Cryptocurrency Q&A
What network is Jasmy on?
What network is Jasmy on?
Lorenzo
Tue Jun 18 2024
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6 answers
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Could you please elaborate on the question, "What network is Jasmy on?" I'm particularly interested in understanding the technological backbone that Jasmy utilizes. Could you provide details about the specific blockchain or distributed ledger technology it's built upon? Additionally, I'm also curious about the advantages and disadvantages of the chosen network for Jasmy's operations and its impact on the overall performance and scalability of the platform. Thank you for your clarification.
6 answers
BlockchainMastermind
Thu Jun 20 2024
JASMY, an Ethereum-based token, serves as the backbone of Jasmy, a pioneer in developing IoT ("Internet of Things") platforms. This token not only represents a financial asset but also powers the organization's innovative technological solutions.
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Lucia
Thu Jun 20 2024
The core objective of Jasmy is to revolutionize the way devices and data are coordinated. In contrast to traditional methods that rely on centralized servers, Jasmy advocates for a decentralized approach.
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Tommaso
Wed Jun 19 2024
To achieve this decentralization, Jasmy leverages edge computing, a technology that distributes processing power and data storage closer to the edge of the network. This approach enhances efficiency and scalability.
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MatthewThomas
Wed Jun 19 2024
Furthermore, Jasmy stores data on IPFS, a decentralized storage network. IPFS enables secure and efficient data sharing without relying on centralized servers, thus promoting privacy and security.
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Gianluca
Wed Jun 19 2024
By combining edge computing and IPFS, Jasmy creates a robust ecosystem where devices and data can interact seamlessly without the need for centralized control. This approach not only enhances performance but also aligns with the principles of decentralization and blockchain technology.
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