JASMY Crypto: An Ethereum Token For IoT

Crypto Beat
Coinmonks

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Photo by Traxer on Unsplash

JASMY is an Ethereum token that powers Jasmy, an organization that develops IoT (“Internet of Things”) platforms. Rather than coordinating networks of devices and data through centralized servers, Jasmy aims to decentralize the process via edge computing and storing data on IPFS, a decentralized storage network.

Jasmy is a platform that is built on Ethereum and the InterPlanetary File System (IPFS). It is designed to allow users to build and deploy IoT applications that are secure, reliable, and scalable. It makes use of edge computing to provide a distributed infrastructure that is both secure and cost-effective. By decentralized the process, Jasmy is able to provide a more secure environment for data storage and communication.

What is IoT?

The Internet of Things (IoT) is a concept that is becoming increasingly popular in the modern world. It is the concept of connecting physical objects such as appliances, sensors, and vehicles to the internet. This enables them to collect, send, and receive data autonomously.

IoT is becoming increasingly prevalent in our lives, from home security systems to smart cities. It is estimated that by 2021, over 30 billion IoT devices will be connected to the internet.

What is Edge Computing?

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