Jasmy is one of the most well-known Web3.0 Vision projects in Japan, the project’s native token JasmyCoin is the first legally compliant digital currency in Japan, and recently Jasmy officially released a latest ecological model map.
In our view, this is a two-token economic model, through the flowchart we can clearly see that the value of JasmyCoin is built on the Jasmy data ecological service, is a typical application generation, is the application of the application ecology in the equity token, it pursues long-term appreciation, as well as the application of the scene. DDCoin is the reliable and stable unit of pricing for the ecosystem (universal integral), which mainly provides stable pricing and exchange services for commercial and trading activities in the Jasmy ecosystem, and has the function of anchoring the stablecoin of the Yen fiat currency (it is a denominated asset that anchors the Japanese yen, and is not a crypto asset).
Regarding the equity of application tokens, it mainly involves the authenticity of the project, that is, whether the project can provide application services that can generate practical benefits, rather than the Ponzi equity. JasmyCoin is a token issued by the Jasmy IoT Platform, then the rights and values of JasmyCoin are reflected in the data services provided by the Jasmy IoT Platform, as well as the actual benefits brought by all application scenarios in the entire Jasmy ecosystem, such as the application of Jasmy Secure PC, the application of Jasmy PDL on the TISIWIT system, the research and development of technology, active participation in business cooperation, etc. The ecological applications around Jasmy are empowering JasmyCoin.
Most of Jasmy’s products and technical features are still in the early stages of development, which is an uncertain factor for investors, but also means a huge dividend period, Jasmy aims to build an ecosystem that can use personal data safely and freely through the Internet of Things + blockchain technology. One of them is Jasmy Personal Data Locker (PDL), which allows users to manage personal data and propose specific data management solutions. The second is the Jasmin Secure PC, which enables the most reliable device usage environment for individuals and businesses. The third is the Jasmy data marketplace, where individuals and businesses can use data with peace of mind and aim for a society where everyone is happy. Of course, this ecosystem is not a big data trading market, it is guaranteed to be traceable and anonymized to collect and analyze personal information, and to provide a data trading environment, whether individuals or groups can get paid from potentially valuable data.
By incentivizing users to use Jasmy’s data services through tokens, and providing their own personal data information within the decentralized Jasmy IoT system, Jasmy can realize the value of everyone’s data while protecting data security, and we believe that in the future, Jasmy will continue to develop and build technical services for JMY (JasmyCoin) applications.
Regarding the utility of DDCoin (universal integral) in the ecosystem, in layman’s terms, it is more similar to forums, shopping mall points, which can be used in exchange for content download rights, goods, VIP services, etc., but unlike traditional integrals, its issuance and circulation occur on the blockchain, transparent and trustworthy, Jasmy just acts as a verification node in the blockchain network.
With the increase in the number of enterprises and individual users participating in the platform, products and services based on Jasmy’s core technology are becoming more and more diversified, and the Jasmy ecosystem will become more and more perfect, which will give Jasmy a greater imagination space, at the blockchain level, individuals and even enterprises will become Jasmy’s nodes (data providers), integrated into the data security, data storage, solutions, edge computing and other ecosystems, DDCoin is a stable coin without price fluctuations in the Jasmy ecology. Its introduction is not only to protect users, but also to accelerate the formation of Jasmy data business closed loop. For example, users in the Jasmine ecosystem of data assets, using the system governance token (cryptocurrency) denomination and settlement will affect the value of the asset due to the price fluctuations of cryptocurrencies, whether in the system’s internal payment services, external business cooperation will cause exchange rate obstruction.
When an ecological model matures, a commercial closed loop is formed, and the energy and magnetic field it can explode are extraordinary. It can be said that today Jasmy is completing the first step of the ecological model, which not only creates a good development (transaction) environment on a global scale, but also a cooperative (investment) environment, and the introduction of DDCoin essentially provides a reliable and stable unit of valuation for the ecological environment.
Blockchain technology is becoming more and more mature, it is bringing earth-shaking changes to social development, many cutting-edge Internet companies in the development of more complex smart contracts to solve the problem of collaboration and trust between people and people, people and machines, machines and machines, Jasmy is doing something similar, the blockchain technology and The Internet of Things technology is combined to solve the problem of information data storage, transmission and security trust in socialization, and extend the security, credibility and other characteristics of blockchain technology to the Internet of Things. In areas such as the new generation of Internet Web 3.0, the greater goal is to improve the overall collaboration efficiency of society.
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 the Japanese digital currency exchange, and the first legal and compliant digital currency in Japan. At present, it has launched more than 50 trading platforms such as Coinbase, BITPoint, Binance, Huobi, etc., and has 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
