JPYD could eventually become an important settlement layer within the broader Jasmy ecosystem. However, understanding its potential requires separating what has been legally confirmed from what remains unannounced. The most important confirmed fact is clear: Jasmy Incorporated owns the registered JPYD trademark. This establishes a direct legal connection between Jasmy and the JPYD name. It does not, by itself, confirm that a JPYD stablecoin has launched, received regulatory approval or been deployed on JasmyChain. Nevertheless, the trademark gives us a tangible starting point for examining how JPYD could fit into Jasmy’s expanding Web3 architecture. Who owns JPYD? The JPYD word mark is registered in Japan to Jasmy Incorporated, legally recorded as ジャスミー株式会社. The available trademark information identifies: Trademark: JPYD Owner: Jasmy Incorporated Japanese owner name: ジャスミー株式会社 Application number: 2023-076951 Registration number: 6916901 Application date: July 2023 Registration completed: May 2024 This means JPYD is not simply a name invented by the Jasmy community. Jasmy possesses the registered intellectual-property rights associated with the mark. That is commercially meaningful because it allows Jasmy to protect and potentially use the JPYD brand in connection with the categories covered by the registration. However, trademark ownership should not be confused with regulatory authorisation. Does Jasmy already issue a JPYD stablecoin? There is currently no public confirmation that an operational JPYD stablecoin has been officially launched. Jasmy’s ownership of the trademark does not prove that tokens have been issued, reserves deposited or redemption arrangements established. It also does not identify the regulated entity that would legally issue the stablecoin. Under Japan’s regulatory framework, fiat-backed stablecoins are treated as electronic payment instruments. Their issuance is generally restricted to appropriately authorised institutions, including banks, trust companies and registered funds-transfer service providers. Consequently, several possible structures could be used. Jasmy might own the JPYD brand and provide the supporting technology while an authorised financial institution issues and backs the stablecoin. Jasmy could also establish or work with a separately regulated entity. Alternatively, JPYD could initially be used for a payment instrument or service that is structured differently from a fully redeemable stablecoin. Until Jasmy or an authorised partner publishes the legal and operational structure, the identity of the future issuer remains unconfirmed. Why could JPYD matter to Jasmy? Jasmy is developing more than a conventional cryptocurrency ecosystem. Its broader architecture combines secure identity, personal-data control, blockchain infrastructure and decentralised computing. A yen-denominated payment instrument could provide the settlement component connecting these different services. The potential structure can be understood as four separate but complementary layers: Jasmy: identity and data Jasmy’s core proposition is the secure management and controlled use of personal and organisational data. Its technology is designed to return control of data to its rightful owner while allowing authorised use within commercial applications. JasmyChain: blockchain infrastructure JasmyChain provides blockchain infrastructure on which applications and transactions can operate. JASMY functions as its native gas token, creating a potential source of network-based demand when genuine activity occurs. JANCTION: decentralised computing JANCTION extends the ecosystem into distributed GPU computing. It is intended to support workloads such as artificial intelligence, animation, 3D production and rendering. JCT supports JANCTION-specific services and incentives. JPYD: yen-denominated settlement JPYD could provide a stable payment mechanism for transactions involving data, applications and computing services. A yen-linked instrument would allow businesses and users to calculate costs and settle transactions without relying entirely on a volatile cryptoasset. In simple terms: Identity and data → JasmyNetwork gas → JASMYComputing services → JANCTION and JCTYen-denominated payments → JPYD This would create a more complete commercial architecture in which data, computing resources and payments operate through connected but functionally distinct layers. Would JPYD replace JASMY? JPYD would not necessarily replace JASMY because the two assets would be designed to perform different functions. A stablecoin is intended to maintain a relatively stable value linked to a fiat currency. This makes it suitable for payments, accounting, invoicing, payroll, subscriptions and commercial settlement. JASMY, by contrast, is a utility token whose potential demand depends on its use across Jasmy’s services and as the gas token of JasmyChain. A future transaction could therefore involve both assets. A customer might pay a predictable yen-denominated amount using JPYD while the underlying blockchain transaction consumes JASMY as gas. In that model, JPYD would provide price stability while JASMY would provide network utility. The commercial benefit to JASMY would depend on whether JPYD transactions actually occurred on JasmyChain and generated meaningful network activity. Merely placing the two assets within the same corporate ecosystem would not automatically create token demand. What still needs to be confirmed? Several material questions remain unanswered: Who will be the licensed issuer? What institution will hold the supporting reserves? Will each JPYD be redeemable for one Japanese yen? Will JPYD operate on JasmyChain? Will it also be issued on other blockchains? What role, if any, will JASMY play beyond paying network gas? Which businesses will accept or use JPYD? When will the service officially launch? What regulatory approvals or registrations will apply? These are not minor details. They will determine whether JPYD becomes genuine financial infrastructure or remains an undeveloped intellectual-property asset. Why the registered trademark still matters Although a trademark does not equal a product launch, Jasmy’s ownership of JPYD remains significant. It proves that Jasmy took a formal legal step to secure the name. The filing dates back to July 2023 and was registered in May 2024, indicating that the concept has existed within Jasmy’s planning for several years. The registration also distinguishes evidence from speculation. It is reasonable to say that Jasmy has protected the JPYD brand. It is not yet reasonable to claim that JPYD is live, regulated, backed by reserves or confirmed for JasmyChain. This distinction is essential for credible analysis. The larger opportunity If JPYD is eventually issued through a compliant structure and integrated with JasmyChain, it could connect three commercially important resources: trusted data, computing power and money. A business could verify a user through Jasmy’s identity infrastructure, access authorised data from a secure personal data environment, purchase computing resources through JANCTION and settle the transaction using JPYD. JASMY could simultaneously provide the gas required to execute the blockchain activity. That would move Jasmy beyond isolated technology components and towards an integrated digital economy. However, the ultimate value of this architecture will depend on adoption. Trademark registrations, technical capabilities and ecosystem diagrams do not create sustainable demand by themselves. Businesses and users must generate measurable transactions across the network. Conclusion Jasmy Incorporated owns the registered JPYD trademark. That connection is confirmed. What remains unconfirmed is the identity of the regulated issuer, the reserve and redemption structure, the official launch date and whether JPYD will operate on JasmyChain. JPYD therefore represents a credible strategic possibility—not yet a completed stablecoin product. If Jasmy successfully combines JPYD with its identity, data-management, blockchain and decentralised-computing infrastructure, the result could be a comprehensive commercial ecosystem: Jasmy protects identity and data.JANCTION supplies computing resources.JasmyChain provides blockchain infrastructure.JASMY pays network gas.JCT supports JANCTION services.JPYD provides stable yen-denominated settlement. The architecture is potentially powerful. The next decisive milestone will be official confirmation of the issuer, regulatory structure, blockchain deployment and real commercial use. Sources: Japanese trademark information for JPYD, registration number 6916901; Japan Patent Office; Japan Financial Services Agency guidance concerning electronic payment instruments and fiat-backed stablecoins. $JASMY $JCT #JPYD #JasmyChain #Stablecoin #JANCTION

#JANCTION and #Jasmy are closely connected through their origins, leadership and complementary technological ambitions. However, this relationship is frequently misunderstood, particularly when discussion turns to their respective tokens, JCT and JASMY. The simplest explanation is that Jasmy is primarily building infrastructure for digital identity, secure data management and user-controlled data exchange, while JANCTION is developing decentralised computing infrastructure for artificial intelligence, rendering and other GPU-intensive applications. These functions can support one another, but they are not identical. Likewise, JCT and JASMY are not interchangeable tokens. Each belongs to a different economic layer and is intended to perform different functions. JANCTION does not automatically replace Jasmy, and the existence of JCT does not, by itself, dilute the supply or utility of JASMY. The commercial significance of the relationship will ultimately depend on whether the two ecosystems produce applications that generate measurable demand for data, identity, blockchain transactions and decentralised computing. The foundation: what Jasmy is building Jasmy’s central principle is often described as the “democratisation of data”. Its objective is to give individuals greater control over their digital identities and the information generated through their devices and online activities. Under the conventional internet model, personal information is generally collected and retained within centrally controlled corporate databases. Users may receive access to services in return, but they usually have limited visibility over how their information is stored, combined, analysed or shared. Jasmy proposes a different model in which individuals can manage access to their data and provide permission for specific organisations or applications to use it. Its infrastructure includes several related components: digital identity and user authentication secure personal-data management Personal Data Lockers permission-based data exchange IoT device management enterprise applications JasmyChain JASMY as a utility asset within the broader ecosystem The value proposition is therefore not limited to storing information on a blockchain. Jasmy is