JasmyCoin, often referred to as 'Japan's Bitcoin', has announced its integration with Chainlink's Cross-Chain Interoperability Protocol (CCIP). This integration will allow more secure and efficient token transfers across various networks.
Why Jasmy Adopted Chainlink CCIP
Jasmy selected Chainlink CCIP as its cross-chain interoperability standard for several key reasons. Firstly, security: Chainlink’s CCIP is powered by a Decentralized Oracle Network that has secured $19 trillion in on-chain transactions since 2022. Secondly, developer control: token developers maintain full ownership of their contracts, token pools, and implementation logic, avoiding vendor lock-in. Thirdly, self-serve deployments: the Cross-Chain Token standard allows developers to create new interoperable tokens in minutes. Lastly, future-proof design: CCIP supports new blockchain integrations and security upgrades, ensuring long-term scalability.
JANCTION: Jasmy’s Solution for Cross-Chain Apps
Beyond the token transfer upgrade, JANCTION, a 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 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. Reports suggest that 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 aligns with a broader industry trend—bridging liquidity gaps across blockchains. This move also follows recent developments within Chainlink, including HashKey Chain integrating Chainlink CCIP for secure DeFi applications and OpenUSDT for seamless stablecoin transfers across blockchains.
