Strategic Collaboration for Global Growth
Tokyo, Japan – In a testament to the growing convergence of blockchain and Internet of Things (IoT) technologies, Jasmy Lab and Kana Labs have formed a strategic partnership. This collaboration aims to leverage the strengths of both companies to expand the Jasmy ecosystem and promote global growth.
Key Takeaways:
- Partnership seeks to “expand the Jasmy ecosystem.”
- Kana Labs to provide Account Abstraction SDK for cross-chain accessibility of JasmyCoin.
- Collaboration targets market expansion in Korea, India, and Western countries.
Strategic Collaboration
Jasmy Lab, a leader in IoT and data sovereignty, has joined forces with Kana Labs, a pioneer in Web3 and blockchain infrastructure. “This collaboration aims to expand the Jasmy ecosystem,” Jasmy Lab stated in an official announcement. The partnership will harness the combined capabilities of both companies to enhance their global reach.
Technical Aspects
Kana Labs will contribute its specialized Account Abstraction SDK (Mirai & Web3 Middleware SDK) to Jasmy Lab. This integration will enable cross-chain accessibility for JasmyCoin (JASMY), seamlessly connecting Jasmy Lab’s private chains with public chains. “This collaboration will set a new standard for how blockchain and IoT can work in tandem,” the announcement stated.
Market Outreach
The partnership includes joint marketing initiatives to bolster Jasmy Lab’s presence in Korea, India, and Western markets. In return, Jasmy Lab will support Kana Labs’ expansion into the Japanese market, creating potential opportunities for both companies.
CEO Statements
HARA, CEO of Jasmy Lab, expressed optimism about the partnership, stating that Kana Labs “will play a pivotal role in enhancing the utility of our token, a significant aspect of Jasmy’s roadmap.” Karthik Subramaniam, CEO of Kana Labs, reciprocated this sentiment, highlighting the potential to “extend our use cases into the IoT sector and the Japanese market.”
Future Implications
The alliance between Jasmy Lab and Kana Labs is not merely a partnership but a strategic alliance that could redefine the landscape of blockchain and IoT technologies. Both companies have high hopes for mutual growth and success, and their collaboration could serve as a model for future partnerships in these rapidly evolving sectors.
Recent Moves by Jasmy
Jasmy has been actively expanding its Jasmy ecosystem. On August 29, the company launched its Jasmy Chain, a Layer 2 solution based on Ethereum designed for data transparency and security. A day later, Jasmy entered into a strategic business agreement with PiLab, focusing on advanced blockchain technologies. Earlier, on August 4, Jasmy partnered with DWF Labs to promote the global expansion of the IoT blockchain sector.
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