attempting to establish a trusted environment in which identity, devices, permissions and data can interact without requiring users to surrender permanent control of their information. This infrastructure could support applications across healthcare, education, sport, financial services, smart cities, IoT systems and digital commerce. The role of JasmyChain JasmyChain provides the blockchain layer supporting the expansion of the Jasmy ecosystem. Following its mainnet migration, JasmyChain entered full-scale operation as an Ethereum-compatible Layer 2 network built using Arbitrum Orbit. Importantly, it uses JASMY as its custom gas token. This means transactions and smart-contract operations conducted on JasmyChain require JASMY to pay the associated network fees. JasmyChain mainnet announcement This gives JASMY a clearly identifiable network function. If an application operates on JasmyChain, actions such as recording a transaction, executing a smart contract or interacting with an on-chain service can generate gas consumption. Greater legitimate use of the network should therefore produce greater aggregate demand for its gas token, although the extremely low cost of individual transactions means that substantial transaction volume would be required before gas consumption alone became economically significant. JasmyChain is therefore best understood as infrastructure rather than the entire Jasmy business. The broader Jasmy platform is concerned with data, identity, devices and enterprise services. JasmyChain provides a blockchain environment through which some of those services and applications may operate. What JANCTION adds JANCTION extends the broader ecosystem into decentralised computing. Modern artificial intelligence applications require substantial computing resources. Training models, running inference, producing computer-generated imagery, rendering animation and processing large datasets can all depend on access to GPUs. At present, much of this capacity is concentrated within major cloud-computing providers and large data centres. This creates several challenges: high costs limited access for smaller developers dependence on a small number of providers unused computing capacity elsewhere in the market geographical concentration restricted flexibility for specialist workloads JANCTION is developing a decentralised marketplace that can connect suppliers of computing resources with users who require GPU capacity. Its stated objective is to create a resource-sharing platform capable of serving AI products through distributed infrastructure. JANCTION official website Under this model, an individual operator, professional computing provider or data centre could contribute available resources. Developers, creators and businesses could then acquire access to those resources for AI, animation, computer graphics, rendering or other processing tasks. JANCTION therefore addresses a different problem from Jasmy. Jasmy asks: How can people securely control their identity and data? JANCTION asks: How can computing resources be distributed, verified and made accessible to applications that need them? These are separate questions, but they can converge within the same application. How JANCTION and Jasmy are connected The connection is not merely thematic. JANCTION has been described as a project incubated by the Jasmy community, and the two ecosystems share an important leadership link through Hiroshi Harada. Harada (Hara) is identified by Jasmy as its Chief Financial Officer and by JANCTION as its founder. The relationship has also been reflected in shared infrastructure initiatives. For example, Jasmy and JANCTION were both associated with the adoption of Chainlink’s Cross-Chain Interoperability Protocol, with JANCTION described as using the technology for secure cross-chain applications. Chainlink integration report This establishes genuine organisational and technological proximity. However, close proximity should not be interpreted as complete integration. The projects have distinct platforms, operational objectives and tokens. Not every JANCTION transaction automatically creates activity on JasmyChain, and not every use of JANCTION necessarily requires JASMY. The degree of technical integration must be assessed from the architecture of each deployed service rather than inferred from shared leadership or branding. The difference between JASMY and JCT The distinction between the tokens is central to understanding the relationship. JASMY JASMY is associated with the Jasmy data ecosystem and functions as the custom gas token of JasmyChain. Its potential sources of utility include: paying transaction fees on JasmyChain supporting applications within the Jasmy ecosystem facilitating data-related value exchange interacting with services that use Jasmy’s blockchain infrastructure potentially serving as a settlement or utility asset in future ecosystem applications JASMY’s network-level role is particularly important. If businesses and applications use JasmyChain, they require JASMY to execute blockchain transactions. JCT JCT is the native token associated with the JANCTION ecosystem. According to JANCTION’s published materials, its intended functions include supporting the marketplace for decentralised computing resources, rewarding contributors and aligning participation within the network. GPU providers can stake JCT to demonstrate their operational commitment and participation in the network. JANCTION token documentation Depending on the design and service involved, JCT may support: access to computing services payments or marketplace settlement rewards for GPU and infrastructure providers staking contributor incentives governance participation in JANCTION-specific applications JCT is therefore directed toward the economics of decentralised computing, while JASMY has a broader relationship with data exchange and JasmyChain activity. A simple way to understand the architecture The relationship can be summarised as follows: Jasmy protects and manages identity, permissions and data. JasmyChain provides blockchain execution and records transactions. JASMY pays for gas and supports activity within the Jasmy ecosystem. JANCTION supplies access to distributed GPU and computing resources. JCT supports participation and economic activity within JANCTION’s computing marketplace. This means the two ecosystems could form different layers of a broader application. For example, consider a medical-research platform using artificial intelligence: A participant verifies their identity through a Jasmy-related authentication system. Their health information is held in a secure, permission-controlled environment. The participant authorises a specific dataset to be used for a defined research purpose. An application submits an anonymised or appropriately protected processing task. JANCTION supplies the distributed GPU resources required to perform the computation. Blockchain infrastructure records permissions, transactions or verification events. JASMY may be consumed as gas where activity occurs on JasmyChain. JCT may support payment, staking or contributor rewards within the JANCTION marketplace. This is an illustrative model, not confirmation of a deployed medical product, but it demonstrates why secure data and distributed computing are naturally complementary. Data has limited value if it cannot be processed. Computing power has limited value if it cannot obtain lawful, reliable and appropriately authorised data. Jasmy and JANCTION potentially address opposite sides of that equation. Does JCT dilute JASMY? The creation of JCT does not technically dilute JASMY. Dilution normally occurs when the supply of the same asset increases, reducing each existing unit’s proportionate share of that asset’s total supply. JCT is a separate token issued for a separate network economy. Its existence does not increase the maximum supply of JASMY. However, holders may be using “dilution” in a broader economic sense. Their concern may be that attention, investment capital or utility originally expected to accrue to JASMY could instead be directed toward JCT. That is a legitimate question, but the answer depends on implementation. JCT could compete with JASMY for speculative attention. It could also capture economic activity within JANCTION that some holders had expected would use JASMY. Conversely, JANCTION could expand the overall ecosystem by attracting developers, GPU providers, AI businesses and commercial applications that would otherwise have no reason to interact with Jasmy. If JANCTION applications also use Jasmy identity services, Jasmy-controlled data or JasmyChain transactions, JANCTION’s growth could create additional demand for Jasmy infrastructure and JASMY gas. The relationship could therefore be: competitive, if the projects pursue overlapping functions neutral, if they develop independently complementary, if JANCTION activity generates demand for Jasmy services and JasmyChain The evidence must come from actual technical and commercial integration. Why two tokens may be necessary A single token can theoretically perform several functions, but separate tokens can make sense when networks have different participants, incentive structures and governance requirements. Jasmy’s ecosystem involves data owners, businesses, devices, application developers and blockchain users. JANCTION’s computing marketplace involves GPU providers, node operators, AI developers, resource buyers and technical contributors. These groups do not necessarily assume the same costs or produce the same forms of value. A GPU provider contributes equipment, electricity, bandwidth, maintenance and processing capacity. JANCTION may therefore require a specialised reward and staking system capable of measuring and incentivising those contributions. By contrast, a JasmyChain user primarily requires a dependable asset for paying network fees, while data-related applications may need mechanisms governing consent and value exchange. Separate tokens allow each ecosystem to design incentives around its own operations. The important issue is whether those designs produce genuine demand or merely add unnecessary complexity. What meaningful integration would look like The Jasmy–JANCTION relationship becomes commercially significant when integration moves beyond shared leadership and ecosystem narratives. Evidence of meaningful integration could include: JANCTION applications authenticating users through Jasmy identity infrastructure permission-controlled data moving from Jasmy services into JANCTION computing workloads JANCTION transactions being settled or recorded on JasmyChain JASMY being consumed as gas through JANCTION-related applications enterprises paying for JANCTION computing while using Jasmy for compliance and data governance measurable numbers of active GPU providers and paying customers recurring rendering, AI or data-processing workloads published transaction volumes and service revenue enterprise deployments with identifiable operational outcomes applications that require both JASMY and JCT for