JasmyCoin, often dubbed 'Japan's Bitcoin,' has announced its integration with Chainlink's Cross-Chain Interoperability Protocol (CCIP). This upgrade allows seamless token transactions between Ethereum and Base networks, eliminating traditional bridges that pose security risks.
Reasons for Choosing Chainlink CCIP
JasmyCoin chose Chainlink's CCIP as its cross-chain interoperability standard for several reasons:
1. Security: Chainlink's CCIP is powered by a Decentralized Oracle Network (DON) that has secured $19 trillion in on-chain transactions since 2022. 2. Developer Control: Token developers retain full ownership of their contracts, token pools, and implementation logic, avoiding vendor lock-in. 3. Self-Serve Deployments: The 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, a community-driven Layer 2 blockchain, is also integrating Chainlink CCIP. This will enable secure and scalable cross-chain applications for developers building on the Jasmy ecosystem. Leveraging CCIP’s robust infrastructure, JANCTION aims to accelerate the adoption of blockchain and IoT-based applications.
JasmyCoin's Mission: Data Democracy with Blockchain and IoT
Jasmy was founded by former Sony executives with the aim of creating a blockchain-powered 'data democracy' system. The project’s core mission is to provide users with full control over their personal data, rather than being monopolized by large corporations. By combining IoT and blockchain, Jasmy seeks to enable a secure, user-driven digital ecosystem.
JasmyCoin's integration with Chainlink CCIP aligns with a broader industry trend—bridging liquidity gaps across blockchains. This strengthens Jasmy's platform as a decentralized data management solution, allowing users to extend the reach of JASMY tokens.
