JasmyCoin, often referred to as 'Japan’s Bitcoin', announced its integration with Chainlink CCIP to facilitate JASMY tokens across multiple networks.
Why Jasmy Adopted Chainlink CCIP
Jasmy selected Chainlink CCIP as its cross-chain interoperability standard for several key reasons. Firstly, security: CCIP is powered by the Decentralized Oracle Network, which has secured $19 trillion in transactions since 2022. Additionally, Chainlink CCIP allows developers full control over contracts and token pools, facilitates self-deployable interoperable tokens, and supports new blockchain integrations and security upgrades.
JANCTION: Jasmy’s Layer 2 Solution
JANCTION, the community-driven Layer 2 blockchain by Jasmy, is integrating Chainlink CCIP. This move enables secure and scalable cross-chain applications, accelerating adoption of blockchain and IoT applications.
JasmyCoin's Mission: Data Democracy
Jasmy was founded by former Sony executives to create a data democracy system powered by blockchain. The project enables users to take full control of their personal data, blending IoT and blockchain technologies. This platform offers a decentralized alternative for managing and monetizing data, crucial amid rising privacy concerns and security breaches.
JasmyCoin's integration with Chainlink CCIP extends the reach of JASMY tokens in the multi-chain economy, enhancing their accessibility and liquidity.