clearly differentiated purposes These indicators matter considerably more than token-price movements, exchange listings or statements that the projects occupy the same ecosystem. The importance of real demand Both projects ultimately face the same commercial test: can they attract sustained use? For Jasmy, the relevant measures include: active users enterprise customers Personal Data Locker adoption identity verifications data exchanges applications deployed on JasmyChain genuine on-chain transactions JASMY consumed as gas recurring service revenue For JANCTION, the relevant measures include: available GPU capacity active resource providers paying users completed computing tasks utilisation rates rendering and AI workloads marketplace revenue JCT staked or spent for operational purposes repeat customers A network can process test transactions without having genuine users. A GPU marketplace can advertise available resources without generating paying demand. A token can trade actively on exchanges while its underlying platform remains lightly used. The decisive transition occurs when businesses repeatedly pay for services because those services solve a real operational problem. The broader opportunity The combination of user-controlled data and decentralised computing addresses a substantial Web3 and AI challenge. Artificial intelligence requires access to both data and computation. Yet public concern about privacy, consent, centralised platforms and the unauthorised use of personal information continues to grow. At the same time, advanced computing capacity remains expensive and concentrated. A combined architecture could potentially allow: users to control access to their data businesses to obtain permissioned, higher-quality information developers to access distributed computing resources providers to monetise unused GPU capacity blockchain systems to record permissions and transactions participants to be rewarded according to their contributions Jasmy supplies the identity and data-governance side of this model. JANCTION supplies the computing-resource side. That alignment explains why the relationship is strategically interesting. It does not, however, guarantee commercial success or automatic appreciation of either token. Conclusion JANCTION and Jasmy should be understood as connected but distinct parts of a broader technological vision. Jasmy is building infrastructure for digital identity, personal-data control and secure data exchange. JasmyChain provides an Ethereum-compatible blockchain environment, with JASMY serving as its native gas token. JANCTION is developing distributed GPU and AI-computing infrastructure. JCT supports participation, incentives and economic activity within that specialised marketplace. The two tokens do not perform the same function, and JCT does not technically dilute JASMY. Nevertheless, investors are reasonable to ask whether JANCTION will expand Jasmy’s ecosystem or divert activity that might otherwise have accrued to JASMY. That question cannot be answered by organisational connections alone. It will be answered through deployed applications, paying customers, network activity and transparent evidence showing how data, identity and computing workloads move across the two ecosystems. The strongest future for the relationship is not one in which supporters must choose between Jasmy and JANCTION. It is one in which Jasmy protects the data, JANCTION processes it, JasmyChain records the relevant activity and each token performs a necessary, measurable and non-duplicative function. The next stage involves real integration that becomes visible at scale. This article is provided for informational purposes only and does not constitute financial or investment advice.

From Web3 start-ups and blockchain architecture to JANCTION, Personal Data Locker and Remixpoint’s DEEPPOINT, Kyohei Ito’s career offers a revealing glimpse into what Jasmy may be building next. Profile checked: 15 August 2026 The central question: Jasmy has experienced strategists, but who is turning that strategy into products people can actually use? Kyohei Ito, 伊藤 匡平, has recently become one of the more interesting people operating within the broader Jasmy ecosystem. He is not one of Jasmy’s original former-Sony executives. Nor is he presently listed as a director or corporate officer of Jasmy Incorporated. Instead, Ito represents something Jasmy increasingly needs as it moves from long-term architecture towards working products: a younger, technically capable product builder with experience spanning software engineering, Web3 infrastructure, business development and developer ecosystems. Ito’s public professional profile records his appointment as Vice President of Engineering at JasmyLab from April 2026. That distinction matters. JasmyLab is the company operating the JANCTION brand and developing the group’s distributed-computing products. Its current portfolio includes: JANCTION GPU Pool Smart Render Edge DataCenter Jasmy Chain AI, blockchain and systems development JasmyLab describes itself as a technology company focused on democratising computing power through distributed infrastructure. Hiroshi Harada, better known to the community as Hara, is its representative director. Ito therefore appears to have joined at the engineering and product-execution level of the ecosystem rather than as a member of the original Jasmy Incorporated board. Summary Following are the micro-details for you to refer to at a future time: The increasingly compelling answer may be Kyohei Ito. Kyohei Ito at a glance Detail Information Name Kyohei Ito Japanese name 伊藤 匡平 Education Waseda University Current Jasmy-related role Vice President of Engineering, JasmyLab Commencement April 2026 Current external company Founder and CEO of ARM3rd Inc. Primary expertise Web3 development, blockchain architecture, engineering leadership and developer ecosystems Current Remixpoint-related role Development lead for DEEPPOINT Works alongside Hiroshi Harada, DEEPPOINT business lead and JasmyLab representative director Publicly identified boss Kunitake Ando, former Sony president Earlier senior roles CTO at LeadEdge Consulting; VPoE at Slash Fintech; Lead Solution Architect at Startale Labs Selected technologies React, Next.js, TypeScript, Solidity and Firebase Key distinguishing feature Combines engineering, product development, partnerships and ecosystem building Why this appointment is different Ito is not another member of Jasmy’s original group of former-Sony executives. Nor is he presently listed as a director or corporate officer of Jasmy Incorporated. He represents something quite different: Jasmy already possessed What Ito appears to add Senior corporate leadership Rapid start-up execution Sony-era strategic experience Modern Web3 engineering Electronics and security expertise Developer recruitment and community formation Long-term infrastructure planning Product requirements and implementation Financial and corporate relationships Cross-chain developer networks Broad ecosystem concepts Deployable, user-facing products Ito is best understood as an execution bridge: the person helping translate senior strategy into functioning technology. The emerging operating structure This is more consequential than any individual title: Person Apparent contribution Kunitake Ando Overarching strategic leadership Hiroshi Harada Corporate development, business, finance and digital assets Kyohei Ito Product design, engineering and technical implementation This should be understood as an operating interpretation, not proof that every participating company has been legally consolidated into one corporate group. The story of an execution-focused career From Waseda to software engineering His early career then moved rapidly from commercial technology into direct product development. Period Organisation Role or activity Why it matters University period Waseda University Business creation and entrepreneurship programmes Established an early combination of technology and commercial development 2019 Aidemy Business development Exposure to Japan’s AI education and training sector Later in 2019 Ragnarock Frontend engineer Transitioned into direct software and product development LeadEdge: engineer to CTO Ito joined LeadEdge Consulting in February 2021. Date Progression February 2021 Joined across development management, product management and lead engineering August 2022 Became head of the NFT business September 2022 Appointed CTO His work reportedly covered: NFT product planning and development Product management Web3 development infrastructure Corporate partnerships Engineering leadership New-business creation The two-minute NFT sale: one publicly cited project involved Netflix, Yomiuri TV and Junji Ito’s Tomie. Reported result Significance Approximately 140 ETH in NFTs sold Demonstrated consumer-facing Web3 implementation Sale reportedly completed within two minutes Indicated the ability to execute a high-demand digital product launch Rapid Web3 expansion From 2023, Ito moved through—and sometimes simultaneously occupied—a series of technical and ecosystem roles. Date Organisation Role Principal responsibilities April 2023 Startale Labs Lead Solution Architect Enterprise Web3 consulting, technical support and blockchain-network research June 2023 Slash Fintech VPoE Token projects, product requirements, NFT launches, marketing, community design and team construction 2023–2024 Bunzz DevRel and R&D; later Japan Business Development Lead Partnerships, enterprise adoption, university engagement, sales and ecosystem development April 2024 ARM3rd Inc. Founder and CEO Web3 development, consulting and market-entry services April 2026 JasmyLab VPoE Engineering and product execution across the expanding Jasmy ecosystem August 2026 DEEPPOINT Development lead Product design and implementation across media, data and community infrastructure Why Startale is notable Startale Labs has been involved with: Astar Network Enterprise Web3 infrastructure Sony-related blockchain initiatives Ito’s experience there placed him inside Japan’s developing intersection of corporate technology and blockchain infrastructure. What he did at Bunzz Ito’s stated Bunzz responsibilities included: Area Activity Business creation Establishing new operations Growth Developing sales and marketing strategies Networks Building relationships with blockchain ecosystems Partnerships Pursuing relationships with major Japanese companies Adoption Supporting Web3 use by enterprises and universities Research Establishing research and development functions Capital Contributing to Bunzz’s reported US$4.5 million fundraising round His most recent substantial position that clearly ended appears to have been Bunzz in May 2024. ARM3rd, however, appears to remain active. ARM3rd: Ito’s own Web3 company Ito founded ARM3rd Inc. in Sendai in April 2024. ARM3rd operates across engineering, design, marketing, business development, sales and recruitment. ARM3rd service What it involves L1 and L2 development Supporting blockchain ecosystems and infrastructure Japanese