- The announcement of the partnership between Jasmy and Panasonic had an immediate and significant impact on the price of JasmyCoin (JASMY).
- Following the news, JASMY experienced a remarkable surge of over 12%, reaching highs of $0.023.
Jasmy, a prominent player in the cryptocurrency sphere, has unveiled a groundbreaking partnership with tech behemoth Panasonic Advanced Technology Development Co.,Ltd. The announcement sent shockwaves through the market, propelling the price of JasmyCoin (JASMY) to remarkable heights, exceeding $0.023.
This strategic collaboration, disclosed on Tuesday, March 26, is poised to reshape the landscape of Web3 technology by forging a platform that seamlessly integrates personal data with Internet of Things (IoT) devices. Hara, the Chief Financial Officer of Jasmy, took to social media platform X to share the news of this transformative alliance.
The crux of this partnership lies in the development of a Web3-based platform that facilitates the secure storage and exchange of personal information, harnessing the synergy between individuals’ data and IoT devices. According to a press release detailing the collaboration, the platform will leverage Jasmy’s innovative ‘Personal Data Locker’ alongside Panasonic’s unparalleled expertise and technology in the realm of IoT.
The primary objective is to craft a dynamic platform that prioritizes agility in development, underpinned by Web3 technology. By amalgamating agile development methodologies with cutting-edge Web3 solutions, the platform aims to expedite its rollout and attract a diverse array of users spanning various sectors.
While specifics about the partnership remain undisclosed, the impact reverberated across the crypto market, igniting a surge in JASMY’s value by over 12% during early trading on Tuesday. The coin reached impressive heights, surpassing $0.023, with a staggering $203 million in trading volume over a 24-hour period.
This surge in price marks a significant milestone for JASMY, which has witnessed a meteoric rise of more than 750% since its all-time lows in December 2022. Despite its recent attention from investors, the current valuation of JASMY remains far from its pinnacle, having reached a staggering high of $4.79 in February 2021. As the partnership between Jasmy and Panasonic unfolds, the crypto community eagerly awaits further developments in this pioneering venture.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
