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Cryptocurrency News Articles

Jasmy Unveils Ambitious 2024 Blueprint: Empowering Data Ownership and Innovation in IoT

Mar 23, 2024 at 07:15 pm

Jasmy, an Ethereum-based IoT cryptocurrency, has unveiled its ambitious roadmap for 2024. Focused on data exchange and ownership, Jasmy aims to connect devices and individuals securely, enabling control over personal information. The roadmap includes IoT device collaboration, AI customization, tokenomics enhancements, carbon credit exchange, and a focus on data integration with devices, aiming to empower users and enhance data security in the IoT era.

Jasmy Unveils Ambitious 2024 Blueprint: Empowering Data Ownership and Innovation in IoT

Jasmy Unveils Ambitious 2024 Roadmap, Driving Data Ownership and Innovation in the IoT Realm

Tokyo, Japan - January 26, 2023 - Jasmy Incorporated, a trailblazing force in Internet of Things (IoT) solutions, has unveiled its highly anticipated roadmap for 2024, charting a transformative course for the future of data ownership and exchange.

Anchored on the Ethereum blockchain, Jasmy's mission is to empower individuals with unparalleled control over their personal information, fostering a secure and decentralized digital landscape. Through its innovative blend of blockchain technology and InterPlanetary File System (IPFS), Jasmy aims to revolutionize the way data is shared and monetized.

Empowering the Internet of Things with Data Valuation

Jasmy's 2024 roadmap places strategic emphasis on IoT device collaboration, recognizing the immense potential for unlocking the value of data generated by connected devices.

In the first quarter of 2024, Jasmy will forge alliances with leading IoT device companies, laying the groundwork for the development of innovative functionalities that harness the power of IoT data. By seamlessly connecting devices, Jasmy will create a platform where individuals can exchange data securely and conveniently, unlocking unprecedented opportunities for data monetization.

Tailoring Data to User Preferences with AI Customization

Artificial intelligence (AI) plays a pivotal role in Jasmy's roadmap, enhancing the adaptability and personalization of its data management solutions. From Q1 to Q2, the Personal Data Locker, a key component of the Jasmy ecosystem, will incorporate AI features, allowing users to customize their data preferences and tailor the functionality of the platform to their specific needs.

In Q2 and Q3, Jasmy will enhance the capabilities of its Blockchain PC by integrating AI, further expanding the scope of data analysis and processing. This integration empowers individuals to leverage the power of AI to unlock the full potential of their data, driving innovation and unlocking new possibilities for data-driven decision-making.

Strengthening the JASMY Tokenomics Ecosystem

The roadmap outlines strategic initiatives to bolster the $JASMY tokenomics ecosystem, enhancing its stability and utility.

In Q1, Jasmy will implement a points system on its layer-1 blockchain, integrating it into the broader JASMY ecosystem. The points system, operating in conjunction with stablecoin partners, will facilitate seamless QR transfers between KYC (Know Your Customer) users.

Throughout Q2 and Q3, Jasmy will expand its exchange ecosystem collaborations, enabling seamless token exchanges within the Jasmy Wallet. Additionally, token exchange features within the Wallet will be activated, empowering users to leverage their $JASMY tokens for a wider range of transactions and applications.

Ensuring Ecosystem Stability with Token Lockup

To foster stability within the JASMY ecosystem, Jasmy will introduce an exchange-linked lock-up feature in Q1. This mechanism will incentivize long-term holding of $JASMY tokens, contributing to the overall health and longevity of the platform.

Approximately 100,000,000 $JASMY tokens will be locked up in April 2024 (Q2), demonstrating the company's commitment to supporting the long-term growth and sustainability of the JASMY ecosystem.

Pioneering Carbon Credit Trading

Jasmy recognizes the urgent need to address climate change and has incorporated a groundbreaking carbon credit exchange initiative into its 2024 roadmap.

In Q1, Jasmy will establish the basic functionalities of its Jasmy Carbon Credit Exchange. In Q2, the protocol will implement a credit offset mechanism through token burns, allowing individuals and organizations to actively participate in carbon reduction initiatives.

To ensure regulatory compliance, Jasmy will apply for voluntary market certification under established standards during Q3 and Q4. The team will also pursue J credit certification by Q4, demonstrating its commitment to adhering to the highest standards of environmental sustainability.

Launching the Testnet and Limited Trading

The roadmap culminates in the launch of the Jasmy Carbon Credit Exchange Testnet and limited trading activities in Q4. This milestone will mark the official debut of the platform, allowing users to experience the transformative power of carbon credit trading firsthand.

Product Collaboration to Drive Innovation

Jasmy will collaborate with partners to develop innovative credit linkage solutions through Blockchain PCs during Q3 and Q4. These collaborations will further expand the reach and impact of the Jasmy Carbon Credit Exchange, driving innovation and fostering a more sustainable future.

Introducing JASMY: Powering Data Ownership and Innovation

JASMY, the native cryptocurrency of the Jasmy ecosystem, serves as the backbone for all activities within the platform. Founded by former Sony executives with deep expertise in consumer electronics and data management, JASMY aims to establish a world where individuals retain ownership of their data without sacrificing privacy and security.

As an ERC-20-based token, JASMY leverages the Ethereum blockchain's robust infrastructure, including its processing power, advanced functionality for decentralized applications (dApps), and stringent security measures. This foundation empowers users to participate in the Jasmy ecosystem with confidence, knowing that their data is protected and their privacy is respected.

Jasmy's Unique Edge in the IoT Data Exchange Landscape

In an era marked by the explosion of IoT devices and the exponential growth of data, Jasmy stands out as a visionary force, offering a unique combination of capabilities:

  • Data Security: Jasmy prioritizes data security above all else, implementing robust encryption techniques and decentralized storage solutions to safeguard sensitive information.
  • Data Ownership: Jasmy empowers individuals to maintain complete control over their personal data, enabling them to monetize it on their own terms without relinquishing ownership.
  • Data Exchange: Jasmy facilitates seamless data exchange between users, enabling them to share valuable information securely and efficiently.
  • Data Value Creation: Jasmy unlocks the true value of data by connecting IoT devices with a robust network of data consumers, enabling new revenue streams and empowering individuals to capitalize on their data.

Conclusion

Jasmy's 2024 roadmap is a testament to the company's unwavering commitment to revolutionizing the way data is owned, shared, and monetized. By empowering individuals, fostering innovation, and driving sustainability, Jasmy is poised to shape the future of the IoT landscape, creating a more equitable and secure digital world for all.

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