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JasmyCoin (JASMY) is a cryptocurrency initiative by Jasmy Corporation, an IoT (Internet of Things) provider headquartered in Tokyo. IoT refers to a network of internet-connected devices capable of wirelessly sharing data without requiring human intervention. By integrating Blockchain and IoT, JASMY aims to empower individuals with data sovereignty, offering a global, cross-industry platform solution. The project has partnered with major players in the digital industry such as Panasonic and VAIO. In October 2021, JASMY was launched on the Japanese exchange BITPoint Japan. The primary utility token of the network is based on the ERC-20 token standard on the Ethereum platform. The token can be traded using digital devices like smartphones or laptops. Furthermore, JASMY can be used as proof of value exchange or for payment in assignments and services. JASMY is often referred to as Japan’s Bitcoin due to being the first cryptocurrency to achieve legal compliance in Japan.
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