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Hiroshi Harada: Mr Accountable at the centre of Jasmy’s next act

  • Aug 15
  • 8 min read

Research updated to 15 August 2026.

My central conclusion: if Kyohei Ito is becoming Jasmy’s visible product builder, Hiroshi “Hara” Harada appears to be the man constructing the financial, corporate and commercial machinery around those products. He is accountable and needs to answer some critical questions (listed at the end of this blog).


Hara did not begin his career in a crypto incubator. He began inside KPMG AZSA, auditing listed companies, examining internal controls and helping businesses prepare for IPOs. Today, he simultaneously occupies senior positions inside Jasmy, JasmyLab and the publicly listed Remixpoint. That combination makes him one of the most consequential, and most complicated, people in the wider Jasmy ecosystem.


Hara at a glance

Current position

Organisation

What it places near him

Director and CFO

Jasmy Incorporated

JASMY, Personal Data Locker, finance, capital policy and investor relations

Representative director

JasmyLab

JANCTION, GPU Pool, Smart Render, Edge DataCenter and JasmyChain

Director and head of Digital Asset Management

Remixpoint

Approximately 1,501 BTC, digital-asset strategy, DEEPPOINT and listed-company capital

Representative/director

HRD Sogo Jimusho and his CPA practice

IPO, M&A, fundraising, taxation and startup advisory work

These are not speculative community connections. The concurrent positions are listed on the official Jasmy and Remixpoint websites.




The unlikely career pivot

Year

Development

2008

Graduated from Tokyo Metropolitan University, passed the CPA examination and joined KPMG AZSA

2012

Registered as a certified public accountant

2018

Says his Web3 involvement began with writing Jasmy’s white paper

2019

Established his own professional practice and began working with Remixpoint through crypto

2020

Formally became Jasmy’s CFO

2023

Registered as a tax accountant, became a Jasmy director and founded JasmyLab

2025

JANCTION completed a seed round and released its original Layer-2 testnet

January 2026

JasmyChain entered mainnet operation using JASMY as gas

April 2026

Joined Remixpoint’s President’s Office

June 2026

Became a Remixpoint director and head of Digital Asset Management

July 2026

DEEPPOINT pre-launched and Remixpoint signed a strategic agreement with JAIC

August 2026

JasmyLab unveiled a substantially expanded compute-focused corporate site; Remixpoint published its first quarterly results under the new structure


Hara says the idea behind JANCTION reaches back to his involvement in Jasmy’s 2018 white paper: decentralisation should puncture platform monopolies and cause “price destruction”. That predates his formal January 2020 appointment as CFO, suggesting he was involved in Jasmy’s intellectual architecture before joining its executive team.


JANCTION’s funding announcement identifies Cogitent Ventures, DWF Labs, MH Ventures, Waterdrip Capital, Web3Labs and others as seed supporters, although it does not disclose the amount raised.


What changed in 2026?

Development

What is confirmed

Why it matters

JasmyChain mainnet

Arbitrum Orbit-based EVM Layer 2 using JASMY as its custom gas token

Gives JASMY a direct technical function rather than relying solely on ecosystem narratives

Expanded GPU network

JANCTION announced access to approximately 25,000 Swan Chain compute resources, including CPUs

Expands potential supply, although access is not the same as paid utilisation

Compute Finance

Hara presented GPUs as “Compute Capital” that could potentially attract direct investment

Connects his financial background with JANCTION’s physical infrastructure

Smart Render

JasmyLab is moving from general GPU rental towards parallel rendering for animation, 3DCG and film

A clearer customer problem than an abstract “AI blockchain”

DEEPPOINT

Live media, databases and tools connecting technology, capital and business

Could become Hara’s deal-discovery and commercial-matching engine

JASMY–JCT convergence

Hara says he wants to bring the two ecosystems closer

Potentially important, but measurable transaction and revenue flows remain undisclosed

JPYD and SuperWallet

Hara described them as part of the intended ecosystem

Still a declared architecture—not a confirmed stablecoin launch


The refreshed JasmyLab website now presents a much more coherent business: Smart Render, GPU Pool, Edge DataCenter, JasmyChain and JANCTION are positioned as one compute stack. It claims access to thousands of GPUs, savings of up to 83% and four implementation cases. The gritty qualification is that the case studies are anonymised. They describe work involving a major electronics manufacturer, a production studio and an educational institution, but outsiders cannot currently verify the customers, contract values, utilisation or revenue.


