JasmyCoin, often referred to as 'Japan's Bitcoin,' has announced its integration with Chainlink's Cross-Chain Interoperability Protocol (CCIP). This move will allow for secure and efficient token transfers between different blockchains like Ethereum and Base.
Why Jasmy Adopted Chainlink CCIP
Jasmy selected Chainlink CCIP as its cross-chain interoperability standard for several key reasons:
* **Security:** CCIP is powered by a Decentralized Oracle Network (DON) that has secured $19 trillion in blockchain transactions since 2022. * **Developer Control:** Token developers maintain full control over contracts and token pools, avoiding vendor lock-in. * **Ease of Deployment:** The CCT standard allows for the creation of new interoperable tokens in minutes. * **Future-Proof Design:** CCIP supports new integrations and security upgrades, ensuring long-term scalability.
JANCTION: Layer 2 Solution for Cross-Chain Apps
JANCTION, Jasmy's community-driven Layer 2 blockchain, is also integrating Chainlink CCIP. This will facilitate secure and scalable cross-chain applications on the Jasmy platform.
According to Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs: “We’re excited to see Jasmy adopt the Chainlink standard and connect to the multi-chain ecosystem. Interoperability is a crucial component in the on-chain economy, and we look forward to seeing how Jasmy leverages Chainlink CCIP to innovate across the blockchain industry.”
JasmyCoin's Mission: Data Democracy with Blockchain and IoT
Founded by former Sony executives, Jasmy aims to create a blockchain-powered data democracy system. The project’s mission is to give users full control over their personal data, rather than having it monopolized by large corporations.
With growing concerns over data privacy and security breaches, Jasmy's platform offers a decentralized alternative that empowers individuals to manage and monetize their own information.
JasmyCoin's integration with Chainlink CCIP marks a significant stride toward a safer and more interoperable multi-network economy. It also strengthens Jasmy's mission to safeguard user data with blockchain and IoT.