market entry Helping overseas projects enter and operate in Japan Developer marketing Attracting technical builders and applications Hackathons and grants Designing programmes that stimulate ecosystem development Enterprise onboarding Helping companies adopt Web3 infrastructure Community building Developing active user and developer networks Product development Building Web3 applications and services Documentation Creating technical resources and content strategies Recruitment Supporting the teams required to operate emerging projects ARM3rd identifies Ito as founder and CEO. Other professional profiles describe him as both CEO and CTO. This means Ito did not simply leave a conventional job and join JasmyLab. He entered Jasmy while already operating his own company and maintaining several interconnected ecosystem roles. An unusually broad Web3 network Ito’s value may extend well beyond his ability to write or manage software. Organisation or ecosystem Publicly identified involvement SendAI Japan Co-founder Superteam Japan Contributor Sunrise DevRel and Head of Solution Architecture Arweave Japan Core contributor WeaveDB Official ambassador Midnight Network Fellowship and ambassador programmes Avalanche Team1 Participant Japan CTO Association Member or participant Collectively, this network crosses: Solana Arweave Avalanche Cardano-related Midnight technology Data-availability systems EVM-based development Developer relations Enterprise adoption Why that network matters JasmyLab does not merely need engineers. It needs an ecosystem. JasmyLab needs Relevant Ito experience Developers Developer recruitment and DevRel Applications Web3 product development GPU providers Ecosystem and partnership formation Enterprise users Enterprise onboarding and consulting Technical communities Hackathons, grants and community building Cross-chain relationships Experience across multiple blockchain ecosystems A network becomes valuable when people actually build on it. Ito has experience recruiting those builders. What is JasmyLab? JasmyLab is the company operating the JANCTION brand and developing the group’s distributed-computing products. Hiroshi Harada—better known to the community as Hara—is its representative director. JasmyLab portfolio Function JANCTION Distributed-computing ecosystem GPU Pool Distributed access to GPU resources Smart Render Rendering-related infrastructure Edge DataCenter Distributed edge-computing capacity Jasmy Chain Blockchain infrastructure AI development Artificial-intelligence products and services Blockchain development Network and application engineering Systems development Broader technical implementation JasmyLab describes its objective as the democratisation of computing power through distributed infrastructure. Ito therefore appears to have joined the ecosystem at the engineering and product-execution layer, rather than through the original Jasmy Incorporated board. What does a VPoE actually do? VPoE means Vice President of Engineering. It is not simply a senior programming position. VPoE responsibility Plain-English meaning Technical planning Deciding how products will be built Product requirements Converting concepts into defined functions Engineering recruitment Finding the people required to build them Team design Structuring engineering and design capabilities Development priorities Determining what should be delivered first Executive translation Converting corporate strategy into technical work Delivery oversight Moving products from concept towards deployment That role appears consistent with Ito’s combination of engineering, product management and commercial experience. The Sony Bank claim: what can safely be said? Ito’s professional profiles refer to technical involvement in a Sony Bank proof of concept concerning a stablecoin-focused blockchain. They also credit him with helping to: Develop several application-specific blockchain use cases Launch multiple L1 networks However, the distinction below is crucial. Evidence status Interpretation Supported by the profiles Ito participated in technical or proof-of-concept work involving Sony Bank Not established That he was an employee of Sony Corporation or Sony Bank Accurate wording “Ito contributed to a Sony Bank blockchain proof of concept” Inaccurate wording “Ito previously worked for Sony Bank” The experience remains relevant to Jasmy’s interests in stablecoins, digital identity and corporate-token infrastructure. It simply should not be misrepresented as Sony employment. “My current boss is Kunitake Ando” On 11 August 2026, Ito made a particularly revealing statement: “My current boss is Kunitake Ando, the seventh president of Sony.” He said he was leading development across: Product Broader position GPU Pool Distributed-computing infrastructure Smart Render GPU and rendering services Personal Data Locker Jasmy’s personal-data architecture DataHub Data infrastructure DEEPPOINT Remixpoint’s deep-technology information platform Ito also stated that he was helping to develop partnerships for these products. This suggests that his role is not confined to one isolated JasmyLab application. It appears to span distributed computing, personal data, blockchain infrastructure and Remixpoint’s emerging platform. The Hara–Ito connection DEEPPOINT’s official team information identifies: Team member DEEPPOINT role Hiroshi Harada Business lead Kyohei Ito Development lead Ito is responsible for product design, technical development and implementation across DEEPPOINT’s: Media infrastructure Community functions Data infrastructure DEEPPOINT is formally operated by Remixpoint, the Tokyo-listed company that appointed Hara as a director in 2026. DEEPPOINT team information DEEPPOINT: more than a news website? DEEPPOINT initially covers a wide range of deep-technology sectors. Technology and industry coverage Artificial intelligence Web3 Semiconductors and GPUs Energy Robotics Quantum technology Cybersecurity and defence Space Biotechnology Investment and finance Its longer-term purpose is more ambitious. What the platform contains or is developing Platform component Purpose Start-up fundraising database Track companies and capital formation Investor database Identify potential sources of capital Government-grant database Connect projects with public programmes Digital-asset treasury database Track corporate digital-asset strategies Stablecoin database Organise information about an emerging financial sector User accounts Establish persistent user participation Community functions Enable interaction and network formation Points system Introduce an engagement and incentive mechanism Ito describes the eventual objective as an integrated information platform supporting: Investment Mergers Partnerships Commercial matching DEEPPOINT could therefore develop into a discovery, data and transaction layer connecting Japanese deep technology with capital and corporate partners. That is materially more interesting than “another technology news website”. However, integration with Jasmy infrastructure or the JASMY token remains unconfirmed. Read Ito’s DEEPPOINT explanation Why Ito’s arrival matters Capability Potential strategic value Rapid product development Moves concepts towards usable services Modern Web3 engineering Strengthens Jasmy’s technical execution Developer recruitment Attracts builders to JANCTION and Jasmy Chain Start-up execution Supports faster experimentation and delivery Cross-chain relationships Extends Jasmy beyond a closed ecosystem Community formation Helps infrastructure acquire users and developers Enterprise solution design Connects technology with commercial requirements Business development Supports customers, partners and adoption Technical-commercial translation Links engineering decisions with corporate strategy His appointment also coincides with JasmyLab presenting a broader public identity; one extending beyond JANCTION into GPU infrastructure, rendering, edge computing, blockchain and AI-development services. The timing is noteworthy. What this means for JASMY holders What the appointment does suggest Supported interpretation Why it matters JasmyLab has increased its engineering leadership More capacity to turn infrastructure into products Ito is working across several interconnected products Development may be coordinated rather than isolated Jasmy is attracting a younger founder-engineer Adds start-up speed to senior corporate strategy Ito brings developer and ecosystem relationships Could help attract applications, partners and users DEEPPOINT creates an operational link with Remixpoint Hara and Ito are publicly working together on the platform What it does not prove Unproven conclusion Reality The appointment automatically creates JASMY demand Engineering capacity and token economics are different things Every named product uses JASMY Actual integrations must be disclosed or observed Jasmy, JasmyLab and Remixpoint are one legal group Operational collaboration does not establish legal consolidation DEEPPOINT will use Jasmy identity or blockchain systems This remains possible but unconfirmed Ito worked as a Sony employee His profiles describe technical project involvement Every product will succeed Execution, customers, revenue and usage still need to be demonstrated The six signals that now matter The evidence ladder Status What we can presently say Confirmed Ito became JasmyLab VPoE in April 2026 Confirmed He leads DEEPPOINT development while Hara leads the business side Confirmed He publicly identified Ando as his current boss Confirmed He named GPU Pool, Smart Render, PDL, DataHub and DEEPPOINT among the products he is developing Reasonable interpretation Ito functions as an execution bridge across the emerging ecosystem Possible but unconfirmed The products will become technically and commercially integrated Not yet demonstrated Measurable demand for the JASMY token arising from his appointment The central conclusion Kyohei Ito is not another retired corporate figure added to Jasmy’s leadership structure. He is a comparatively young founder-engineer whose career has been built across: Web3 product launches Blockchain architecture Developer communities Enterprise adoption Technical partnerships New-business creation Engineering leadership He joined JasmyLab as VPoE in April 2026 while apparently continuing to lead ARM3rd and participate in several external Web3 ecosystems. By August, he was publicly describing Kunitake Ando as his boss, leading development across multiple Jasmy-related products and working beside Hiroshi Harada on a Remixpoint-operated deep-technology platform. None of this guarantees product success or an immediate economic return for JASMY holders. But it suggests that Jasmy may finally be assembling something it has often appeared to lack publicly: A visible execution layer capable of turning ambitious infrastructure concepts into interconnected products. Ito may not yet be one of the most recognised names in Jasmy. But if GPU Pool, Smart Render, Personal Data Locker, DataHub or DEEPPOINT become meaningful parts of the ecosystem, he may become one of its most consequential builders. #Hara #Jasmy #Ito #Remixpoint #DEEPPOINT #JPYD #Janction