Hara’s four-asset architecture

Component

Intended job

Present evidence

Missing evidence

JASMY

JasmyChain gas; base asset for token issuance

Live as JasmyChain’s custom gas token

Transaction volume, enterprise demand and gas consumption

JCT

JANCTION’s compute-oriented ecosystem token

Launched and exchange-traded

Precise relationship between GPU revenue, rewards and token demand

PDL / SuperWallet

Identity, consent, authentication and personal-data control

Hara says PDL is evolving into a versatile authentication wallet

Public launch, users, integrations and commercial pricing

JPYD

Yen-denominated settlement layer

Hara says JASMY will support the JPYD architecture

Licensed issuer, chain, contract address, redemption terms and reserves


Hara’s most revealing statement came in June. He said JASMY would become the base currency for corporate token issuance and JPYD, while PDL would evolve into a tentatively named “SuperWallet”. He also said the JASMY and JANCTION ecosystems would interact. His statement is publicly mirrored here.


Hara's statements include the following quotations:


Hara’s statement

My interpretation

“This year, we will demonstrate our progress through results.” 1 January 2026

This is effectively a self-imposed transition from narrative to measurable execution. The appropriate test is therefore not the number of announcements, but observable outputs: deployed products, enterprise customers, recurring revenue, active users, GPU utilisation and JasmyChain transactions.

“JasmyChain Mainnet is now LIVE. EVM-compatible on Arbitrum Orbit, with $JASMY as the gas token.” 17 January 2026

This is the clearest statement of direct token utility. Every genuine transaction on JasmyChain requires JASMY for gas. However, infrastructure availability alone does not create substantial demand; applications, users and transaction volume must follow.

“Let’s build real-world Web3 from Japan to the world.” 17 January 2026

Hara is positioning JasmyChain as commercially oriented infrastructure rather than a purely speculative blockchain. The emphasis on “real-world” suggests enterprise, municipal and consumer applications, while “from Japan to the world” signals international ambition rather than a permanently domestic ecosystem.

“Leveraging Jasmy’s technology infrastructure, we will be able to provide flexible e-money services through Aplix.” 20 January 2026

This indicates a functional division: Jasmy supplies technology while Aplix provides the regulated commercial vehicle. It is evidence of Jasmy’s infrastructure entering a compliant payment product, but it does not establish that the e-money is JASMY-backed, settled on JasmyChain or economically linked to the token.

“It took some time, but we will continue to make steady progress.” 20 January 2026

The wording acknowledges regulatory or operational delay while presenting the Aplix registration as evidence of persistence. It also reveals Hara’s preferred execution model: incremental institutional progress rather than rapid, publicity-led deployment.

“JANCTION is now scaling into the next stage.” 31 January 2026

This suggests JANCTION believes it is moving beyond initial development or validation toward broader deployment. Nevertheless, “scaling” remains qualitative unless supported by GPU capacity, paying customers, utilisation, revenue or completed workloads.

“For the 2026 fiscal year, I’m considering whether we can generate 100 Proofs of Concept (PoCs) using everyone’s collective strength.” 31 January 2026

The proposed target signals an aggressive ecosystem-development strategy: maximise experimentation, identify viable use cases and convert the strongest into products. The phrase “I’m considering” is important—it expresses ambition, not a formal corporate commitment. Moreover, PoCs measure activity, not commercial adoption.

Distributed rendering

“We would like to conduct broad testing of JANCTION’s distributed-rendering service this weekend.” 21 July 2026

This is more concrete than a general roadmap statement because it identifies an actual service entering wider testing. Nevertheless, Hara’s wording; “would like to”, is intentionally provisional. Confirmation requires published test results, participating users, completed rendering workloads or commercial conversion

Jasmy Lab and JANCTION

“Under our vision of ‘democratizing access to computing resources,’ we introduce our products and initiatives built on #JANCTION.” 24 July 2026

Hara is framing JANCTION as the operating infrastructure behind Jasmy Lab’s emerging products, particularly distributed GPU services for AI, 3DCG and video production. The significant question is whether those services generate revenue and whether their settlement architecture produces activity on JasmyChain or demand for JASMY.

Upbit warning:

“We are currently addressing this matter. I apologise for causing concern.” 1 August 2026

This confirms that Jasmy was actively engaging with the Upbit issue at that stage. However, it does not identify the exchange’s specific concerns, describe the corrective measures or claim that the matter had been resolved. I cannot find a later Hara statement explaining why trading support was ultimately terminated. Hara confirmed that action was being taken, yet no publicly discoverable follow-up from him currently explains the failure to prevent delisting. That distinction should be stated plainly in any serious profile. If there is one thing that is intolerable, it is someone not sticking to their word. I hope to see Hara's second apology soon.


That is a serious declaration of intent, but it should not be mistaken for a completed system.


