JasmyCoin (JASMY) Surges Despite False Apple Partnership Rumors

Apple plans to integrate Japan’s “My Number” identification card functions onto iPhones, consolidating tax and social security data into a single card for Japanese citizens and foreign residents. This development is significant in digital identification and data security.

However, JasmyCoin investors mistakenly believed this implied a direct partnership between JasmyCoin and Apple, leading to a 20% increase in the token’s value within 24 hours.

JasmyCoin is an Ethereum ERC-20 token that emphasizes privacy and data security. The My Number initiative by the Japanese government uses My Number cards as certificates of cardholders’ name, address, date of birth, and other sensitive information for electronic identity verification.

Since May last year, the My Number feature has been available on Android devices through the “Mynaportal” app. H

owever, there are no reports suggesting that the iTrust service will be natively implemented in iPhones. Despite the lack of official confirmation, the market has reacted strongly to the rumors, with JasmyCoin’s value climbing 20% in the past 24 hours and 44% over the past week.

You need to login in order to Like