I see a lot of videos on YouTube lately about Jasmy, does anyone know where they hype has come from and if it is worth investing?
I have spent the last 5 months or so buying the dip in coins I already own to reduce my average buy but now thinking of adding a couple to my portfolio while prices are low and wondering if Jasmy is worth it.
See brief description below I have taken from internet.
The Jasmy project: As the first Japanese blockchain project, Jasmy provides a platform that looks to decentralize device and data coordination processes by using unique computing techniques and providing data security. The project offers some interesting data storage solutions for businesses and individuals alike.
I looked at it and haven't been this confused for a while.
White paper is in Japanese only, which seems weird approach for any future adoption. So i am assuming if you invested you must know some where to get more info.
From the English on their web pages i get that their whole idea seems to be all over the place. I don't have a clue what they have build already and how this Jasmy IOT platform is supposed to work.
Are they giving people a way to sell their customer data as behavior and consumption patterns to companies?
Trying to monetize big data via blockchain isn't anything new but i never got the idea why anyone would be interested on that. If you try to sell your own data via blockchain, how much you think it's going to be worth exactly?
And why is the blockchain even needed for this? Is your customer data really such a high op sec that you need decentralized ledger and military level encryption to protect it? Yet everyone gives it for free for most the phone apps and web pages that can sell it forward without you knowing it.