JasmyCoin Price Soars Amid Partnership with Tech Behemoth: Analyst Predicts JASMY’s 80% Rally, Here’s His Outlook
Blockchain firm Jasmy has announced a collaboration with electronics company Panasonic. According to information shared with BSCN, the two will create a Web3 platform connecting individual data with Internet of Things (IoT) devices.
What you'll learn 👉
Leveraging Personal Data Lockers
The platform will leverage Jasmy’s ‘Personal Data Locker’ feature, which provides secure online storage for personal information along with usage systems. Moreover, it will incorporate Panasonic’s technological prowess and IoT experience. “This platform will incorporate agile development methods with Web3 technology, emphasizing speed in its development,” the release stated.
By utilizing this platform, the companies aim to create services compatible with various devices and significantly enhance app and service development efficiency. Consequently, users will gain control over their data, allowing them to “share data under their own will, while maintaining security.”
Addressing Data Ownership Concerns
Currently, vast amounts of user data are owned and used by various companies worldwide without user consent or control. However, with Jasmy’s new platform, individuals will have a say in where and how their data is used and stored, addressing long-standing concerns over data ownership and privacy.
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Show more +Jasmy’s Price Surges
The news of the Panasonic partnership has had a significant impact on Jasmy’s native cryptocurrency, JasmyCoin (JASMY). According to CoinGecko, JASMY’s price surged by 11.51% in the last 24 hours and 40.80% in the past 7 days, trading at $0.02338 at the time of writing.
Additionally, according to Captain Faibik, JASMY is breaking out of a symmetrical triangle pattern on the 4-hour timeframe chart. This technical pattern is often seen as a continuation signal, with the breakout suggesting the previous trend will resume. In this case, Faibik expects a bullish continuation rally of 60-80%.
Further details of the Jasmy-Panasonic collaboration will be announced in the future. However, this partnership has already positioned Jasmy as a significant player in the Web3 and data ownership space.
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