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

Most conversations about crypto focus on the same giants—Bitcoin, Ethereum, and US-issued stablecoins. But while the world looks west, something far more interesting is unfolding quietly in Japan. Japan isn’t simply experimenting with digital money.It’s building a full, multi-layered digital-currency ecosystem.And within that system, one project stands out as uniquely positioned for success: Jasmy. Not as a meme coin.Not as a speculative asset.But as a core technology in Japan’s next generation of digital identity, IoT trust, and data sovereignty. This is a moment where everything aligns: regulatory clarity, national strategy, and Jasmy’s long-term vision. And when you zoom out, the upside potential becomes impossible to ignore. Japan’s Digital Currency Ecosystem Is Expanding Fast Japan is rolling out one of the most comprehensive digital-finance frameworks in the world. Rather than relying on a single new currency, Japan is constructing layered functionality: Bitcoin remains a global, decentralised store of value—Japan fully recognises this. Above that are Japan’s digital applications:secure identity, smart devices, AI-driven services, and personal data protection. Then come yen-based digital payment rails—stablecoins like JPYC, potential private stablecoins, and the upcoming Digital Yen issued by the Bank of Japan. And beneath it all sits a strong regulatory foundation providing transparency, trust, and stability. The exciting part? Jasmy fits naturally and powerfully into this structure. Why Jasmy Has a Special Role in Japan’s Plan Jasmy isn’t competing to be “another currency.”Its strength lies in something even more critical: identity, data ownership, and IoT integration. Japan is a global leader in: • consumer electronics • smart devices • automotive innovation • robotics • privacy culture • regulated digital systems Jasmy was built precisely for this environment. Its blockchain model allows: • secure device authentication • privacy-first identity verification • personal data lockers • safe data sharing between people, devices, and AI • trusted IoT communications at scale This positions Jasmy as a foundational technology; exactly the kind of infrastructure Japan needs to build smart cities, autonomous mobility, and next-generation digital services. In short:Japan needs a trusted data-layer. Jasmy already built one. JPYD: The Potential Stablecoin That Completes the Picture Jasmy’s trademark for JPYD, a yen-pegged stablecoin concept, suggests a powerful future direction. If JPYD launches in alignment with Japan’s regulations, it could become: • the transactional token for IoT micro-payments • the payment layer for data sharing • the bridge between the Jasmy ecosystem and broader digital-yen systems • a stable, yen-backed currency usable across Web3 services This is not speculative hype; Japan’s regulatory environment is ideal for compliant stablecoins, and Jasmy is one of the few native projects positioned to participate meaningfully. With JASMY as the utility token and JPYD as the stable payment token, the ecosystem becomes complete. Why Jasmy’s Future Looks So Strong Here are the positive outcomes most likely for Jasmy as Japan’s digital-finance landscape matures: 1. Government and enterprise alignment Japan prioritises privacy, security, and regulated digital innovation.Jasmy’s entire philosophy mirrors these national values. 2. Growing demand for digital identity and IoT trust Every smart device, vehicle, appliance, robot, and AI assistant needs secure authentication.Jasmy offers a ready-made solution. 3. Perfect timing with Japan’s digital yen As the Digital Yen rolls out, platforms needing identity, security, and data control will be essential.Jasmy becomes a natural companion technology. 4. Stablecoins and CBDCs need a data layer Payment tokens handle value.Jasmy handles the identity, permissions, and data attached to those transactions. 5. Real-world utility beyond speculation Unlike many tokens, JASMY is tied to real products, real devices, and real enterprise partnerships.This creates sustainable, long-term value. 6. A unique advantage as a Japanese project Japan is structuring a digital-currency environment with domestic innovation in mind.Being home-grown gives Jasmy both visibility and policy alignment. The Future Looks Bright for Jasmy Combine all of this, and a clear picture emerges: Japan is positioning itself as a leader in digital currency, digital identity, and IoT privacy. Jasmy is one of the few projects that aligns perfectly with Japan’s vision—and is already building the tools that future systems will rely on. Jasmy doesn’t need to replace Bitcoin to succeed. It simply needs to become the standard data-trust layer for Japan’s digital economy. And everything suggests that it can. This is why so many eyes are turning toward Jasmy. Not because of hype. Not because of speculation. But because Japan is quietly building the future of money; and Jasmy fits into that future better than almost any other project on the market.

This is not old news about Jasmy and its possible future as a part of the Apple infrastructure. Instead it highlights a crucial point about how Jasmy sits at the service layer, not inside, the Japanese government’s My Number infrastructure: My Number credential → JPKI/J-LIS verification → Cybertrust iTrust → Jasmy PDL → municipal or commercial service Date What is actually being introduced How Jasmy plays, or could play, a role My Number on iPhone; operating since 24 June 2025 People can place My Number credentials in Apple Wallet and use Face ID or Touch ID for JPKI authentication, MyNaPortal access, certificates and supported private services without repeatedly scanning the physical card. Cybertrust added iPhone My Number support to iTrust on 30 September 2025, including smartphone JPKI and verification of encrypted identity attributes. Digital Agency · Cybertrust Strong indirect connection. Jasmy PDL already uses Cybertrust’s iTrust service. Therefore, Cybertrust now possesses the technical components needed for a PDL service to verify an iPhone user using smartphone JPKI. This could make PDL registration quicker and remove the need to scan the physical card. However, neither Jasmy nor Cybertrust has publicly confirmed that this particular iPhone function has been activated inside PDL. Combined Myna App; scheduled for 25 August 2026 The government is combining the MyNaPortal App and Digital Authentication App. It will provide one government application for logging in, identity authentication and electronically signing transactions across government and participating private services. Digital Agency Technically well positioned but not confirmed. Cybertrust already provides an iTrust SDK that connects commercial services with the government’s Digital Authentication App, including authentication, electronic signatures and retrieval of the four basic identity fields. Because Jasmy PDL is connected to iTrust, Jasmy could use this pathway to let people open or access a verified PDL through the Myna App. No announcement presently confirms that PDL will be an official launch service on 25 August. Cybertrust Fuller My Number functionality on Android; around September–November 2026 Android has supported smartphone JPKI electronic certificates since May 2023. The autumn 2026 upgrade is intended to add the card’s identity information: name, address, date of birth, sex, My Number and facial image. This brings Android closer to the fuller identity-document functionality already available on iPhone. Digital Agency Potentially important for PDL adoption. Cybertrust’s iTrust already supports Android smartphone JPKI, including browser-initiated verification. Consequently, Android users can potentially obtain a government-verified identity for their PDL without repeatedly scanning a physical card. The 2026 expansion could also support stronger identity and age/attribute verification. Jasmy has not yet announced specific support for the new Android identity-record format. Cybertrust JPKI becomes the standard remote identity method; principal change on 1 April 2027 For transactions covered by Japan’s anti-money-laundering rules, non-face-to-face verification is scheduled to move, in principle, to JPKI. Face-to-face checks will generally require reading an IC chip rather than simply looking at a card. A related rule for online mobile-phone contracts already commenced on 1 April 2026, while further face-to-face changes begin on 1 April 2027. Government digital plan This is the development with the clearest commercial potential for Jasmy. PDL can combine a JPKI-verified person with user-controlled data, certificates, transaction records, regional currency or high-value digital-money services. Jasmy’s own government-featured material specifically identifies digital money, premium vouchers, municipal services, healthcare data and high-value coins as possible uses. However, Cybertrust—not Jasmy—is the certified JPKI platform provider. Jasmy is one potential service platform among many; it will not process every Japanese JPKI verification. Next-generation physical My Number Card; FY2029 The government is targeting introduction between 1 April 2029 and 31 March 2030. The card is expected to use stronger cryptography and improved technology, requiring updates across numerous government, municipal and private systems. No precise launch day has been set. Existing cards and JPKI services remain operational. Government digital plan Compatibility role only; unless a new contract is announced. Cybertrust will probably carry much of the certificate-validation and cryptographic upgrade work, while Jasmy will need to test and update PDL’s integration. There is currently no evidence that Jasmy has been selected to design, manufacture or operate the replacement card. The delay does not prevent Jasmy from expanding PDL using the existing cards and JPKI infrastructure. The confirmed Jasmy position The confirmed relationship is: Cybertrust’s iTrust verifies the user through My Number/JPKI. Jasmy’s PDL creates and manages the user's data . The verified PDL can then support services and high-value transactions. The Digital Agency has officially presented Jasmy PDL as a My Number/JPKI implementation example. It says that JPKI authentication expanded PDL’s potential from services not requiring identity verification into sensitive-information, municipal and high-value financial applications. Digital Agency’s Jasmy case study What is still not confirmed: None of the evidence currently establishes that: Therefore, these developments are genuinely positive for Jasmy’s potential customer base and PDL utility, but their effect on the JASMY token remains dependent on Jasmy connecting PDL usage to JasmyChain and establishing a mandatory, measurable role for the token. Nevertheless, it is exciting that the Digital Agency has officially presented Jasmy PDL as a My Number/JPKI implementation example.

Today’s announcement from Hara may end up being viewed as far more significant than the market currently realises. In his statement regarding his nomination as Director responsible for Digital Asset Management at Remixpoint, Hara revealed something extremely important about the evolving strategic direction connecting Jasmy, AI, digital assets, energy and decentralised infrastructure. And if you read carefully, this does not sound like a simple executive appointment. It sounds like infrastructure strategy. The line the market should pay attention to Hara stated: “Digital assets are not merely investment instruments, but can become strategic assets connecting corporate growth strategies, capital strategies, business creation, and next-generation infrastructure.” That single sentence changes the entire framing. This is not the language of meme coins or short-term speculation. This is the language of long-horizon ecosystem architecture. Why the Jasmy connection matters At Jasmy, Hara says he has been deeply involved in: blockchain token economics decentralised infrastructure data democratisation real-world utility-driven business development. Those are not isolated sectors. Together, they form the foundation of an emerging AI-era economic stack: trusted data decentralised ownership machine-to-machine economies tokenised infrastructure secure digital identity edge computing AI-compatible data systems. Jasmy has spent years building around precisely these themes. Now one of its key strategic figures is stepping into a director-level role at Remixpoint focused specifically on digital asset management during a period when energy, AI and decentralised systems are converging globally. That timing feels extremely deliberate. The overlooked significance of energy One of the most important aspects of this development is Remixpoint itself. Remixpoint sits at the intersection of: energy digital assets emerging technology AI-linked infrastructure. Most people still underestimate how critical energy infrastructure will become in the AI era. AI is not simply a software revolution. It is an infrastructure revolution. Massive AI growth requires: computation power distribution secure data environments decentralised coordination systems scalable digital asset frameworks. That is exactly where the overlap between Jasmy and Remixpoint becomes fascinating. Hara’s statement hinted at something much larger Another key line stood out: “In an era where digital assets, energy, AI, and decentralized infrastructure intersect, we will create new value that can only be realized by Remixpoint.” That is an unusually specific combination of sectors. Energy. AI. Digital assets. Decentralised infrastructure. This sounds less like a traditional corporate role and more like participation in a broader next-generation ecosystem build. Japan’s strategy may be unfolding quietly Japan rarely moves with Silicon Valley-style hype. Instead, major shifts often emerge through: strategic appointments institutional alignment cross-sector integration gradual infrastructure positioning. That makes developments like this especially important. Because when individuals deeply involved in blockchain infrastructure, token economics and decentralised systems move into leadership positions connected to energy and digital asset strategy, it can indicate long-term industrial coordination rather than isolated corporate movement. What could this eventually lead to? If Jasmy’s ecosystem vision ultimately integrates with broader infrastructure and energy frameworks through relationships like this, the implications become enormous: AI-ready decentralised data systems tokenised infrastructure economies smart-city integration secure personal data marketplaces sovereign digital identity frameworks decentralised energy coordination machine-driven economic ecosystems. Suddenly, Jasmy no longer looks like “just another crypto project.” Instead, it begins resembling a foundational layer in a much larger Japanese digital infrastructure strategy. Blackrock CEO: Fink BlackRock’s framing of compute power as an emerging investable asset class provides a powerful backdrop to Hara’s nomination as a candidate for Director responsible for Digital Asset Management at Remixpoint. If future markets are increasingly built around access to compute, energy, chips, memory and decentralised infrastructure, then Hara’s experience at Jasmy becomes directly relevant. His work across blockchain, token economics, data democratisation, decentralised infrastructure and real-world utility aligns closely with the world Larry Fink is describing, one where digital assets are no longer treated only as speculative instruments, but as strategic infrastructure tied to corporate growth, capital strategy and next-generation business models. In this context, Hara’s Remixpoint role could become significant because Remixpoint sits at the intersection of digital assets, energy and emerging infrastructure, precisely the areas likely to benefit as compute becomes scarce, tradable and strategically valuable. Rather than viewing the announcement in isolation, it may signal a broader shift: Jasmy’s ecosystem experience, particularly around secure data, decentralised infrastructure and real-world utility, is moving into corporate environments where compute, energy and digital asset management are beginning to converge. Final thought The most important aspect of today’s announcement is not simply that Hara was nominated as a Director at Remixpoint. It is the vision he articulated. A vision where: digital assets become strategic infrastructure AI and energy systems converge decentralised architecture underpins future economic systems and companies like Jasmy help build the rails underneath it all. The market may still be pricing Jasmy like a speculative token. But the language coming from leadership increasingly sounds like nation-scale infrastructure thinking. And that difference matters.

Japan’s decision to classify crypto assets as financial instruments marks a pivotal shift in how digital assets are governed, traded, and legitimised. While the headlines focus on regulation, transparency, and investor protection, the deeper story sits at the intersection of institutional trust and real-world utility; precisely where Jasmy operates. This blog unpacks what the reform means, how it intersects with Jasmy’s positioning, and the realistic upside scenarios that could emerge. The policy shift: from “payment tool” to “financial asset” Japan has moved crypto from the Payment Services framework into the Financial Instruments and Exchange Act (FIEA). This is not a cosmetic change — it fundamentally reframes crypto as an investable, regulated asset class rather than just a transactional medium. Key implications include: Insider trading rules now apply Mandatory annual disclosures for issuers Stronger penalties for non-compliant exchanges Foundations for crypto ETFs by 2028 A proposed flat 20% tax rate on gains In effect, Japan is signalling: crypto is now part of the financial system, not outside it. Where Jasmy fits: compliance as a competitive advantage Jasmy has always positioned itself closer to enterprise-grade infrastructure than speculative crypto. Its focus on data sovereignty, IoT integration, and compliant data exchange frameworks means it is structurally aligned with regulatory tightening. This shift benefits Jasmy in three key ways: 1. Transparency requirements favour “real projects” Annual disclosures will force weaker or opaque projects out of the market. Jasmy, with its corporate alignment and structured ecosystem, is better positioned to meet: Ongoing reporting obligations Governance expectations Institutional due diligence This reduces noise and increases signal; a net positive for credible platforms. 2. Insider trading laws legitimise market behaviour The introduction of insider trading restrictions is particularly important. Historically, crypto markets have been criticised for: Asymmetric information Whale manipulation Lack of enforcement By aligning with traditional finance rules, Japan creates an environment where institutional capital can participate with confidence. For Jasmy, this matters because: Its long-term value is tied to adoption, not hype Institutional flows require predictable market integrity 3. Licensed ecosystem = fewer competitors, stronger incumbents Stricter penalties for unregistered exchanges will compress the market. This leads to: Consolidation around compliant players Reduced fragmentation Higher barriers to entry Projects already operating within regulatory frameworks, like Jasmy, gain relative strength as the ecosystem matures. The ETF horizon: unlocking institutional capital Japan’s plan to introduce crypto ETFs by 2028 is arguably the most significant long-term catalyst. If realised, ETFs will: Enable pension funds and asset managers to gain exposure Increase liquidity and price stability Shift crypto from speculative to portfolio-allocatable For Jasmy, inclusion in ETF structures (directly or indirectly via baskets) could: Increase demand through passive investment flows Enhance legitimacy among traditional investors Anchor valuation in fundamentals rather than sentiment Strategic alignment: Jasmy and Japan’s broader vision Japan’s regulatory direction is not isolated; it aligns with its broader ambition to lead in: Web3 infrastructure Digital identity and data ownership Integration of IoT and blockchain This is where Jasmy’s core thesis becomes critical. With partnerships historically linked to major Japanese corporates such as Panasonic, Jasmy sits at the convergence of: Hardware (IoT devices) Data (personal data lockers) Blockchain (secure data exchange) A regulated environment strengthens this model by making trusted data ecosystems more valuable. Best-case scenario: a realistic upside pathway A grounded but optimistic scenario for Jasmy under this regulatory shift would look like: Phase 1: Regulatory cleansing (0–2 years) Weak projects exit the market Compliance becomes a differentiator Jasmy gains relative visibility Phase 2: Institutional onboarding (2–4 years) ETFs launch Financial institutions enter Capital flows into regulated, credible assets Phase 3: Utility monetisation (3–6 years) IoT + data economy expands Enterprises adopt compliant data-sharing models Jasmy’s ecosystem sees real usage growth Risks to remain clear-eyed about A positive outlook must be balanced with realistic constraints: Compliance burden: Increased reporting could slow innovation Execution risk: Jasmy must deliver real adoption, not just narrative Competition: Other compliant, enterprise-focused blockchain projects will emerge ETF uncertainty: Timelines (e.g., 2028) are not guaranteed Bottom line Japan’s reclassification of crypto is not just regulatory tightening; it is market maturation. For Jasmy, this is structurally favourable because: It rewards compliance and transparency It invites institutional capital It aligns with Jasmy’s enterprise and data-centric positioning The opportunity is not immediate price acceleration, but something more durable: A transition from speculative token to infrastructure layer within a regulated digital economy. If Jasmy executes effectively within this new framework, the upside is not just higher valuation; it is relevance within the next generation of financial and data systems!

Jasmy × Panasonic: phase one signals real execution The partnership has moved from concept to early infrastructure. Phase one delivers three critical building blocks: IoT SDK (June 2025): enables developers to integrate the Personal Data Locker (PDL), opening the ecosystem and initiating network effects Jasmy Base App: a modular “super-app” framework, positioning Jasmy as a platform layer, not a single product PDL Evolution: supports time-series IoT data, identity verification (via Japan’s My Number system), and delegated data control Together, this establishes a programmable data infrastructure, not just a storage concept. Early use cases are strategic: Health and lifestyle, fast onboarding, low friction Sports ecosystems, tokenised engagement (e.g. fan/NFT models) Tokenised services, points, rewards, digital economies Phase two direction: Expansion into municipalities, education, and enterprise A top-down adoption model, consistent with Japan’s historical digital rollouts Important constraint: No visible joint patents yet, suggesting execution-first, IP later Bottom line:This is not scale yet, but it is infrastructure. The foundations for a Web3-IoT ecosystem now exist. The “writing is on the wall” Now connect the dots. Japan is one of the only nations globally with a unified digital identity backbone already deployed at scale, the My Number system. Adoption has accelerated under direct political pressure, with the Japanese Prime Minister publicly pushing digital transformation across healthcare, education, and local government. Phase one quietly integrates: PDL + My Number identity IoT data streams User-controlled permissions That combination is not accidental. It is architectural. Now extend it: If phase two lands in schools, municipalities, and public services, Jasmy’s PDL becomes: the personal data spine for every citizen the permission layer between individuals and institutions the economic layer (tokens, incentives, services) on top of that data And Panasonic? Panasonic is not just a tech company; it is embedded in: smart homes infrastructure systems education hardware healthcare devices So the convergence looks like this: Identity (My Number) + Data Ownership (PDL) + Devices (Panasonic) + Incentives (token layer) That is a national-scale Web3 operating system, not an app. The mind-blowing implication If this stack is formalised and rolled out through government-aligned channels: Every student could have a lifetime data locker from school onward Every device, home, and service becomes a data node owned by the individual Every interaction, energy usage, health metric, learning record becomes: captured permissioned monetisable or shareable on demand And critically: Japan would be the first country to operationalise true data sovereignty at a national level, backed by both government identity and industrial hardware. No Big Tech intermediary. No fragmented data silos. The real “signal” The absence of patents, the quiet SDK release, the controlled pilot environments… This is how infrastructure is built before it is announced. If, and it is still an “if”, the Prime Minister’s digital agenda aligns with this stack, then what we are seeing is not a product rollout. It is the early formation of: A sovereign, citizen-controlled data economy — embedded into daily life through devices, identity, and public systems. That is the scenario where Jasmy stops being a project… …and becomes national infrastructure. #Jasmy #Web3 #CryptoAdoption #DataFreedom #JapanTech

Something quietly appeared on the DEEPPOINT platform that could prove surprisingly significant for the Jasmy ecosystem. Hidden within the site's "Future Plans" section is a listing that reads: JasmyCoin Holding Company$JASMY – Data preparation in progress Coming Soon At first glance, this might seem like just another placeholder. But when viewed in the broader context of institutional adoption, it raises an interesting question: Why would DEEPPOINT build an entire section dedicated to tracking companies that hold JASMY? What is DEEPPOINT? DEEPPOINT is an emerging media and data platform focused on deep technology, AI, semiconductors, robotics, Web3 and digital assets. Rather than simply reporting cryptocurrency prices, it aims to provide investors with deeper research and corporate intelligence. One of its growing features is tracking publicly listed companies that hold digital assets on their balance sheets. The Interesting Part Among the future categories are: Ethereum Holding Company Solana Holding Companies XRP Holding Companies Tron Holding Companies Hyperliquid Holding Company Worldcoin Holding Companies BNB Holding Companies JasmyCoin Holding Company Every one of these pages is marked: Data preparation in progress Coming Soon That wording matters. DEEPPOINT isn't reporting current holdings—it is preparing a database to monitor them. Why This Matters Imagine being able to instantly see: Which public companies own JASMY How many tokens they hold When they purchased them Whether they're accumulating more How much those holdings are worth That's exactly the type of information these trackers are designed to provide. Bitcoin investors already benefit from this sort of transparency through services that monitor corporate treasury holdings. DEEPPOINT appears to be preparing something similar for selected digital assets—including Jasmy. A Vote of Confidence? This doesn't mean companies are already buying large amounts of JASMY. However, it does suggest DEEPPOINT believes there will eventually be enough publicly disclosed corporate ownership to justify building dedicated infrastructure around it. That alone is noteworthy. Most cryptocurrencies never receive this type of institutional tracking. Why Jasmy? One of the most interesting aspects is that Jasmy appears alongside some of the largest blockchain ecosystems in the industry: Ethereum Solana XRP BNB Tron JASMY is considerably smaller by market capitalisation than several of these projects, making its inclusion particularly intriguing. It suggests the platform's creators see Jasmy as an ecosystem worth monitoring from an enterprise perspective rather than simply another cryptocurrency. Given Jasmy's long-standing focus on enterprise data, IoT, digital identity and corporate adoption, this direction isn't entirely surprising. What It Doesn't Mean It's important not to overstate what this development represents. At this stage, DEEPPOINT has not announced: undisclosed corporate buyers, new Jasmy partnerships, treasury strategies, or institutional accumulation. The page is simply under development. No holdings have been published yet. Why Investors Should Watch This The real story will begin when the tracker goes live. If the database launches with publicly listed companies already holding JASMY, it would provide investors with one of the clearest indicators yet that corporate adoption is expanding. Corporate treasury adoption has been one of the strongest long-term catalysts for several digital assets. A transparent platform that tracks those holdings could make institutional participation far easier for investors to follow. The Bottom Line This isn't major news—yet. But it is an interesting signal. DEEPPOINT has decided that Jasmy deserves its own dedicated corporate holdings tracker alongside some of the biggest names in the blockchain industry. Whether that proves to be a simple placeholder or the beginning of a much larger institutional adoption story remains to be seen. For now, it is another development that reinforces Jasmy's growing reputation as a project increasingly associated with enterprise use cases rather than retail speculation alone. As always, the most exciting part isn't the placeholder itself—it's what eventually fills the page.

