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Home » Jasmy and Panasonic Collaborate to Pioneer Secure Web3 Data Platform

Jasmy and Panasonic Collaborate to Pioneer Secure Web3 Data Platform

Fostering Innovation Through Data Integration and Security

Kelly Cromley by Kelly Cromley
Mar 28, 2024
in Market News, News
Reading Time: 2 mins read
0
jasmy-incorporated-partners-with-panasonic

Jasmy Incorporated and Panasonic Advanced Technology Development Co., Ltd. have recently joined forces to develop a platform that integrates personal information with data from smart devices. The primary focus of this collaboration is to ensure the secure handling of data while delivering innovative solutions to users.

Integrating Personal Data Management with IoT Technology

The platform merges Jasmy’s Personal Data Locker (PDL), an online storage system designed for managing personal information, with Panasonic’s proficiency in Internet of Things (IoT) technology. This integration of blockchain and IoT technologies ensures the secure and efficient processing of data, offering users peace of mind regarding the handling of their information.

Accelerating Platform Development with Agile Methods and Web3 Technology

The collaborative effort will employ agile development methods and leverage Web3 technology to expedite the platform’s release. By adopting this approach, the aim is to garner interest from diverse user segments and facilitate the development of adaptable services compatible with various devices.

Empowering Users with Secure Data Control

Previously, personal data was controlled by IT companies through online services. However, the latest PDL platform securely stores data while enabling users to share their information securely. This shift empowers individuals with greater control over their data while ensuring its protection.

Addressing the Challenges of IoT Data Handling

As the number of Internet-connected devices continues to rise, so does the volume and variety of data generated by these devices. Real-time processing and security are essential for effectively managing this influx of data.

Building Trustworthy Relationships and Secure Data Exchange

The integration of data from both individuals and devices necessitates the establishment of trustworthy relationships and the facilitation of secure data exchange. Moreover, accessible platforms and development environments are required to promote “Data Democracy” and facilitate service development.

Collaborative Solutions for Innovation and Value Creation

Recognizing the significance of these challenges, both companies have come together to address them collectively. By leveraging their respective strengths and experiences, they aim to develop a widely adopted platform that fosters innovation and value creation in the realm of data management and exchange.

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