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JASMY has great potential in the field of Web3.0 data application

As the concept of Web 3.0 gradually becomes clear, data application fields such as privacy computing, secure information transmission, and data information storage have gradually begun to be strengthened and improved, becoming a new generation of potential projects. In the Web 3.0 data application field, there are the Sony-backed Jasmy has the potential of Center, and they are committed to developing and providing data security and sharing services in the new network era.

What is Web3.0?

The current mainstream view defines Web3.0 as a semantic network, which is a combination of three technologies: artificial intelligence, blockchain and the Internet of Things. Blockchain can help build mechanisms based on algorithms to ensure trust and value transfer, enabling such large-scale collaborative and interactive networks to operate. The Internet of Things can make connections more abundant and data collection more real-time. Artificial intelligence can automate and intelligentize data processing. The combination of these cutting-edge technologies will bring about changes in new business models and upgrades in application paradigms in the Web 3.0 era. From a centralized application form to a distributed application form.

In the definition of Web3.0 network, it always revolves around “data”, and Web1.0 and Web2.0 networks also revolve around “data”, but there are essential differences between them. Web1.0 and Web2.0 are centralized application form, Web3.0 is a distributed application form. The open protocol of Web1.0 makes today’s Internet possible, but the storage protocol of Web1.0 data and the data-based computing protocol are not perfect. Web2.0 technology giants have further improved these missing protocols, but these protocols are basically not open source, so that there are so many potential problems with Internet data today. The core reason is that data is regarded as the core asset of enterprises. The data and data usage rules are completely controlled by the enterprise, and ordinary users have no right to participate in it. Today, from the perspective of Web3.0, if the data depends on people or institutions, the above phenomenon will inevitably occur, and if the data itself relies on open protocols and mathematical algorithms, it is possible to solve the above problems.

So in recent years, there have been leaders on the Internet shouting thought-provoking slogans:

  • A16z’s Chris Dixon: “Rebooting the Internet”.
  • Gavin Wood said: “Today’s internet is broken by design.”
  • Ando Guowei, Chairman of Jasmy, proposed: “Today, a large amount of data generated in people’s lives is occupied by some companies. The purpose of our platform is to return the data sovereignty that should belong to individuals to the owner of the data, and every data is You can use it with confidence. To this end, we integrate blockchain technology into the Internet of Things to provide the most suitable platform for customers all over the world with unprecedented novel ideas and cross industry barriers.”

What role does Jasmy play in Web3.0?

Data is regarded as a factor of production in the network era. Jasmy makes data completely in the hands of users through technical means, which is an indispensable and important part of building a Web3.0 network ecosystem. Jasmy has a key concept in the development process. The data of individuals, enterprises and even the whole society must need a “place”, so that its value can be recognized by the society. This value is not determined by some companies with absolute power in the centralized world so far, but is established in the environment of autonomous decision-making in the decentralized world, the Jasmy platform needs to have the ability to nurture value for the data that has been generated function of the place.

At present, in the Web2.0 ecosystem, the data is owned by the platform, and the profits generated from any mining and processing of the data are owned by the platform. In such a business economic model, the platform will eventually become a monopoly. Users use their own privacy, personal data In exchange for services, some occupations that depend on the platform for survival do not have the right to formulate rules on the distribution of benefits on the platform. For users, their data (factors of production) are not in their own hands, which is tantamount to taking the land from the farmers, Jasmy acts as a reformer in the Web3.0 network, providing data security sharing services for Web3.0 users, returning the data to users through technical means, allowing farmers in the Web3.0 world to use For their own lands, these lands (data) will yield rich fruits.

The “personal data locker” technical service has been mentioned in Jasmy’s many AMA events and the product release news of Jasmy Secure PC. We learned that this is one of Jasmy’s patented technologies. Later, Jasmy joined hands with Witz, a well-known travel service provider. The joint development of the TISIWIT system has also confirmed this, as we have seen commercial applications based on the TISIWIT system.

So, how did Jasmy return data ownership to Web3.0 users, we learned that Jasmy provides locked storage lockers (“personal data lockers”) for keeping personal data in a distributed storage system, which is the basis of the Jasmy platform serve. Individual users can not only store and manage important personal data in this storage cabinet, but also freely decide the scope and period of providing personal information when personal data is connected to the enterprise.

The personal data locker is a distributed storage service based on the P2P network, and its main function is to provide for service. That is, the file itself will be stored in the distributed storage system, and the hash value of the file will be recorded on the blockchain, indirectly using the storage method of the blockchain. In this way, when the user’s personal ID is directly stored on the blockchain JasmyNet, the authorization speed will be reduced due to the large file size, and the cost of using the blockchain will increase. One of Jasmy’s core technologies, SKC, is the service developed to create the above-mentioned personal data cabinet and realize “data value sharing”, allowing individuals to control, manage and track their own data.

It is also free to decide whether to provide personal data to enterprises and conduct data tracking management. For enterprises or organizations, when receiving data and authorization from users, it is not necessary to always maintain specific information that can identify the subject, but only appropriate use of necessary information according to needs, so as to ensure that the right to use data is always in the hands of In the hands of users, it can effectively solve the problems of Web2.0 user data leakage, data loss, tampering, censorship, packaging and sales, and data silos between industries, and provide safe data sharing services for the open Web3.0 network ecosystem.

About Jasmy:

Jasmy is a Japanese company that develops and provides data security and sharing services in the Internet of Things era. JasmyCoin is the first local cryptocurrency approved to be listed on a Japanese digital currency exchange, and the first legal and compliant digital currency in Japan. At present, more than 50 trading platforms such as Coinbase, BITPoint, Binance, Huobi etc., have been launched. And it have reached cooperation agreements with more than 20 companies such as Nexstgo, Aplix, Japanius, Witz, MetaVisa, etc. Its self-developed JasmyPersonalDataLocker system has been put into commercial use. Jasmy’s move has promoted the commercialization of Japan’s blockchain technology, which is of epoch-making significance for the prosperity and development of Japan’s cryptocurrency market, and is known as the “Bitcoin” of the new era of Japan’s encryption industry.

To gain more information——

Official website: http://www.Jasmy.co.jp

Twitter: https://twitter.com/Jasmy_league

Telegram: https://t.me/OfficialJasmyUniverse

Facebook: https://www.facebook.com/Jasmyleague/

Medium: https://medium.com/Jasmy-league

GitHub: https://github.com/JasmyCoin/JasmyCoin

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