JasmyCoin announced its integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable seamless token transfers across multiple networks.
Reasons for Choosing Chainlink's CCIP
Jasmy selected Chainlink CCIP as its cross-chain interoperability standard due to several key reasons: security, developer control, self-serve deployments, and future-proof design. Chainlink's CCIP is powered by a Decentralized Oracle Network (DON) that has secured $19 trillion in on-chain transactions since 2022. Token developers maintain full ownership of their contracts and token pools, avoiding vendor lock-in. The Cross-Chain Token (CCT) standard allows developers to create new interoperable tokens in minutes. CCIP's design supports new blockchain integrations and security upgrades, ensuring long-term scalability.
JANCTION: Jasmy's Layer 2 Solution
Beyond the token transfer upgrade, JANCTION, Jasmy’s community-driven Layer 2 blockchain, is also integrating Chainlink CCIP. This move will enable developers to create secure and scalable cross-chain applications. By leveraging CCIP’s robust infrastructure, JANCTION aims to accelerate the adoption of blockchain and IoT-based applications, reinforcing Jasmy’s position as a leader in decentralized data management.
JasmyCoin's Mission: Data Democracy with Blockchain and IoT
Jasmy was founded by former Sony executives to create a blockchain-powered data democracy system. The project’s core mission is to give users full control over their personal data rather than having it monopolized by large corporations. By combining IoT and blockchain, Jasmy aims to enable a secure, user-driven digital ecosystem. With rising concerns over data privacy and security breaches, Jasmy’s platform provides a decentralized alternative that allows individuals to manage and monetize their own information.
JasmyCoin's integration with Chainlink CCIP reinforces the vision of data decentralization and expands the accessibility and liquidity of JASMY tokens in the multi-chain economy.