Jasmy Corporation, a Tokyo-based technology company founded by former Sony executives, has gained regulatory approval from Japanese authorities for its JasmyCoin (JASMY) utility token. Unlike Bitcoin, Jasmy's focus is on revolutionizing IoT data management through blockchain technology. The company aims to create infrastructure for secure, decentralized data management in an increasingly connected world. Jasmy operates on a dual blockchain architecture, combining Hyperledger's performance with Ethereum's tokenized transactions. The ecosystem includes a Personal Data Locker, Secure Knowledge Communicator, and Smart Guardian. Jasmy has implemented its technology with companies such as Transcosmos, VAIO, and Witz, and has partnerships with Panasonic and IoTeX. They have also incubated JANCTION, a Layer-2 blockchain project targeting AI and decentralized physical infrastructure. Jasmy's whitepaper outlines a four-phase development strategy, with the culmination being a global data marketplace. With their expertise and demonstrated implementations, Jasmy offers a practical approach to personal data management and decentralization.
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