JasmyCoin, known as 'Japan's Bitcoin,' announced its integration with Chainlink CCIP to enable seamless token transfers across multiple networks.
Why Jasmy Adopted Chainlink's CCIP
Jasmy selected Chainlink CCIP as its cross-chain interoperability standard for several reasons. Security is ensured 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 pools, avoiding vendor lock-in. The Cross-Chain Token (CCT) standard allows developers to create new interoperable tokens in minutes. Additionally, CCIP supports new blockchain integrations and security upgrades for long-term scalability.
JANCTION: Layer 2 Solution for Cross-Chain Apps
Beyond the token transfer upgrade, JANCTION, Jasmy’s community-driven Layer 2 blockchain, is integrating Chainlink CCIP. This move will enable secure and scalable cross-chain applications for developers building on the Jasmy ecosystem, accelerating blockchain and IoT adoption.
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 aims 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. The adoption of Chainlink CCIP strengthens this vision by expanding the reach of JASMY tokens beyond a single blockchain, aligning with the broader industry trend of bridging liquidity gaps across blockchains.
The integration with Chainlink CCIP makes JasmyCoin more accessible and liquid in the multi-chain economy. JASMY tokens become more robust and secure, supporting the idea of data democracy.