Hara, the CFO of Jasmy and CEO of Junction, has announced ambitious ambitions for the introduction of their Junction open-source Layer2 chain
Hara, who serves as both the CFO of Jasmy and the CEO of Junction, has expressed grand aspirations for the introduction of the Junction open-source Layer2 chain, indicating that it will be available as soon as possible. Bernd Junction, the CTO, confirmed that the development will be completed within a month.
This news marks a huge step forward for the Japanese blockchain ecosystem, as the initiative promises to introduce significant breakthroughs in blockchain technology.
Janction CEO Harada plans to release Junction open source Layer2 chain as soon as possible. Bernd Junction CTO, within 1 month.
It seems to be in October at the latest. #jasmy #jasmy #junction https://t.co/JlpUw8g2eR
— J Coin (JASMY) Jasmy-kun (@JASMY45725535) September 21, 2024
Aiming for Blockchain Supremacy: Junction Ambitious Integration Plan
Interestingly, the upcoming Junction Layer2 chain is said to be identical to Sony's recently launched blockchain, Soneium. Considering Sony's history of technological innovation, this suggests that Junction blockchain could become a major player in the space.
Furthermore, to enhance its presence, Junction is making bold moves by developing its own Layer 1 chain with a unique consensus method. This breakthrough will allow for seamless integration between the Layer2 and Layer1 chains, offering a complete blockchain experience through the Junction platform.
This ambitious endeavor demonstrates Junction's aspiration to establish itself as a central force in blockchain technology, especially within Japan.
Hara has established a clear goal for the project, highlighting its responsibility as Japan's largest blockchain initiative.
“We want to create something new and big. As Japan's largest blockchain project, it's our responsibility to do so. Jasmy is the number one blockchain technology in Japan, and Junction is a mainnet of Jasmy. We aim to be the biggest blockchain project.”This bold statement reflects the intention to lead and define the future of blockchain technology in Japan.
When asked about a potential collaboration with Sony, Hara hinted at exciting possibilities. While he was unable to share specific details at this time, he did suggest that a collaboration in areas such as DApps, DEX, or DeFi could be in the works.
Throughout this conversation, his smile seemed to indicate that the discussions with Sony are not merely hypothetical, but may well be actively taking place. Such a collaboration could notably accelerate the development and implementation of Junction's blockchain technology, especially given Sony's established presence and expertise in the tech industry.
Adding to the growing excitement surrounding Jasmy and Junction, earlier this month, CCNF reported on analyst Javon Marks' anticipation of a massive potential increase of 23,500% for the JASMY token.
This bullish prediction was supported by a substantial RSI divergence, which indicated a high probability of a significant upward movement in JASMY's price. If realized, this projection could bolster Jasmy's status as Japan's premier blockchain project.
Meanwhile, JASMY is currently trading at around $0.02079, having seen a slight decrease of 0.81% over the last 24 hours. Despite the decline, the token is still 99.58% below its all-time high of $4.99.
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