"Bitcoin gave the internet scarce digital money. Jasmy is trying to give people ownership of the data that powers the digital economy" One title. Two very different revolutions JASMY, the 'Bitcoin of Japan'. It is a thrilling phrase. It is also a phrase that can mislead if it is taken too literally. Bitcoin was built to answer one historic question: can two people exchange scarce digital value without asking a bank, government or company for permission? Jasmy begins somewhere else. It asks who should control the data produced by our phones, computers, vehicles, identities and connected devices - and who should benefit when that data becomes valuable. Picture the two systems as revolutions approaching the digital economy from opposite directions. Bitcoin begins with money and strips away the intermediary. Jasmy begins with personal data and tries to return control to the individual. Bitcoin protects a scarce asset. Jasmy wants to connect identity, consent, data, enterprise services and payments so that digital activity can become an economy in its own right. That distinction matters because JASMY should not be judged by asking whether it can replace Bitcoin. The more interesting question is whether Jasmy can build useful infrastructure in areas Bitcoin was never designed to serve. Bitcoin versus Jasmy: the clearest comparison The table below separates the marketing shorthand from the underlying machinery. Bitcoin is the more decentralised, scarce and proven monetary network. JasmyChain is the more programmable system, with a much broader intended role across data, identity and enterprise applications. Bitcoin's superpower: credible neutrality Bitcoin is powerful partly because it refuses to do too much. It does not know your name, verify your employment, store your health data or decide which enterprise application you may enter. It records ownership and transfers of bitcoin according to rules that thousands of independent participants can verify for themselves. There is no Bitcoin Corporation that can redirect the project, promise a partnership or rewrite the monetary policy. Its maximum supply is embedded in a consensus system that is deliberately difficult to change. That slowness can be frustrating, but it is also the source of Bitcoin's credibility. People do not need to believe a management team will execute a roadmap; they need to believe the network will continue enforcing its rules. This is why Bitcoin's utility can look narrow while remaining enormous. A neutral, globally transferable bearer asset does not need hundreds of applications to justify its existence. Being dependable digital money is the application. Jasmy's superpower: programmable utility Jasmy is attempting something more complicated. Its Personal Data Locker is designed to let an individual control access to personal information. Decentralised identity can support authentication. Enterprise applications can request verified information or user permission. JasmyChain can execute tokens and smart contracts, while JASMY supplies the gas needed to process activity on that network. The production JasmyChain is an Ethereum-compatible Layer 2 built with Arbitrum Orbit and the Nitro stack. This gives developers access to familiar Ethereum tooling while aiming for faster and cheaper transactions. Instead of ETH, JasmyChain uses JASMY as its custom gas token. A transfer, contract interaction, token launch or application event can therefore create a small but direct requirement for JASMY. That transforms JASMY from a token that can be used for value exchange into a token with structural network utility. But the scale of that utility will be determined by activity. Cheap gas is excellent for users; economically, however, very low fees require a large volume of genuine transactions before they become significant. How Jasmy’s utility can become a self-reinforcing engine The Jasmy thesis becomes exciting when its components stop being separate products and begin feeding one another. Verified identity can open a Personal Data Locker. The locker can support enterprise applications. Applications generate transactions. Transactions require gas. A more useful network can attract more developers, organisations and users. This is where the 'Bitcoin of Japan' label starts to undersell the ambition. Bitcoin created a network effect around ownership of money. Jasmy is trying to create a network effect around ownership of identity and data, with JASMY acting as the connective economic layer. Why more utility does not automatically mean more value A token can have ten advertised uses and still produce less economic demand than an asset with one compelling use. Utility matters only when it is repeated, necessary and difficult to bypass. A company announcement is not demand. A pilot is not demand. Even a functioning blockchain is not meaningful demand if transaction volume remains negligible. For JASMY, the key question is not whether gas exists; it does. The question is whether enterprises and users will generate enough sustained activity to make holding, acquiring and using JASMY operationally necessary. Gas consumption could contribute, but the stronger model would combine gas with settlement, application access, rewards, liquidity and other forms of recurring ecosystem use. Supply also needs to be understood correctly. Bitcoin's roughly 21 million maximum supply and JASMY's 50 billion-token contract supply cannot be compared by looking at the price of one coin. A token with more units is not automatically cheaper or less valuable. Market capitalisation, circulating supply, liquidity and genuine demand determine the economic result. Where Bitcoin wins - and where Jasmy could surprise Bitcoin wins decisively in decentralisation, security history, monetary credibility, liquidity and demonstrated global adoption. Jasmy is not close to Bitcoin on those measures, and pretending otherwise weakens the case for Jasmy rather than strengthening it. Jasmy's opportunity lies elsewhere. It can support programmable applications that Bitcoin's base layer deliberately avoids. It can connect verified identity with user-controlled data. It can target IoT and machine activity, where high-frequency, inexpensive transactions matter. It can work with enterprises and regulated services that need more context than a pseudonymous payment address can provide. In other words, Bitcoin is stronger wherever neutrality is the product. Jasmy could become stronger wherever controlled data, identity, permission and application logic are the product. So is JASMY really the 'Bitcoin of Japan'? Not technically. BTC is the native monetary asset of an independent proof-of-work Layer 1. JASMY is an Ethereum-origin utility token that now powers an EVM-compatible Layer 2 and sits within a company-led data ecosystem. Their architectures, governance, trust assumptions and economic purposes are fundamentally different. But the nickname still captures something emotionally important. Bitcoin became a symbol of digital ownership: if you control the keys, you control the asset. Jasmy is trying to extend that instinct from money to the rest of digital life: if the data describes you, perhaps you should control the permission, the access and the value it creates. That is a much more exciting proposition than simply creating another Japanese cryptocurrency. Bitcoin asked: what if money no longer needed a bank? Jasmy asks: what if identity and personal data no longer needed to belong to a platform? What next? The evidence to watch is measurable rather than rhetorical: sustained growth in genuine JasmyChain users and transactions; enterprise applications that name Jasmy and move beyond demonstration; PDL-linked services with active users; recurring JASMY gas or settlement demand; and transparent confirmation that ecosystem participation requires the token rather than merely placing it in the background. Until those indicators appear at scale, Bitcoin remains the proven monetary network and Jasmy remains the ambitious utility network. That gap is the risk - but it is also the source of the opportunity, and what a massive opportunity it is!

Jasmy operates inside Japan’s highly regulated, relationship-driven economy, whereby government-linked projects and corporate partnerships often mature behind layers of compliance, procurement and confidentiality before reaching the public. This is why it is currently all "hush, hush" in Jasmy land. It feels like we are not getting any updates because we are not getting many updates! Kunitake Ando alluded to the nature of this topic in a recent interview (I translated the spoken Japanese from a video post) where he mentioned that crypto regulations do not require him to report to stakeholders as he was required when he was the COO of Sony. This is important because crypto is a different animal from the stock market, and the Japanese government do not want to be liberally sharing trade secrets prior to procurement. Instead, Jasmy's progress may surface obliquely through ministries and national agencies (e.g., the Digital Agency, METI and J-LIS), prefectural and municipal authorities (e.g.,Nagano Prefecture), technology partners (e.g., Panasonic Advanced Technology, Cybertrust, Witz and Aplix) and institutional programs (My Number/JPKI and Wagamachi Carbon Credit NAGANO), rather than beneath a dramatic Jasmy headline. In Japan, credibility is frequently built in silence and announced only when certainty replaces ambition. Put simply, this project is government-linked and that matters because public authorities do not normally attach their name, funding and reputation to technology without procurement, security and compliance checks. This moves Jasmy beyond a speculative crypto. Instead, it will have institutional credibility and a pathway to wider adoption. Institutional credibility means Jasmy will no longer be judged only by its promises; it will have evidence that its technology can satisfy government-level security, compliance and procurement requirements. That success will create a domino effect: just one trusted deployment makes Jasmy easier for other authorities and corporations to approve, producing more applications, users and transactions. Really big money comes with patience. Bitcoin was not built in a day. Think big. Think outside the box!