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JasmyCoin is a data marketplace project where users can sell data generated through Internet of Things (IoT) devices to various businesses. JASMY is its native utility token and is used as payment currency within the JasmyCoin data platform.
JASMY is the native token of the project. Current use cases for JASMY include:
Utilization of Data: Users will need to hold JASMY tokens to access and exchange user data collected from 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 main components:
Data Marketplace: A data marketplace for individuals and businesses to securely exchange data.
Security Knowledge Communicator (SKC): A distributed user authentication system that provides users with personal data locks.
Smart Guard (SG): Allows IoT devices to register easily and securely into the Jasmy network.
JasmyNet: It is a data network in which only authorized alliance member companies can participate.