JasmyCoin, often referred to as 'Japan’s Bitcoin,' has announced its integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP), enabling seamless JASMY token transfers between Ethereum and Base networks.
Why Jasmy Adopted Chainlink’s CCIP
Jasmy selected Chainlink CCIP as its cross-chain interoperability standard for several key reasons:
1. Security: Chainlink’s CCIP is powered by a Decentralized Oracle Network that has secured $19 trillion in on-chain transactions since 2022. 2. Developer Control: Token developers maintain full ownership of their contracts, token pools, and implementation logic, avoiding vendor lock-in. 3. Self-Serve Deployments: The Cross-Chain Token (CCT) standard allows developers to create new interoperable tokens in minutes. 4. Future-Proof Design: CCIP supports new blockchain 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 move will enable secure and scalable cross-chain applications for developers building on the Jasmy ecosystem. By leveraging CCIP’s robust infrastructure, JANCTION aims to accelerate adoption of blockchain and IoT-based applications.
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. The adoption of Chainlink CCIP further strengthens this vision by expanding the reach of JASMY tokens beyond a single blockchain.
JasmyCoin's integration with Chainlink CCIP marks a significant step in the development of the multi-chain economy, strengthening JASMY's market position and enhancing the token’s security and accessibility.