Jasmy is cultivating a future market-Web.30

Best John
5 min readDec 26, 2021

If you have a profound understanding of Jasmy’s development in recent years, you will find that Jasmy is cultivating a future market-Web 3.0. This is a great cause that will make the future society more convenient and intelligent.

Jasmy, released the first POC (Proof of Concept) SecureKnowledge Communicator at JBC (Japan Blockchain Conference) on June 26, 2018. On December 1, 2021, released the first blockchain technology-based application “Jasmy Secure PC”, the Jasmy team have worked 1300 days and nights to put the technical theory into practice.

Jasmy’s persistence and achievements have benefited from the remarkable results achieved in the Internet of Things industry in the past ten years. Many sensors and machines are combined with the Internet to realize intelligent management and operation.

In 2013, Gubbi and others described a scenario that reflects the future IoT application of the entire world. All smart devices and objects are embedded with sensors. People can complete work, business, transactions, etc through the real-time perception of the surrounding environment and network interconnection, etc., without leaving their homes. For the first time, people feel the fascinating charm of the Internet of Things. These blueprints make people obsessed,and Jasmy is one of them.

However, with the development of the Internet of Things industry, bottlenecks such as device security, privacy protection, rigid architecture, communication compatibility, and multi-agent coordination still need to be broken through. These problems are as clear and intrusive as a mountain.

In terms of device security, MIT Technology Review rated it as the top ten breakthrough technology in 2017 “Botnets of Things (Botnets of Things)”. Distributed denial of service attacks (DDoS) launched by massive IoT devices under its control can make Dyn, an American Internet domain name resolution service provider was instantly paralyzed.

The traditional Internet of Things mainly adopts a centralized management structure in terms of privacy protection, which has many shortcomings in user privacy and secure channel transmission. For example, the US Sense Network company will extract and analyze more than 4 billion location data collected every day. Privacy information such as user’s hobbies and habits.

Almost all Internet of Things applications currently adopt a centralized architecture in terms of structural rigidity. Internet of Things operators provide data storage and exchange services through cloud server clusters for Internet of Things applications. With low-power wide-area network technology development, the future Internet of Things terminal equipment will increase exponentially. The European Commission proposes that by 2020, there will be 50 billion to 100 billion smart devices connected to the Internet and the centralized Internet of Things. The operating model is challenging to meet this rapidly growing demand.

In terms of communication compatibility, there are multiple competing standards and platforms in the IoT communication field. Taking low-power wide-area network as an example, there are solutions such as LoRa, NB-IoT, Sigfox, and Weightless. However, there are still some problems in the communication compatibility of IoT device groups using different communication methods.

The current Internet of Things is mostly self-organizing networks within operators and enterprises in terms of multi-agent collaboration. However, when collaborating across multiple operators and multiple entities, the cost of establishing credit is high.

Therefore, the five problems of device security, privacy security, centralized architecture, communication compatibility, and standard language are the insurmountable gaps in the development of the Internet of Things industry. However, with the blowout development of the blockchain industry since 2017, many talents have been refluxed. Entering has accelerated the update iteration of blockchain technology, blockchain + Internet of Things has become possible, and a series of blockchain projects such as Jasmy and IOTA has also been born for this.

At present, the application of Jasmy technology in the Internet of Things has been developed. From its active cooperation with blockchain companies, Internet of Things companies, and data service providers, it is not difficult to see that the integration of blockchain and the Internet of Things is under Jasmy. An important research direction for the next step.

Jasmy relies on its central body reciprocity, openness and transparency, multi-party consensus, difficulty to tamper with information and programmable characteristics, which will have a far-reaching impact on the technology system, infrastructure, operation mode and other aspects of the Internet of Things. Looking at the current development trend, In the next two years, Jasmy is expected to solve the business problems encountered in the development of the traditional Internet of Things, thereby breaking through the traditional business model and realizing a business circle with JasmyCoin as the core. Of course, by then, no one will think that the circulation of 50 billion JasmyCoin will be a lot!

First of all, of course, to reduce the operating cost of the traditional Internet of Things. Jasmy technology essentially uses P2P transmission to solve the problem of network bandwidth limitation and uses the computing resources, storage resources and data resources of hundreds of millions of idle nodes of the Internet of Things in a distributed manner. Thereby significantly reducing the high operation and maintenance costs of the traditional centralized architecture of the Internet of Things and promoting the flow and sharing of information.

The second is to solve the security problem of nodes under different trust domains. Jasmy’s data cabinet uses a time-stamp-based storage structure and a distributed storage mechanism, which can ultimately build a provable and traceable electronic deposit to protect data integrity. And cannot be tampered with.

Finally, the intelligent collaboration between IoT devices will be realized. At that time, Jasmy will inevitably develop intelligent contracts to turn traditional IoT smart devices into independent individuals that can be self-maintained and adjusted. These individuals can, without manual involvement, be specified in advance. Or implanted rule contracts, exchange information with other individuals, verify identities, etc. This plan is mentioned in the white paper.

Therefore, “Internet of Everything” is undoubtedly a broad market. Web 3.0 blockchain DApp pays more attention to user-centeredness. It will exclude middlemen. We don’t have to rely on huge data servers controlled by private companies. Our personal data will be more secure and private. Since there is no centralized server, all data will be spread between devices, and people can access them freely. It will create a more humane Internet world, which coincides with Jasmy’s “Platinum Data” concept.

I am looking forward to the Web.30 brought by Jasmy.

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

--

--