Jasmy Collaborates with Chainlink

Jasmy, a leading company in IoT platform development, has started an exclusive collaboration with Chainlink, a premier decentralized oracle ecosystem. This partnership involves Jasmy adopting the Chainlink CCIP standard to enable secure interoperability across blockchain networks. The announcement was made in a blog post on Medium.

Jasmy and Chainlink CCIP Adoption

Jasmy claims that implementing the Chainlink CCIP standard will enhance secure cross-chain transactions, facilitating the transfer of its native $JASMY token and fostering liquidity growth. Currently, the project’s market capitalization exceeds $600M. Additionally, JANCTION, an L2 blockchain incubated by the Jasmy community, will also implement Chainlink CCIP.

With this standard, Jasmy builders can develop secure and effective cross-chain applications on JANCTION. This progress is set to boost the adoption of both IoT and blockchain technologies. Amid rising concerns over security and privacy, Jasmy advocates for data democracy, aiming to restore individual control over personal data, while ensuring secure data exchange through blockchain technology.

Overall, Jasmy contributes to a consumer-focused digital age within today’s information-driven economy. The decision to adopt Chainlink CCIP is rooted in Jasmy’s goals of delivering zero-slippage transactions and enhancing programmability. Furthermore, this adoption grants developers complete ownership and control over their creations. The defense-in-depth security provided by CCIP, which supports these advancements, has reached level 5 in terms of cross-chain security.

Promoting Blockchain Innovation and Accessibility

According to Jasmy, embracing the Chainlink CCIP standard enhances developer flexibility and control. As an advanced interoperability standard, Chainlink CCIP is crucial for fostering a multi-chain economy. Overall, this adoption paves the way for driving innovation, accessibility, and wider acceptance of blockchain technology.