Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
JasmyCoin Partnership With Apple: A Realistic Pathway To $1

FOMO Around This Deal Could See JASMY Rally To $1 Or Higher

JasmyCoin has emerged as one of the best-performing cryptocurrencies in the last 24 hours, skyrocketing by 28% to a high of $0.03124. This impressive rally was fueled by the announcement of a significant partnership with tech giant Apple, which Japan’s Prime Minister confirmed in a video conference with Apple CEO Tim Cook. The partnership aims to integrate Japan’s My Number Card function into iPhones by next spring, marking a significant digital identity and blockchain technology milestone.

Providing Japanese Citizens With Unique Digital Identifiers 

The My Number Card is a critical component of Japan’s digital identity system. It gives citizens and permanent residents unique identification numbers and personal information. By linking JasmyCoin with the My Number Card, the cryptocurrency is poised to play a pivotal role in Japan’s digital transformation. Integrating JasmyCoin into CyberTrust Japan will facilitate authentication and encryption using blockchain technology. Moreover, this technology will enhance security and transparency across the My Number Card system.

Replicating Success of Estonia’s Digital ID

Drawing parallels with Estonia’s advanced digital ID system, Japan is poised to replicate and potentially surpass these digital innovations. Estonia’s ID card system, introduced in 2002, serves as a model for digital identity management. The Estonian ID card is a sophisticated digital access card embedded with files that use 2048-bit public key encryption, enabling it to serve as definitive proof of identity in electronic environments. Furthermore, the card is utilized for various services, including national health insurance, online banking, public transport, digital signatures, online voting, and more.

Move Points to Growing Recognition of JasmyCoin

This collaboration between JasmyCoin and Apple signifies a bold step towards a more seamless and convenient digital society. Users can access various services directly through smartphones, revolutionizing how digital identities are managed and utilized. The partnership highlights the increasing acknowledgment of JasmyCoin as a leading cryptocurrency in Japan, often dubbed the “Bitcoin of Japan.”

Putting JasmyCoin into Every Japanese iPhone

Similarly, integrating the My Number Card into iPhones will position JasmyCoin as a central element in Japan’s digital ecosystem. The move promises to enhance the security and efficiency of digital transactions and identity verification. With JasmyCoin’s technology embedded into iPhones, Japanese users will benefit from streamlined access to government services, secure transactions, and robust digital authentication.

Big Endorsement of JasmyCoin 

The implications of this partnership extend beyond mere technological advancement. It represents a significant endorsement of JasmyCoin’s capabilities and potential. As the cryptocurrency gains traction, its value will likely surge, driven by increased adoption and integration into everyday digital activities.

JasmyCoin’s prominence reflects the broader trend of digital currencies gaining acceptance and integration into mainstream technologies. Moreover, the partnership with Apple positions JasmyCoin at the forefront of this evolution, demonstrating the potential of blockchain technology to transform digital identity management.

Partnership Opens The Way for More JasmyCoin Adoption

The collaboration between JasmyCoin and Apple is expected to drive further innovation and adoption of blockchain-based solutions in Japan and potentially beyond. As the My Number Card function becomes available on iPhones, the convenience and security of digital identities will reach new heights, setting a precedent for other nations to follow.

JasmyCoin’s recent performance and partnership with Apple mark a significant milestone in the cryptocurrency’s journey. Integrating the My Number Card into iPhones is a game-changer, heralding a new digital convenience and security era. As Japan continues to embrace digital transformation, JasmyCoin is well-positioned to lead the charge, cementing its status as a cornerstone of the country’s digital future.

JasmyCoin in Minor Correction Due to Profit Taking But Bulls Remain Strong

After range-bound trading for the last three months, JasmyCoin broke out yesterday with high volumes. However, after a 30% rally in a single day, JasmyCoin experiences some minor correction in the last few hours. The price is still firmly above previous resistance, now support at $0.02520. 

If bulls sustain the momentum built up yesterday, JasmyCoin could easily hit $0.05 in the coming days. On the other hand, if trading volumes drop, JasmyCoin could consolidate between today’s high of $0.03198 and the $0.02520 support. However, if bears push JASMY through the $0.02520 support, JASMY could drop to the $0.01663 support.

Why JASMY Could Rally to $1 Soon

While the above scenarios could play out today, the odds are higher that bulls will remain in control. Moreover, the Apple partnership is a big deal and could trigger FOMO that pushes JASMY to $1 or higher. 

Disclaimer: Cryptocurrency is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Buy Cryptos on eToro banner