and build a decentralized data autonomous world to realize data value sharing.” Although at this stage Web3.0 is still in the stage of planning and development, but the various solutions and product prototypes proposed by Jasmy successively, SKC, SC, Jasmy PDL and Jasmy Secure PC, all follow the commonality of openness, security, and decentralization/distribution. Recently, the Jasmy platform has launched DD Coin and other mechanisms, which are complementary to the Jasmy native token, which can effectively ensure the distribution of the interests of all parties in the automatic settlement of the ecosystem during the operation process, and eliminate the panic caused by the huge fluctuations in the crypto market, and build a stable business model, as well as maintaining strong competitiveness, this is a comprehensive innovation that must be made in a comprehensive Web3.0 project ecosystem. Not only that, we believe that any innovation in storage, privacy, network, mechanism, application and production methods, distribution methods and other aspects based on Web2.0 is necessary.
The true Web 3.0 will lead the Internet towards personal control of data ownership, to subvert the current situation where Internet giants monopolize the right to speak on the Internet, and fully protect the interests of every Internet user while protecting the user’s personal privacy. The Jasmy platform provides a place for data to generate value by virtue of the characteristics of distributed network and storage system, security and convenience of data sharing. It has become an important role in the current development of Japan’s Web3.0 industry and the optimization of data security solutions.
In response to the transparency and trust problems brought by decentralized operations, Jasmy’s existing technology can be solved through data rights tokenization, Secure Knowledge Communicator (SKC) data rights confirmation and authorization mechanisms. They allow users to connect with JasmyNet, manage and store personal data, authorize data provision, and track functions as they wish. At the same time, when enterprises or organizations are allowed to receive data and authorization from users, they do not have to keep specific information that can identify the subject at all times, but only make appropriate use of necessary information as needed. It can ensure that the data generated by the user in the Web3.0 world is owned by the user, and other people have no right to use it until the creator (data owner) authorizes it. After authorized use, the creator of the data can also get corresponding rewards through the Jasmy ecological token economy. This will undoubtedly greatly enhance the control rights and economic benefits of data owners over the data, and realize the benign interaction between data creators and users. We believe: “In such a JasmyNet environment, users’ identities will be further enriched: they are both creators and users; they are vested interests and maintainers of order. This model of open data will be Web3.0 An important link in development, but also a breakthrough in the emergence of an economic miracle.”
About Jasmy:
Jasmy is a Japanese company that develops and provides data security and sharing services in the Internet of Things era. JasmyCoin is the first local cryptocurrency approved to be listed on a Japanese digital currency exchange, and the first legal and compliant digital currency in Japan. At present, more than 50 trading platforms such as Coinbase, BITPoint, Binance, Huobi etc., have been launched. And it have reached cooperation agreements with more than 20 companies such as Nexstgo, Aplix, Japanius, Witz, MetaVisa, etc. Its self-developed JasmyPersonalDataLocker system has been put into commercial use. Jasmy’s move has promoted the commercialization of Japan’s blockchain technology, which is of epoch-making significance for the prosperity and development of Japan’s cryptocurrency market, and is known as the “Bitcoin” of the new era of Japan’s encryption industry.
To gain more information——
Official website: http://www.Jasmy.co.jp
Twitter: https://twitter.com/Jasmy_league
Telegram: https://t.me/OfficialJasmyUniverse
Facebook: https://www.facebook.com/Jasmyleague/
Medium: https://medium.com/Jasmy-league
GitHub: https://github.com/JasmyCoin/JasmyCoin
