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JasmyCoin (JASMY) Soars 12% Sequel to Panasonic Partnership

Release: 2024/03/27 19:41 Reading: 698

Original author:Coingape News Media

Original source:https://coingape.com/?p=187934

In the wake of a monumental announcement, JASMY experienced an impressive surge in price, soaring by over 12%. This significant increase underscores the market’s enthusiastic response to the partnership between JASMY and Panasonic, highlighting the anticipation surrounding the forthcoming developments in IoT technology.

At the heart of this partnership lies a shared vision to bridge the gap between decentralized databases and IoT devices. By leveraging Jasmy’s cutting-edge Personal Data Locker (PDL) technology alongside Panasonic’s extensive know-how in IoT, the stage is set for the development of an innovative platform that promises to revolutionize the way data is managed and utilized in the IoT landscape.

Features and Benefits of the IoT Platform

The forthcoming IoT platform, born out of the collaborative efforts between JASMY and Panasonic, boasts a plethora of features designed to push the boundaries of blockchain and IoT integration. Agile development methodologies coupled with Web3 technology form the bedrock of the platform, ensuring a dynamic and responsive ecosystem that is primed for innovation.

Central to the platform’s appeal is its inherent openness. By embracing a philosophy of inclusivity, the platform welcomes a diverse range of user applications, fostering a rich ecosystem of collaboration and creativity. This versatility extends beyond mere functionality, with the platform offering compatibility across a wide spectrum of industries and use cases. From healthcare to logistics, the possibilities are limitless, promising increased efficiency and effectiveness in service delivery and application deployment.

Also Read: FTM Price Jumps 20% Amid Launch of New Scalability Solution Fantom Sonic

Market Response and Price Surge

Unsurprisingly, news of the JASMY-Panasonic partnership sent shockwaves through the market, resulting in a flurry of activity and a significant surge in JASMY’s price. Investors wasted no time in capitalizing on the excitement, driving the price of JasmyCoin up by an impressive 11.30% in the wake of the announcement.

As of the latest market data, the live price of JasmyCoin stands at $0.0236, with a staggering 24-hour trading volume of $188.5 million. With a market cap of $1.1 billion and a circulating supply of 49.3 billion coins, JASMY has firmly established itself as a force to be reckoned with in the world of cryptocurrency.

This surge in price, coupled with the overwhelming investor sentiment, serves as a testament to the confidence and optimism surrounding the JASMY-Panasonic partnership. As the development of the IoT platform gathers momentum, all eyes are on JASMY, poised to usher in a new era of innovation and collaboration in the ever-evolving landscape of blockchain and IoT technology.

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