Data democracy is the cornerstone of Web3.0 development, JASMY will invest in the field of Web3.0
On April 20, the editorial department of HUPRO, a well-known Japanese technology company, interviewed Mr. Hiroshi Harada, who is active in the field of crypto assets with great potential. As the chief financial officer of Jasmy Co., Ltd., he is responsible for listing and using crypto assets to build a unique Mr. Hiroshi Harada of Economic Zone Mission said: “We will invest in the Web 3.0 field, which is a growing industry, and as the CFO of a commercial company, we will be at the forefront of the case for listing crypto assets.”
Since Mr. Hiroshi Harada joined Jasmy Co., Ltd. as CFO in January 2020, we have witnessed Jasmy’s conviction journey to the top, standing at the forefront of crypto asset listing cases.
Now, we will follow Mr. Hiroshi Harada’s quotes to review Jasmy’s great achievements in the blockchain industry in the past two years, as well as his prospects for the future.
Jasmy (JMY) is the first Japanese blockchain project approved to be listed on the Japanese digital currency exchange BITPoint. It is the first legal and compliant digital currency in Japan, which is of epoch-making significance for the Japanese digital currency market. Jasmy also became famous in one fell swoop, known as the new generation of “Bitcoin” in Japan.
Comparing 5 continents, 24 major countries (including China, Japan, South Korea, Singapore, Cambodia, Thailand, India, Israel, Malaysia, the Philippines, the United States, Canada, Brazil, Switzerland, the United Kingdom, Germany, France, Russia, the Netherlands, Sweden, Australia, and South Africa, etc.) blockchain policies, because they basically cover the policy attitudes towards cryptocurrencies in various regions, with a certain generality, we will find:
The U.S. government takes a positive attitude towards digital currency regulation, and defines cryptocurrency as an invisible property (private property) and a means of payment, which can be freely circulated. Some states recognize cryptocurrency as legal currency; the Korean government accepts blockchain-based foreign currency remittance services are prohibited from raising funds through various forms of virtual currency such as ICO; Russia and China have ordered to prohibit the use of encrypted digital currency as a means of payment in the territory (currently Russia may relax regulation due to political factors); the Japanese government strongly supports digital currency, It makes the trading of cryptocurrencies such as Bitcoin free, and it is clear that virtual currency transactions are regulated by the Financial Services Agency of Japan. Applying to open an exchange in Japan requires strict qualification review, and the listing of new digital assets on the exchange also needs to be reviewed and approved by the Financial Services Agency. The country with the strictest and most prudent regulations on the listing and trading of cryptocurrencies so far.
Relevant information shows that Japan has officially listed encrypted assets as equivalent to bank wealth management products or stocks and other negotiable securities in the “Revision of the Financial Products Citation (Transaction) Law” and the “Revision of the Financial Product Sales (Sales) Law” enacted in 2019. The same financial commodity, that is to say in Japan, crypto asset trading = stock listing.
When it comes to the difficulty of listing and trading cryptocurrencies in Japan, I have to say the history of Bitcoin ETF listing. Bitcoin Strategy ETF is the first Bitcoin ETF. It has submitted applications many times in 8 years, and after waiting for 8 years, it has defeated many opponents, became a milestone event in the currency and ETF industry. After this opening was opened, different Bitcoin futures EFTs were listed on the Nasdaq in the United States. The listing of Bitcoin ETFs is no longer a fantasy. At the same time, Jasmy was listed on BITPoint in Japan. From submitting the proposal to the official listing, it went through a complex review process for a year, and also defeated many competitors, but there is one thing that deserves our deep consideration. After the success of Jasmy, so far, no second Japanese local digital currency has been successfully listed on the Japanese exchange, which also verifies that the Japanese government has not relaxed its attitude towards the legal supervision of cryptocurrencies, and also shows that Jasmy is a unique and powerful company.
Japan has strict and complete laws and regulations, which can comprehensively protect the legitimate rights and interests of investors, so that digital currency payments can be used anytime and anywhere in Japanese shopping malls and daily life. Jasmy’s listing on Japanese exchanges means that its legal Payment status, news and payment methods similar to “Sagan Tosu’s official website announced that it has received part of the contract funds for cooperation with Jasmy, and is settled in the encrypted asset JMY (JasmyCoin).” will become the norm.
The listing of BITPoint Exchange has become the beginning for many people to know and invest in Jasmy. In addition, Jasmy has carried out a lot of business cooperation and technical research and development in the past two years.
In terms of exchange listing, it has achieved amazing results. Mr. Hiroshi Harada mentioned: “As of the end of March this year, it has been listed on 36 exchanges. Now almost all of the world’s top 10 exchanges are listed, which is a great deal for Japanese companies. It is a unique pace.” These include the US-listed exchange Coinbase, the world’s largest exchange Bitpoint, etc.
In terms of business cooperation and technology research and development, we have reached an agreement with Aplix, which develops IoT platform product solutions, to start research and development cooperation and implement demonstration experiments; set up a joint laboratory with Witz & Co., Ltd. to create a future society, aiming to accelerate Jasmy business cooperation process; started R&D cooperation and the implementation of demonstration experiments with Koozyt, Inc., based on the existing blockchain technology, to create a new application architecture engine KJ Engine; The team has become the world’s first IoT project to apply blockchain technology to the league field. In addition, it has also cooperated with Japan’s largest call center — Transcosmos, a MaaS solution provider for Toyota and Panasonic, and the famous notebook computer brand VAIO. Mr. Hiroshi Harada also mentioned: “Jasmy was originally a member of Sony’s management team and other important positions, so I can always work with a sense of tension, and I try to find how to absorb it well every day. Create your own value while maintaining Sony culture.” With such a wide range of business cooperation channels and team background, Jasmy’s future is more and more worth looking forward to.
At present, the number of followers of Jasmy’s official account “@JasmyMGT” exceeds 100,000, and its influence is increasing day by day, and the number of holding addresses is about to exceed 25,000. The average daily trading volume is over $1.8 billion, and the market capitalization in circulation is $125 million.
We believe that the core elements of the future Web3.0 network lie in development tolerance, community autonomy, data security, interoperability between different applications, and sustainable development relying on open data and information. Openness and inclusiveness mainly refer to open protocols, open functions and open data; community autonomy refers to the emerging DAO governance that is different from traditional corporate management schemes, democratic decision-making with more decentralized power, and sharing of interests and values; data security Refers to including information and personal privacy data through cryptographic technology to drive privacy computing, secure storage and digital identity to ensure the security of our personal data, we know that Jasmy has done a good job in this regard; interoperability refers to the same as the open protocol in Web1.0, which can be freely operated and invoked between different applications. At present, we can see that addresses under the Ethereum ENS domain name can be used on many Ethereum-based DAPPs; sustainable development refers to the return of data ownership on the network Under the premise of individuals, the value of IP influence, credit, content creation and other information data reflected by user data can continue to accumulate, forming data that can generate revenue, and a virtuous circle in the Web3.0 network ecosystem.
Because of the maturity of blockchain technology, Web3.0 has many interesting things to look forward to, as Mr. Hiroshi Harada said: “This is a developing industry”. Jasmy was born for data democracy, and Web3.0 is based on data democracy. Jasmy will not only stand at the forefront of crypto asset listing cases, but also be the cornerstone of the high-rise building of Web3.0.
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