The JPYD website describes a fully reserved, 1:1 yen stablecoin and displays Jasmy among numerous ecosystem logos. It does not, however, publicly establish the licensed Japanese issuer, production contract, circulating supply or redemption mechanism.


There is one adjacent piece of real regulatory progress. Aplix has been registered as an issuer of third-party prepaid payment instruments, and its terms identify Jasmy as the promoter/operator of “Sagatsu! Money”. Hara linked this development publicly to JPYD. But prepaid electronic money and a transferable on-chain stablecoin occupy different regulatory categories. Aplix’s registration is important payment infrastructure; it is not proof that JPYD has legally launched as a stablecoin.



Remixpoint changes the scale of Hara’s role

Hara entered Remixpoint’s President’s Office in April and became a director on 25 June. He now oversees its Digital Asset Management division.

The latest figures make this a real operating responsibility:

Remixpoint: April–June 2026

Result

Group revenue

¥6.035 billion

Operating result

¥1.717 billion loss

Net result

¥1.774 billion loss

Crypto valuation loss

¥1.945 billion

Digital-asset yield revenue

¥78 million

BTC held at 30 June

1,501.27086805 BTC

The loss was driven substantially by mark-to-market crypto movements rather than the disappearance of operating businesses. Nevertheless, Hara now owns the public-company challenge of explaining how volatile treasury assets, lending income, risk limits and new deep-tech ventures create durable shareholder value. The figures appear in Remixpoint’s 14 August quarterly results.


Remixpoint is also restructuring. It proposes transferring 51% of its electricity-retail subsidiary to H-Power Holdings while retaining 49%, and is negotiating a wider capital and battery partnership with Hikari Tsushin. This does not establish a Hikari–Jasmy partnership. It does show Remixpoint reallocating resources towards batteries, digital assets and new growth areas; the environment in which Hara’s mandate is expanding. Subsidiary-transfer agreement; Hikari partnership.


DEEPPOINT may be Hara’s most strategic creation

DEEPPOINT initially resembles a technology publication. Its actual ambition is considerably larger. It already provides startup-funding, investor, grant, event and digital-asset databases.


The roadmap includes community features and an integrated company database. Hara is formally identified as business lead, responsible for investment, fundraising, partnerships and deep-tech company growth. Ito is development lead. DEEPPOINT’s team and platform description.


Remixpoint’s agreement with Japan Asia Investment Corporation envisages using DEEPPOINT to discover companies and create opportunities for matching, fundraising, investment, M&A and joint ventures. The release explicitly warns that no individual investment is guaranteed and that the near-term financial impact is expected to be minor. Official JAIC agreement.


That caveat matters. DEEPPOINT is presently a functioning media and data product—but its transformation into a commercial growth platform remains a thesis.


The questions Hara now needs to answer

Unresolved issue

The question that matters

Corporate structure

Who owns JasmyLab, and what is its precise legal and financial relationship with Jasmy?

Multiple senior positions

How are conflicts, related-party opportunities and executive time managed across Jasmy, JasmyLab and Remixpoint?

Token economics

Which products actually consume JASMY or JCT, and where are the usage dashboards?

JPYD

Who issues it, under which licence, on what chain and with what redemption rights?

L1 versus L2

How do JANCTION’s “proprietary Layer 1” verification-node announcements relate to JasmyChain’s Arbitrum-based Layer 2?

Architecture changes

Why did the project move from an OP Stack/AltLayer direction to Arbitrum Orbit, and what happened to earlier integrations?

Commercial proof

How many paying GPU and rendering customers exist, and what are utilisation, retention and gross-margin figures?

Remixpoint risk

What limits govern custody, lending counterparties, treasury concentration and valuation exposure?

None of these questions proves that anything is wrong. They arise because Hara’s ecosystem is becoming more complex, more interconnected and more financially significant.


My verdict

Hara is no longer merely “the Jasmy CFO”.

He is becoming the ecosystem’s capital architect: an auditor who learned token markets, a CFO who founded infrastructure, a private-company chief who entered a listed-company boardroom, and a business developer attempting to connect identity, compute, energy, digital assets and investment discovery.


That is exciting, but it also raises the standard by which he should be judged.

Announcements are no longer enough. The next stage requires named customers, transparent corporate relationships, coherent token economics, measurable chain activity, licensing clarity and recurring revenue.


If Ito builds the products, Hara’s job is to make them investable, governable and commercially real. In 2026, he has never been closer to doing that, or more publicly accountable for the outcome. #Hara #Jasmy #Remixpoint #DEEPPOINT #JPYD #Janction

 
 
 

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