Jasmy Lab Teams Up with Kana Labs to Supercharge JasmyCoin Utility and Fuel Rapid Global Expansion

In a groundbreaking move, Jasmy Lab has announced an electrifying partnership with Kana Labs. The partnership aims to exponentially increase the utility of JasmyCoin while accelerating the companies’ collective foray into new markets around the globe. 

Jasmy Lab To Expand Kana Labs In The Japanese Market 

Jasmy Lab has revealed a strategic partnership with industry leader Kana Labs to boost the functionality of its native cryptocurrency, JasmyCoin, while accelerating the global expansion of both enterprises. The alliance is designed to broaden the scope of the Jasmy ecosystem. Kana Labs is a leader in the Web3 and blockchain infrastructure sectors, specializing in simplifying the intricate landscapes of DeFi and GameFi. 

The company aims to make these rapidly evolving ecosystems more user-friendly for both newcomers and seasoned developers. Known for its solid liquidity and cross-chain bridging software toolkit (SDK), Kana Labs enables decentralized applications to instantly support multiple blockchain networks. Uniquely, it is the only player in the current market that seamlessly integrates both EVM and non-EVM chains on a unified platform. 

In turn, Jasmy is committed to crafting an IoT platform that restores data sovereignty back to its legitimate owners—individual consumers. This platform ensures not only the security but also the reliable use of data. By leveraging the combined power of IoT and blockchain technologies, Jasmy is rolling out a versatile platform with broad relevance across multiple industries.

As part of the collaboration agreement, Kana Labs will provide critical support to Jasmy Lab by offering its specialized Account Abstraction SDK—Mirai, along with its Web3 Middleware SDK. These toolkits are intended to streamline cross-chain operability for JasmyCoin (JASMY) and to fluidly connect Jasmy Lab’s private chains with public blockchains. Kana Labs is also set to lead cooperative marketing campaigns aimed at enhancing Jasmy Lab’s footprint in the Korean, Indian, and Western markets.

Conversely, Jasmy Lab plans to integrate Kana Labs’ SDK and mini-games into its own blockchain computer systems, thereby assisting Kana Labs in making inroads into the Japanese market.

Data Exchange And Blockchain Infrastructure Touch New High

The core emphasis of the partnership will be Jasmy Lab’s role as an infrastructure collaborator on Kana Labs’ platform and SDK. Both entities are devoted to engaging in transparent and constructive dialogues to hash out the particulars of this alliance. These discussions will cover aspects such as compensation, rights, responsibilities, and investments pertinent to Jasmy Lab’s capacity as an Infrastructure Partner.

JasmyCoin (JASMY) is a digital currency initiative developed by Jasmy Corporation, with a primary focus on safeguarding individual data ownership via IoT and blockchain innovations. The cutting-edge platform from Jasmy grants users the autonomy to manage their own personal data while enabling secure and trust-free data exchanges.

Mr. Harra, CEO of Jasmy Lab, commented, “We are very pleased to announce our partnership with Kana Labs, which has provided its unique and superior blockchain technology to many DeFi and GameFi ecosystems and has been recognized by several Japanese companies for its potential. We expect them to play a key role in expanding the utility of tokens, which is an important roadmap for us at Jasmy.”

Karthik Subramaniam, CEO of Kana Labs, said, “Extremely glad to be working with our first partners from Japan, Jasmy Labs. Their work on IoT is something that is highly innovative and path-breaking, and we hope that by working with them, we would be able to expand our use-case to the IoT domain as well and would also work with Jasmy in expanding our user base in Japan. This is really an exciting partnership that we have been looking forward to for a long time now.”

This partnership fuses Jasmy Lab’s specialization in IoT and data exchange with Kana Labs’ mastery of blockchain frameworks, paving the way for transformative solutions that promise a secure, data-centric future. 

Source: https://blockchainreporter.net/jasmy-lab-teams-up-with-kana-labs-to-supercharge-jasmycoin-utility-and-fuel-rapid-global-expansion/