JasmyCoin is a data marketplace project where users are able to sell their data generated from the Internet of Things (IoT) devices to various businesses. JASMY is its native utility token that serves as the payment currency within the JasmyCoin data platform.
JASMY is the native token of the project. The current use cases for JASMY includes:
Data Utilization: Users will need to hold JASMY tokens to access and exchange users’ data collected from the Internet of Things (IoT) devices.
Data Democratization: Users can hold JASMY tokens as a store of value and accelerate the adoption of data democratization.
The project consists of the following major components working in conjunction:
Data Marketplace: A data marketplace that enables individuals and businesses to securely exchange data.
Secure Knowledge Communicator (SKC): The distributed user authentication system, which provides personal data lockers to the users.
Smart Guardian (SG): Allows easy and secure registration of IoT devices to the JasmyCoin network.
JasmyNet: It is a data network in which only authorized member companies of the consortium can participate.
As at November 22nd 2021, the maximum and total token supply of JASMY is 50,000,000,000 and the circulating supply is 4,750,000,000 (~9.50% of the total token supply).
A Marketplace For Internet of Things Data.
Nov 22nd, 2021