Panasonic, the renowned tech giant, has joined forces with Jasmy (JASMY) blockchain to introduce a groundbreaking Web3 platform that will facilitate the seamless connection of personal data on the Internet-of-Things (IoT). The collaboration between the Japanese-based blockchain and Panasonic Advanced Technology was initiated in February, but the official announcement was made on March 26.
The newly developed platform, based on Jasmy's innovative Personal Data Locker product, aims to provide a secure data storage solution while granting users full control over access to their data. Additionally, it aims to enhance data processing and reaction times. The platform will adopt agile development methods coupled with Web3 technology, with a strong emphasis on speed. The intention is to create an open platform that can be widely utilized in various fields. Through this approach, the project envisions recruiting a large user base and fostering broad adoption. Source: Yahoo Finance
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