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Jasmy

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OverviewChartsMonitoringNewsMarketsToken UnlocksJasmy Foundation
OverviewChartsMonitoringNewsMarketsToken UnlocksJasmy Foundation

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What is Jasmy?

Jasmy is a blockchain-based project that aims to create a secure and decentralized platform for Internet of Things (IoT) devices. The core of the Jasmy project is Jasmy.NET, a blockchain network that enables smart contracts — self-executing contracts with the terms of the agreement directly written into code. This network supports the Jasmy Platform, which allows IoT device owners to store and manage their data in what is called a "Personal Data Locker." This is essentially a secure, distributed storage system for personal data.

Users have control over their data and can choose who accesses it. They can selectively share their data with merchants, who must state how they intend to use the data, in exchange for rewards in the form of Jasmy's cryptocurrency, JASMY. This approach allows individuals to benefit directly from sharing their data, rather than surrendering it without compensation, which is common in traditional data models. By leveraging blockchain technology, Jasmy aims to enhance user privacy and provide a more transparent data exchange ecosystem.

What is the history of Jasmy?

Jasmy was founded in 2016 by former executives of Sony [source]. The project was established with the goal of protecting individual data and building a decentralized autonomous system for data value sharing. It has since focused on integrating blockchain and IoT technologies to create a secure infrastructure for safe data usage [source].

Key figures in Jasmy's leadership include Kunitake Ando, who has served as the President and COO of US Sony Engineering, and Kazumasa Sato, who has held several leadership positions at Sony, including CEO roles [source]. Hiroshi Harada, the CFO, previously worked at KPMG and founded Tokyotoken Co., Ltd, while Tadashi Morita has a background in computer science and security roles [source].

Can I stake Jasmy to earn rewards?

No, you cannot stake any tokens in the Jasmy project.

Has Jasmy experienced any hacks, exploits or outages?

Based on the available information, there is no record of any significant hacks, exploits, or outages affecting the Jasmy project itself, where a noteworthy amount of money was lost. This conclusion is drawn from data available up to April 2025.

Is Jasmy safe? How is it secured?

The Jasmy project implements several security measures and unique features to ensure data security and platform integrity:

  1. Decentralized Data Management:

    • Jasmy employs blockchain technology to secure data storage and access. Through the Jasmy Platform, users manage their data using "Personal Data Lockers," which store information securely and decentralize control back to the user source1.
  2. Jasmy Secure PC:

    • This platform allows administrators to restrict and monitor file usage and internet access remotely, thus improving endpoint security. It is particularly effective in preventing data leakage and analyzing workforce productivity source2.
  3. Layer-2 Rollup Technology:

    • Jasmy Chain uses Optimism’s OP Stack as a Layer-2 rollup on Ethereum. This enhances transaction speeds, reduces costs, and maintains high security by relying on Ethereum validators source3.
  4. Cryptographic Key Management:

    • Jasmy has developed and patented a cryptographic key management method, which encrypts system logs with user keys, enhancing security layers for personal devices source4.
  5. Blockchain in Healthcare:

    • To handle sensitive genomic information securely, Jasmy uses blockchain for managing data in cancer treatment research, further demonstrating its security capabilities source5.
  6. Recent Developments:

    • Jasmy has been actively integrating AI technologies and expanding its carbon credit platform to further secure and improve IoT interfaces with blockchain integration source6.

Vulnerabilities:

  • A comprehensive search found no major vulnerabilities or security breaches impacting Jasmy’s platforms. However, marketplace activities and investment sentiment can sometimes cause volatility in the token price, affecting associated services source7.

In summary, Jasmy prioritizes data sovereignty and privacy, integrating innovative blockchain solutions to secure IoT data. Their unique approach to cryptographic security and data management stands out, particularly in their efforts to apply blockchain technology to new domains like healthcare.

Has Jasmy been audited?

Here is a list of audits for the Jasmy project:

  • Consensys MythX Tool Audit: May 2021. This audit consisted of a code review using Consensys’ MythX tool.
  • SlowMist Audit: September 2021. This audit was conducted by SlowMist and covered various aspects of JasmyCoin's technology.
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