August 29th, Japanese IoT platform developer Jasmy announced that they are building a Layer2 solution based on Ethereum called Jasmy Chain to enhance scalability and provide a more transparent, secure, and personalized data interaction experience.

The following are the main design features of Jasmy Chain: ・Support for Rollup Layer2 account abstraction: reduces friction in L2 interactions while ensuring 100% compatibility with existing EVM standards. ・Integration of Jasmy AI engine's Web3 operating system: all interactions will become more modular, efficient, and intelligent. ・Precise services based on DID and user data: on Jasmy Chain, everyone can have a unique identity, truly returning data control to users and ensuring equal access to the global economic system.