Jasmy, a top company for developing IoT platforms, has started an exclusive collaboration with Chainlink, a leading decentralized oracle ecosystem. As a part of this collaboration, Jasmy is adopting the Chainlink CCIP standard to enable secure interoperability across chains. The platform announced the partnership in an exclusive blog post shared on Medium.
As per Jasmy, the adoption of the Chainlink CCIP standard will enhance cross-chain transactions in a secure way. Hence, this will lead to the native $JASMY token’s transfers across chains along with liquidity growth. At present, the project reportedly has a market capitalization ore above $600M. In addition to this, JANCTION, an L2 blockchain that the Jasmy community incubated, will also adopt Chainlink CCIP.
With this standard, Jasmy builders will be able to develop secure and effective cross-chain apps on JANCTION. The respective development will advance IoT and blockchain technologies’ adoption. While apprehension about security and privacy breaches continue to rise, Jasmy promotes data democracy to assist in returning control of individual data to the owners. It also focuses on delivering secure exchange of data via blockchain technology.
With this, Jasmy contributes to a consumer-centered digital epoch within the current information-led economy. The prominent reasons for selecting Chainlink CCIP include Jasmy’s endeavors to offer zero-slippage transactions and improved programmability. Additionally, this adoption also delivers complete ownership and control to developers. The defense-in-depth security of CCIP, which backs all these developments, has achieved the level 5 in the case of cross-chain security.
According to Jasmy, adopting the Chainlink CCIP standard brings developer flexibility and control. As an advanced standard to provide interoperability across chains, Chainlink CCIP serves as a key factor to expand multi-chain economy across chains. Overall, this adoption drives blockchain innovation, accessibility, and adoption.
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Author: NixCoin
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