Jasmy to Launch Open-Source Layer-2 Mainnet Built on DID Technology
Jasmy has announced the launch of its open-source Layer-2 (L2) blockchain mainnet, built on its proprietary decentralized identity (DID) technology called Proof of Device and Linkage (PDL). This system validates device ownership and transforms them into revenue-generating digital assets. Integrated with Ethereum, the network uses the JASMY token for transactions. JANCTION, a core ecosystem partner, enables decentralized GPU and computing resource sharing, targeting AI applications through its JCT token. JANCTION also launched JANCTION LINK, a browser-based engagement tool. Jasmy plans to expand its ecosystem with more applications and integrations, transforming verified devices into valuable assets within decentralized networks.
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Introduction to Jasmy's Layer-2 Blockchain
Jasmy has announced the deployment of its Layer-2 (L2) blockchain mainnet as an open-source infrastructure, aimed at decentralizing data and device ownership. The network relies on Jasmy's proprietary decentralized identity (DID) technology, called Proof of Device and Linkage (PDL), which validates individual data, devices, and assets.
According to Hiroshi Harada, CEO of Jasmy Labs, the goal is to turn verified user devices, such as GPUs and PCs, into blockchain-recognized assets capable of generating revenue. Harada states: "The foundation is PDL, a DID. Data, devices, and assets of verified individuals. GPU and PC resources are straightforward ways to monetize your assets."
How Jasmy’s L2 Chain Works
The core technology of Jasmy's Layer-2 blockchain is its DID framework known as Proof of Device and Linkage (PDL). This system ensures ownership and identity verification of user devices, turning physical assets like GPUs, PCs, or smartphones into revenue-generating entities.
The Layer-2 chain is built on Ethereum, using JASMY as its custom gas token. Users interacting with the platform—whether for withdrawing resources from JANCTION or deploying decentralized applications (Dapps)—will require JASMY for transaction processing.
Highlighting its open-source approach, HARA emphasized that the network is compliance-ready, providing developers a transparent infrastructure to build applications while ensuring data authenticity.
JANCTION: Jasmy’s Core Ecosystem Partner
JANCTION represents Jasmy’s close collaboration with a significant ecosystem partner. It operates as a Decentralized Physical Infrastructure Network (DePIN) for AI and computing applications. The platform enables decentralized GPU-backed asset sharing and facilitates AI-related tasks like model training and data processing.
Key features of JANCTION’s network include:
- Decentralized GPU sharing: Individuals and institutions can contribute their GPU resources.
- Traceable data inputs: Ensures transparency in all AI-related operations.
- Privacy protection: DID integration secures both device identity and user information.
- AI compute marketplace: Facilitates an open market where users can provide or consume GPU power.
By linking its infrastructure with Jasmy's DID technology, JANCTION strengthens the ecosystem while allowing small and medium enterprises to access decentralized computing power.
The JCT Token and its Role
The JCT Token is a central part of JANCTION’s ecosystem, with a total supply of 50 billion tokens and an initial circulating supply of approximately 11.5 billion tokens from the Token Generation Event (TGE).
Core functionalities of the JCT token include:
- Staking: Enables access to or provision of GPU resources.
- Payments: Facilitates AI tasks, model training, and related services.
- Governance: Allows token holders to vote on updates and resource allocation.
- Rewards: Provides incentives to developers and GPU contributors.
Additionally, JCT holders receive periodic airdrops of Jasmy’s token, JASMY, creating a feedback loop that strengthens both ecosystems.
Expanding the Ecosystem with JANCTION LINK
JANCTION LINK is an innovative browser-based tool introduced by JANCTION. It consolidates multiple social media and web links into a single customizable page. Features include:
- Ability to integrate platforms like YouTube, X, Instagram, and e-commerce links.
- Provides engagement metrics based on video viewing duration, helping creators measure their audience’s interaction.
This service complements Jasmy’s overall infrastructure by enabling verified data use and content engagement within Jasmy’s DID framework. Harada describes the tool as fostering a "continuous engagement cycle", where users' creative work inspires further innovation.
The Road Ahead
Jasmy confirmed that five minimum viable products (MVPs) are already operational, with JANCTION being the most prominent example. Future plans include:
- DeFi integrations
- Stablecoin payment systems
- ETF-linked blockchain products
Each of these developments will leverage the PDL-based device authentication framework, signaling a shift toward a more application-driven ecosystem.
Hiroshi Harada encapsulated their vision: "Jasmy aims to be the Bitcoin of its ecosystem. JANCTION aims to be the GPU-backed asset platform."
Conclusion and Resources
Jasmy’s Layer-2 blockchain introduces a groundbreaking model of decentralized computing by linking verified device ownership with economic activity. The partnership with JANCTION expands its reach into AI and decentralized computing, enabling a broader range of tangible applications.
For further details, explore the following resources: