JasmyCoin

JasmyCoin is the crypto asset associated with the platform of Japan-based company Jasmy in the Internet of Things (IoT) and personal data management space. JASMY is a token without its own chain, issued under the Ethereum token standard. The project's core idea is to take control of the data generated by smart devices away from companies and give it to users; in short, to democratize data.

Jasmy develops software components for securely storing and sharing user data across devices and services; chief among them are its Personal Data Locker approach and security solutions that authenticate IoT devices. In this model, JASMY is positioned as the payment and reward unit in the exchange of value between users who choose to share their data and service providers who want to use that data.

The JASMY price may change depending on how quickly the company's corporate partnerships turn into products, actual use of the platform, liquidity on exchanges and regulations on data privacy. Since the token's function depends largely on a single company's product roadmap, changes to this plan can also be decisive. The value shown on the Lzzo.com page comes from the JASMY/USDT pair on Binance and is converted into its dollar equivalent at the Coinbase Exchange USDT/USD rate; the chart is tracked through this series.